Tuesday, September 24, 2013

Assorted Links

2.  Remembering Obama for being an opportunistic Senator.  As president he advocates the "do as I say, not as I do" approach.  Especially when dealing with the debt ceiling.

3.  A really nice letter about economic impact studies on events hosted by cities.

One of the major issues is that the standard method to measure economic impact analysis is problematic. It only accounts for the additional money brought into the community without taking into account the costs and crowding out effects created by the event.
As such, a standard economic impact analysis will always be positive. In contrast, a cost-benefit analysis is founded on the principles of welfare economics.

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