Stadium Subsidies Are Unfathomably Stupid
The Political Orphanage
Andrew Heaton
4.9 • 1000 Ratings
🗓️ 1 December 2021
⏱️ 87 minutes
🧾️ Download transcript
Summary
John Mozena is an expert on crony capitalism, better known as "economic development subsidies." He is the President of the Center for Economic Accountability, and joins to discuss the abysmal economics of throwing money at corporations to attract them to states and towns.
Reason TV's Amazon HQ: https://www.youtube.com/watch?v=H_eG7leM6ew
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Transcript
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| 0:00.0 | Hello and welcome to the political orphanage, a home for pluckyisfits and Problem Solvers. |
| 0:13.0 | I'm your host Andrew Heaton. |
| 0:15.0 | And this is one of those episodes that's going to make my blood pressure creep up to dubious levels |
| 0:21.0 | because we're going to discuss crony capitalism, corporate handouts disguised as economic development. |
| 0:29.0 | The difference between centralized planning and essential government services, between that of sidewalk |
| 0:34.6 | socialism and or corporate welfare and the multiplier effect. |
| 0:39.8 | And eventually, stadium subsidies, my old nemesis. |
| 0:46.2 | We meet again stadiums paid for using my money. |
| 0:49.8 | Alas, I can't billk taxpayers to fund this show. |
| 0:56.7 | I'm afraid we political orphans have to pay for it ourselves, which we do, via Patreon. You can become an elite senior orphan by going to Patreon.com |
| 1:06.0 | slash Andrew Heaton. |
| 1:07.0 | You'll not only get weekly bonus episodes, |
| 1:09.0 | you'll also be saying, |
| 1:11.0 | I'm the sort of person who funds good stuff myself instead of bribing a |
| 1:14.6 | sleazy politician to tax other people who do it for me and I believe in you. |
| 1:19.1 | So go to Patreon.com and Andrew Heaton. |
| 1:23.2 | Thanks. |
| 1:26.7 | My guest today is John Mosina. |
| 1:28.6 | He is the president of the Center for Economic Accountability. |
| 1:31.8 | And we are going to talk about economic development |
| 1:35.2 | subsidies but more specifically I want to talk to him about crony capitalism |
| 1:38.8 | because I think economic development subsidies is a very technical term that does give some wiggle room to people |
... |
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