Are there economic benefits for hosting the Olympics?
Alexander Hammond quoted in The Sun
Mark Littlewood writes for The Times
Mark said: “As millions of us have cheered on our footballers, swimmers, runners and rowers this summer, we shouldn’t delude ourselves that this amounts to a major economic benefit to the economy. Great sporting events may lift our spirits and captivate us all, but in financial terms they are simply consumption decisions. Often they are very expensive consumption decisions. We should not delude ourselves that they are meaningful investments“.
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