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Risky Business or Economic Boost: The Real Cost of the Boston Olympics with Andrew Zimbalist
June 15, 2015 @ 6:30 pm - 8:00 pm
Papercuts JP and the Jamaica Plain Forum welcome Andrew Zimbalist, author of Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup. Zimbalist will discuss his new book in relation to Boston’s bid to host the 2024 Olympic Games.
Andrew Zimbalist is an international expert on the financing of big-league and global sports events. His latest book explores the economic impact of hosting the Olympics and the World Cup. He has found that, in most cases, host cities have reaped no economic benefits from hosting. Zimbalist recently testified before a joint session of the Massachusetts legislature about Boston’s potential bid to host the 2024 Summer Games. In an op-ed he published in The Boston Globe, Zimbalist takes issue with the “American exceptionalism” argument, advanced by Boston 2024, that Olympics staged in the U.S. have historically performed better economically than other countries. Zimbalist is the Robert A. Woods Professor of Economics at Smith College in Northampton, MA.
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