Posted
8:51 AM
by Gene
Economists fantasizing:In a 2002 paper written for the Federal Reserve Bank of Philadelphia, for instance, economists Gerald Carlino and N. Edward Coulson found that people are willing to accept a 2 percent decrease in wages-and an 8 percent increase in rents-to have a National Football League team in their city.NO TAXATION WITHOUT REPRESENTATION!
(Via ArtsJournal.com)