Sports Stadiums Are Bad Public Investments

Joel was featured in a short ReasonTV piece about public investments in private sports statiums. From ReasonTV:

“Anybody that drives around Southern California can tell you the infrastructure is falling apart,” says Joel Kotkin, a fellow of urban studies at Chapman University and author of the book The New Class Conflict. “And then we’re going to give money so a bunch of corporate executives can watch a football game eight times a year? It’s absurd.”

Watch the piece below: