On The Monitor this week:
- The Super Bowl has been played and while the outcome on the field has been discussed by a lot of people the economic impact has not. Our first interview is with Neil deMause. We will talk about The Super Bowl Windfall Myth.
- Our second guest will be Chris Hedges. I’ve been meaning to get Chris on the show for a long time. He is one of the few people whose work I read on a consistent basis. He recently wrote an article about one of my favorite American historical figures – Malcolm X. That will be the starting point of our conversation.
More about this week’s guests:
His most recent piece is “The Super Bowl Windfall Myth” for FAIR, which states: “With Super Bowl Sunday approaching, expect plenty of media reports on the projected economic windfall for host city Glendale, Arizona. Last year, when the NFL announced that its big game would provide a $600 million boost to the New York/New Jersey economy, that figure promptly became a fixture in news coverage of the event (CNN, 1/24/14; Newsday, 1/22/14; FoxNews.com, 5/21/14). …
“Never mind that numerous economists have looked in vain for any evidence that Super Bowl host cities strike it rich. In one study, Holy Cross economist Victor Matheson (12/09) calculated that through 2001, the average increase in economic activity during each Super Bowl was about $30 million. Lake Forest College economist Robert Baade has found similar numbers, telling the Associated Press (1/27/14) that you could ‘move the decimal point one place to the left’ on the NFL’s claims and still have ‘a generous appraisal of what the Super Bowl generates.’
“And that’s economic activity, the total amount of money changing hands within city limits — not the amount that comes back to city coffers. When University of Maryland economist Dennis Coates (International Journal of Sport Finance, 2006) studied the 2004 Super Bowl, he found that added sales tax revenues in host Houston totaled about $5 million — well under the $30 million to $70 million that cities spend on increased police presence and other services for the game (USA Today, 1/25/15).
“Economists have provided similarly dismal results for other sporting events, with major sporting events failing to make a dent in everything from local sales tax receipts to per capita income. (One study of sports strikes and lockouts failed to find any measurable impact on local economies even when local teams shut down entirely.) The most likely explanation: Increased spending on sports is largely balanced by reduced spending on other entertainment options, and even new spending quickly leaks out of the local economy into the pockets of out-of-town sports leagues.”
Chris Hedges, whose column is published Mondays on Truthdig, has written twelve books, including the New York Times best seller “Days of Destruction, Days of Revolt” (2012), which he co-authored with the cartoonist Joe Sacco. Some of his other books include “Death of the Liberal Class” (2010), “Empire of Illusion: The End of Literacy and the Triumph of Spectacle” (2009), “I Don’t Believe in Atheists” (2008) and the best selling “American Fascists: The Christian Right and the War on America” (2008). His book “War Is a Force That Gives Us Meaning” (2003) was a finalist for the National Book Critics Circle Award for Nonfiction. In 2011, Nation Books published a collection of Hedges’ Truthdig columns called “The World As It Is: Dispatches on the Myth of Human Progress.”
Hedges previously spent nearly two decades as a foreign correspondent in Central America, the Middle East, Africa and the Balkans. He has reported from more than 50 countries and has worked for The Christian Science Monitor, National Public Radio, The Dallas Morning News and The New York Times, for which he was a foreign correspondent for 15 years.
Hedges was part of the team of reporters at The New York Times awarded a Pulitzer Prize in 2002 for the paper’s coverage of global terrorism. He also received the Amnesty International Global Award for Human Rights Journalism in 2002. The Los Angeles Press Club honored Hedges’ original columns in Truthdig by naming the author the Online Journalist of the Year in 2009 and again in 2011. The LAPC also granted him the Best Online Column award in 2010 for his Truthdig essay “One Day We’ll All Be Terrorists”.
Hedges is a senior fellow at The Nation Institute in New York City. He has taught at Columbia University, New York University, Princeton University and The University of Toronto. He currently teaches prisoners at a maximum-security prison in New Jersey.
The interview on The Monitor this week starts with a discussion of Chris’s recent article Malcolm X Was Right About America