Archive

Do the Olympics Boost the Economy? Studies Show the Impact is Likely Negative

Running on Empty

Politicians claim the Games help the economy and create a tourism boom. But Mark Perryman, author of Why the Olympics Aren’t Good for Us and How They Can Be, busts the myth of economic regeneration.

articles/2012/07/30/do-the-olympics-boost-the-economy-studies-show-the-impact-is-likely-negative/olympics-economy-perryman_fitdie
Ryan Pierse / Getty Images

Got a tip? Send it to The Daily Beast here.