Bloomberg Business of Sports
Bloomberg Business of Sports
Bloomberg
The Economic Gamble Behind Hosting the Olympics
44 minutes Posted Jul 16, 2021 at 3:52 pm.
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The Tokyo Olympics begin next week, under some unusual circumstances. The games have turned into a mostly TV event, as Japan grapples with rising Covid infections. Jason, Barr, and Lynch discuss the staggering numbers behind the Olympics, typically touted as a boon for countries that host them, with Smith College Economics Professor Andrew Zimbalist. He's the author of "Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup."

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