Author: John Wihbey

Olympics and their economic impact: Updated research roundup

The Olympics are about competition and heroics and national pride. But they are also about big business. Host cities invest deeply in the games — the Sochi Winter Olympics, for example, cost over $50 billion — with the hope of reaping sizable gains for the local and national economy through tourism, marketing and other means. So what have we learned about hosting the Olympics and the...