Tag: rent seeking in the olympics

Why Brazil Gets to Host the Olympics Despite Its Financial Problems

August 10, 2016 | Post

Much could be and has been written about the problems facing the Summer Olympic Games in Rio thanks to polluted water venues, substandard housing for athletes, Zika, crime, transportation, and Brazil’s overall financial problems. Beyond and behind these headlines, though, lay fundamental (and interesting) issues of political economy. The Olympic Games are costly, with large […]