Why Hosting The Olympics Isn’t Worth It Anymore

Video
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 Zimbalist on the matter. He should know, he’s written about the Olympic issues in Circus Maximus, No Boston Olympics, and Rio 2016.

————————————————–

Follow Business Insider on Twitter: https://twitter.com/businessinsider
Follow BI on Facebook: http://bit.ly/1W9Lk0n
Read more: http://www.businessinsider.com/

————————————————–

Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Articles You May Like

Life beyond Netflix: What you should know about the new wave in streaming
Here’s what it’s like inside the Coast Guard bootcamp. #militarytraining #bootcamp #training
Africa’s Plan to Bring Chocolate Profits Home
Riverford: UK business needs long-term policies and stability | FT Food Revolution
This company makes tables out of chopsticks! #Chopsticks #Furniture #Upcycling

Leave a Reply

Your email address will not be published. Required fields are marked *