Comments on: Benefits Of Hosting The FIFA World Cup Part II http://weakonomics.com/2010/07/14/benefits-of-hosting-the-fifa-world-cup-part-ii/ Everything That's Wrong With You And Your Money Wed, 08 Feb 2012 22:32:00 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: the weakonomist http://weakonomics.com/2010/07/14/benefits-of-hosting-the-fifa-world-cup-part-ii/comment-page-1/#comment-4426 the weakonomist Sat, 24 Jul 2010 03:34:13 +0000 http://weakonomics.com/?p=4583#comment-4426 Please see my guest posting policy. If you have a problem with the content take it up with the author. If you've got a problem with me, reference something I wrote. Even better, make a contribution the the conversation by providing such magical statistics that counters the promotions made by the host country. Then we all benefit and learn more, which is the point of this series. The weakest part of any sciences is a critic that adds no value to a conversation. Please see my guest posting policy. If you have a problem with the content take it up with the author. If you’ve got a problem with me, reference something I wrote. Even better, make a contribution the the conversation by providing such magical statistics that counters the promotions made by the host country. Then we all benefit and learn more, which is the point of this series. The weakest part of any sciences is a critic that adds no value to a conversation.

]]> By: Jonathan Willner http://weakonomics.com/2010/07/14/benefits-of-hosting-the-fifa-world-cup-part-ii/comment-page-1/#comment-4423 Jonathan Willner Fri, 23 Jul 2010 19:25:00 +0000 http://weakonomics.com/?p=4583#comment-4423 Weak economics. I am surprised that you would relay the "economics" of the World Cup as developed by those employed to promote them. Didn't you work on Wall Street? Don't you recognize a put up job when you see one? Apparently not. Net effects are what matter. Roughly $3 billion in cash spent. Did not generate a positive ROI from the hosting, directly. You rely on the usually marketing hype of branding. Ever eat a brand? MMMMM! Good! You may be very good at finance and IT, but you really should either get an education in economics or change the name. Really, it's misleading. PhD in Econ. Not from the best of universities, either. We did, however, learn about "opportunity cost" and a magic little thing called statistics. Weak economics. I am surprised that you would relay the “economics” of the World Cup as developed by those employed to promote them. Didn’t you work on Wall Street? Don’t you recognize a put up job when you see one? Apparently not.

Net effects are what matter. Roughly $3 billion in cash spent. Did not generate a positive ROI from the hosting, directly. You rely on the usually marketing hype of branding. Ever eat a brand? MMMMM! Good!

You may be very good at finance and IT, but you really should either get an education in economics or change the name. Really, it’s misleading.

PhD in Econ. Not from the best of universities, either. We did, however, learn about “opportunity cost” and a magic little thing called statistics.

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