Tag Archives: Olympics

You Must Read—Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup

If your city or country ever decides to enter into the bidding process for either Olympic iterations, summer or winter, or the World Cup drop a copy of this book on their doorstep and run.  It’s like a grenade thrown right into the nest of assumptions that every civic leader ever has used to justify spending millions to bid and billions to actually host one of these boondoggles…er, international sporting spectacles.

Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cupindex by Andrew Zimbalist is a thin tome at just 135 pages not including the reference pages.  You can read it in a night and be frightened forever after if you hear the words Olympic organizing committee.

Here is the deal in a nutshell: Hosting one of these events is not going to help an economy develop and will, in all likelihood, divert funds from developments that could actually help move an economy forward for most people.  However, nothing gets people excited quite like the big project and the Olympics or World Cup is the apogee of big projects.

It’s not just the economic arguments that are bunk, but the whole enterprise is corrupt.  You can soothe yourself with stories about athletic excellence and national pride, but these games are just one long corrupt endeavor designed to line the pockets of the organizers.  This includes the people responsible for doling out the games and the people who advocate for hosting the games.

I am holding out hope that the last thirty years of every increasing extravagance has finally ended as fewer and fewer cities line up to host these games.  Even the BRICs, minus India which has not hosted such a spectacle, seem to have soured somewhat on the proposition after spending hundreds of billions to host the 2008 Sumer Olympics, 2014 World Cup, 2014 Winter Olympics, 2016 Summer Olympics, 2018 World Cup, and 2022 Winter Olympics.

It is strange times indeed when I find myself agreeing with old-line think tanks like the Brookings Institution, which was the publisher of this book. Granted, old-line political thought is considered fairly radical by anyone listening to Fox News in this day because of GOD, GUNS, GAYS…whatever.  Policy ideas like not spending public dollars to finance private development is just good sense given the paucity of public funds available.

 

Note: I borrowed this book from the University of Iowa Library system and receive no compensation if you choose to buy this book via the link above.

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Friday Linkage 4/21/2017

Jason Chaffetz chooses not to run in 2018.  John Ossoff almost pulled it off in deep red Georgia.  Damn. Things might actually be looking up.

Oh wait, Trump is talking tough about North Korea.  Mike Pence is talking tough about North Korea.  Is it time for the tail to wag the dog and our lunatic politicians to wrap themselves in the flag before starting a war.  Worked for W.  Too bad it did not work out for the country.

On to the links…

The United States of Work—Read this entire article before commenting or dashing off a response email.  Think about its implications.  Our private employers have become a de facto parallel state to the federal government.

7 Reasons Why Today’s Left Should be Optimistic—I have hope because when you actually ask people if they support things like single payer healthcare, social security, worker protections, etc. the support is overwhelming.  We just need to translate that support into votes.  Ahh, the easy stuff.

6 Ways Trump’s Administration Could Literally Make America More Toxic—Our vigilance is required more than ever.  Plus, we have the opportunity to hit members of Congress with the reality that they have supported an administration that has made the air and water we depend on for life more toxic.  Defend that in front of the people.

6 Times Trump’s EPA Head did Exactly what Industry Told Him To—Scott Pruitt is the fossil fuel industry’s meat puppet.  He does what they want and that has allowed him to rise to his current position.  He is not an original thinker or a policy professional.  He is a shill for fossil fuels.

The 3 Stages of a Country Embracing Renewable Energy—I’ve got a number thing going on this week.  It’s a little bit too much like Harvard writing, but the idea is important.  What the world will look like as countries enter into the third stage of renewable energy development will be critical to our future on this planet.

Climate’s New Best Friend—Get used to the term “stranded assets.”  Basically, oil companies made plans to develop fossil fuel sources when prices were high.  Now that oil is under $60 a barrel these projects are no longer cost competitive.  Hence, stranded assets.

Europe’s Coal Power Is Going up in Smoke – Fast—The death spiral is real in Europe.

Ice Energy & NRG Announce World’s Largest Ice Bear Energy Storage Deployment—Shifting peak electricity demand is a huge component of making our grid greener as the prime hours of solar production are just short of the peak demand from residential users.  Plus, the wind blows hard at night when no one is using electricity.  This is a low tech, established solution to shift demand to other times of the day.

Walmart Secures 40 MWh of Energy Storage for Southern California Stores—Big box stores are a prime location for energy storage.  Why?  Land, lots of land, parking lots, and a need to make sure that the freezers stay cold so they do not lose thousands of dollars’ worth of frozen pizzas in a power outage.  Helping to balance the demand load is a nice little side benefit.

Here’s What Our Food Might Look Like in a Climate Change-Induced Dystopia—Top Chef Hunger Games this is not.

Tokyo’s Skyline Set to See 45 New Skyscrapers by 2020 Olympics—When people tell me that we cannot quickly add buildings to our urban landscape for housing I wonder what they would say about Tokyo?

One Key Way Soggy California Could Save Water for the Next Dry Spell—California may be out of the worst of its recent drought, but the state is essentially on a roller coaster of moisture and has been for thousands of years.  Preparing the landscape for the next cycle is critical.

Why Shopping Should be a Last Resort—We should all have a copy of this taped to the door of our refrigerators at home:

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