332 Proposed New Mexico United Stadium – Michael Farren of Mercatus Center

On this week’s interview Paul talks to Michael Farren, he is a Research Fellow with the free-market Mercatus Center a think tank based in the Washington, DC area. Michael and Paul discuss the proposed New Mexico United Stadium and what makes this particular deal especially egregious even among stadium deals.

Here is an article Michael wrote about a similar soccer stadium deal in Iowa that is referenced in the conversation.

Farren has done a great deal of research on public financing of stadiums and broader issues of “corporate welfare.” Michael has recommended an “interstate compact” model for reducing such subsidies.