Bankrupt Detroit moves ahead with stadium

Highlighting and proving yet more useful future examples of how not to do economic development (WalterRussellMead). The evidence that publicly funded stadiums are a bad idea (Reason), is pretty universal (theAtlantic). And yet, they do so anyway. That they are moving ahead in already bankrupt Detroit on a half a billion dollar stadium, makes me think that Reason is right - Detroit won't get a chance at a second act.