Econlife Quiz: Do You Know the Economics Behind the Olympics?

Some economists have said that happiness might be the only reason to host the Olympics once you consider the cost.

Unaffordable Sports Stadiums

The year is 1996. The place is Hamilton County, Ohio. You are standing in a voting booth deciding whether to approve a .5% sales tax increase to help build and maintain 2 new sports stadiums. Although the spending will exceed…