Football Stadium Economy

Guest: Roger Noll, Ph.D., Emeritus Professor of Economics at Stanford  The excitement starts well before game day. For decades, cities have been falling over themselves to attract an NFL team. Sealing the deal requires a state-of-the-art stadium, which taxpayers have long been asked to subsidize for the promise of major economic benefits. But on that score, Stanford economist Roger Noll says NFL stadiums fail to live up to the hype.