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No one wants to host the Olympics anymore — will they go away?





It’s no secret that it’s a pricey pain to host the Olympic Games, running billions of dollars above the estimated budget. As the International Olympic Committee receives fewer bids with each problematic games, the future of the tradition is looking unsure. We spoke with Smith College Professor of Economics Andrew Zimbalist on the matter. He should know, he’s written about the Olympic issues in Circus Maximus, No Boston Olympics, and Rio 2016.

The following is a transcription of the video.

Ah, the Olympics. The glory of our best athletes competing for greatness in shiny new stadiums before viewers read more >>>

Source:: BusinessInsider.Com

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