"The dubious nature of municipal stadium subsidies"

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Tom Kirkendall highlights an op-ed that goes along nicely with the current debate on the Dynamo’s desire for a soccer stadium that is majority city-funded. An excerpt:

Clearly, stadiums built with public funds have evolved over time. No longer are they built to honor the sacrifices of American soldiers. No longer are they built to be flexible venues capable of hosting a great variety of events. And no longer does the public sector determine the appropriate price to charge private enterprise for use of this publicly supplied resource. Today, sports stadiums are largely the private domain of for-profit businesses that the public sector subsidizes, often with special taxes.

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Anne Linehan is a co-founder of blogHOUSTON.