Video

No one wants to host the Olympics anymore —  will they go away?

It’s no secret that it’s a pricey pain to host the Olympic Games, running billions of dollars above the estimated budget. As the International Olympic Committee receives fewer bids with each problematic games, the future of the tradition is looking unsure. We spoke with Smith College Professor of Economics Andrew […]
No one wants to host the Olympics anymore  —  will they go away?
US

Why the Olympics are a terrible investment for the host city

The Olympics are a terrible investment and a huge risk for the host city. Following is a transcript of the video. Cities pay billions of dollars to host the Olympics. But is it worth it? Rio estimated the 2016 Olympics would cost $US3 billion. Instead, the final cost was closer […]
Why the Olympics are a terrible investment for the host city