J.C. Bradbury
Economist, Georgian, Gadfly
Stadium Subsidies, Film Incentives, Local Economic Development, Sports Economics
Tariffs bad. Vaccines good.
Conjecture is not evidence.
jcbradbury.com
Book website: ThisOneWillBeDifferent.com
- This new Republican fixation with eliminating certain taxes without connecting it to government spending or operations is untethered to reality. They're all pandering schemes that are just as harebrained as anything put forth by radical socialists they claim to decry.
- Question for the media: Who is Steve Robb of Municipal Consulting, and why is he qualified to do such an analysis? What are his methods, and what is his track-record on past projects? An internet search indicates he's just some random guy with no credentials whatsoever.
- Great moments in bothsidesism. Writing "Such studies are often debated by economists" is like saying, "Doctors often debate the claims of anti-vaxxer posts on Reddit." Commissioned forecasts, which aren't "studies," are not debated, economists universally dismiss them as quackery.
- We've learned where the Tampa Bay Rays plan to get the $1.2 billion in taxpayer money to build it a new stadium. A key source would be a county sales tax that voters already approved *with the explicit understanding that it would not be used for a stadium.*
- The Rays "belong in Tampa Bay"... Please, it was the Rays who backed out of a deal to give the team $600 million of taxpayer money for a brand new stadium. Now the owners are demanding double that. "The Rays need more welfare" is the appropriate slogan.
- My article (with @bradhumphreys.bsky.social ) "Yes, There is an Economic Consensus That Professional Sports Facilities are Inadvisable Public Investments" is now published in Economic Development Quarterly. journals.sagepub.com/doi/10.1177/...
- I'm going to rip my hair out. For the millionth time: It doesn't matter where the taxes are collected, but where they come from, which is reallocated from existing local tax collections. Folks, we have to elect better people. This is either negligence or incompetence.
- STOP just saying uninformed things like this. Nashville's last mayor basically ended his political career by backing the unpopular Titans stadium. CLT has committed ~$900M to renovating NFL & NBA venues. Neither city has money or political capital to subsidize an MLB ballpark.
- It's not socialism if Republicans support it.
- The @tampabaytimes.bsky.social has done a pretty good job of covering the Rays stadium saga, but this is a terrible headline. What matters for public policy is the public cost ($1.15 billion), the public share is totally irrelevant. It implies that the public ask is low, and it's not.
- Rob Manfred's legacy as commissioner isn't looking so hot. Labor strife seems inevitable. MLB clubs are scrambling for new public stadium deals, while NFL teams have no problem. Now the league has totally flubbed broadcasting, after it basically invented today's streaming model.
- In other words, the Rays are seeking a $1.15 billion subsidy from taxpayers.
- It's kind of amazing how many people think what economists deride as the broken window fallacy is a core tenet of Econ 101. We're talking something that was debunked 175 years ago.
- Surprise, a retort that begins with "bro" gets it wrong. Any spending that might happen in "A. Field." will be transferred from elsewhere, which results in a reallocation of tax revenue. Ugh, Twitter.
- We've reached the point in the process when the political players backing the stadium proposal fully realize that they didn't do their due diligence on the plan that sounded so good over cocktails in the owners box. They can't admit they were duped, so it's full steam ahead.
- This is insane.
- Reposted by J.C. Bradbury[Not loaded yet]
- Reposted by J.C. Bradbury[Not loaded yet]
- Ah yes, it's about time for the veiled non-specific relocation threat to spike the team ask for a taxpayers subsidized stadium. It would be absolutely stupid for MLS to abandon a market with 3 million people. Tell the owner-operators to pound sand.
- I thought it was odd that Baseball America brought in John Coppolella as some sort of insider contributor, given that he's been out of baseball for ~decade and the minors have been completely overhauled. So I read the two articles he wrote. Now, I'm even more confused.
- Nobody:
- I'm curious if this proposal has been vetted by any economists with a background in public finance. It seems like that would be a good idea.
- It doesn't seem all that long ago, that Cobb County granted tax abatements to support Home Depot's operations here.
- Reposted by J.C. BradburyI wrote this song on Saturday, recorded it yesterday and released it to you today in response to the state terror being visited on the city of Minneapolis. It’s dedicated to the people of Minneapolis, our innocent immigrant neighbors and in memory of Alex Pretti and Renee Good. Stay free
- The pardoning of J-6ers was done to send the signal that it's about choosing sides, not what is right.
- BREAKING Greg Bovino has been removed as Border Patrol "commander at large" and will return to El Centro Calif, where he is expected to retire soon. A stunning turnaround after Pretti killing. Bovino's traveling blue city crackdown is over www.theatlantic.com/politics/202...
