Olympics Loser Boston Wins Big Economically
Science Talk
Scientific American
4.2 • 644 Ratings
🗓️ 6 August 2015
⏱️ 36 minutes
🧾️ Download transcript
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| 0:00.0 | There are some things you should always check, like the hygiene rating on your local takeaway, |
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| 0:30.7 | Welcome to Scientific Americans Science Talk posted on August 6, 2015. I'm Steve Murski. For the last couple of years, some interested |
| 0:40.0 | parties in Boston have been trying to get their city to host the 2024 Summer Olympics. Mayor |
| 0:45.8 | Marty Walsh was among them. But on July 27th, the mayor suddenly reversed course. He refused to sign |
| 0:52.7 | an agreement committing the city to basically cover any |
| 0:55.6 | funding for the Olympics that did not come through from other sources. His action basically |
| 1:00.8 | ends the Boston bid. Andrew Zimbalist is an economist at Smith College in Massachusetts, |
| 1:07.4 | specializing in sports. On February 5th, I went to the Bergino Baseball Clubhouse on East 11th Street here in New York City |
| 1:14.8 | to hear Zimbolist talk with clubhouse proprietor Jay Goldberg about why it's almost always a financial |
| 1:21.3 | hardship for a city to host the games. |
| 1:24.2 | That subject is treated at length in Zimbolist's latest book, Circus Maximus, the economic |
| 1:30.3 | gamble behind hosting the Olympics in the World Cup. |
| 1:33.4 | So as you listen, keep in mind that the Boston bid was still in play when this audio |
| 1:37.6 | was recorded. |
| 1:39.0 | I apologize for the noises coming from the chairs the two gentlemen were sitting on every |
| 1:43.9 | time they shifted their weight, |
| 1:45.3 | but I trust the content of this edited conversation will more than make up for the unfortunate sounds. |
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