https://www.fieldofschemes.com/2020/02/18/15793/the-wile-e-coyote-of-stadium-consulting-takes-on-brewers-stadium-gets-crushed-by-anvil/
“I refer to [CSL’s] approach as a ‘benefits-only analysis’ because it’s fundamentally one-sided; it never counts the negative economic impact of the taxes needed to fund the subsidy in the first place. And, unsurprisingly, it’s pretty easy to make arguments in favor of an idea if you ignore the cost,” said Dr. Michael Farren, a Research Fellow at the Mercatus Center at George Mason University. “At the end of the day, peer-reviewed academic research consistently finds that subsidies, especially stadium subsidies, don’t work very well to create economic development, and may even reduce it in the long-run.”