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Author Andrew Zimbalist looks beyond the headlines of two of the world’s most beloved sporting events: the Olympics and the World Cup.
In the expanded and updated edition of his bestselling book, Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup, Zimbalist tackles the bogus claim that the cities chosen to host these high-profile sporting events experience an economic windfall. He now takes aim at the outrageous FIFA scandal, Boston’s bid for the 2024 summer Olympics, and the criticism surrounding the 2015 Women's World Cup.
Circus Maximus focuses on major cities like London and Barcelona that have previously hosted these sporting events to provide context for cities like Tokyo and Rio de Janerio, which are currently bearing the weight of exploding expenses, corruption, and protests. Zimbalist offers a sobering look at the Olympics and the World Cup outside of the echo chamber.
- Sales Rank: #354536 in Books
- Brand: Zimbalist Andrew
- Published on: 2016-02-02
- Original language: English
- Number of items: 1
- Dimensions: 9.02" h x .51" w x 5.98" l, .0 pounds
- Binding: Paperback
- 224 pages
- Circus Maximus The Economic Gamble Behind Hosting the Olympics and the World Cup
Review
Even appropriately jaded readers are likely to be shocked by the evidence ...which reveals the magnitude of the deception that precedes these events and the disappointment that follows.”—The Economist
A remarkable study that exposes the extraordinary chicanery and dodgy dealing behind staging the Olympics and the World Cup
—The Guardian
Anyone in our broad metropolitan region who worries about the development binge that treats our unique area as a mega-mall for paving over, or who worries about the corrupting influence that commercialization has brought to all amateur sports should read this book.
—The Washington Times
A slim yet persuasive book that seeks to set out the "economic gamble behind hosting the Olympics and the World Cup." And it succeeds; indeed, it succeeds to such an extent that the reader can't help but wonder why on earth any vaguely sensible city or country would want to play any part in such an expensive business.
—SB Nation
“Circus Maximus’’ ought to be required reading for the city and state officials anxious to bring the Olympics to Boston.
—The Boston Globe
Pssst. Wanna buy a velodrome cheap? Andrew Zimbalist's penetrating examination of how the International Olympic Committee and FIFA have sweet-talked cities and nations into hosting their extravaganzas is absolutely devastating in its ugly detail.—Frank Deford, Author and Commentator
Sport analytics freaks and millennial's unite! Not to mention lovers of the Olympics and the World Cup. This is a book you will want to read in one sitting. And, speaking of relevance, you can learn major ideas from principles of micro and macroeconomics by reading this book. Anyone who wants to teach these subjects can use "Circus Maximus" alongside any textbook there by teaching very hot applications and making the experience more fun!
—Deborah A. Freund, PhD, Paul O'Neill-Alcoa Chair in Policy Analysis Senior Principal Researcher
About the Author
Andrew Zimbalist earned a B.A. from the University of Wisconsin at Madison and an M.A. and Ph.D. from Harvard University. He has been in the economics department at Smith College since 1974 and has been a visiting professor at Doshisha University, the University of Geneva, and Hamburg University. Zimbalist has consulted in Latin America for the United Nations Development Program, the U.S. Agency for International Development, and numerous companies. He has consulted in the sports industry for players' associations, cities, companies, teams, and leagues, and has published twenty-five books.
Most helpful customer reviews
7 of 7 people found the following review helpful.
Fantastic book about the troubling economics of the Olympic Games
By RVO
This is an extremely well written book that relentlessly and completely gives the lie to the oft-spoken idea that large sporting events like the Olympics and World Cup are economic gold mines for host cities or countries. Simply put, they aren't. But it's worse than that. Andrew Zimbalist uses facts, pertinent economic explanations, humor and irony to explain how host cities are nearly all left with economic disasters after the Olympics and World Cup leave town, taking most of the financial gain with them. The book showcases the sometimes insane euphoria, and big cash, that goes into bidding for world class sporting events with promises of increased tourism during the games that extends after the games, increased cache and economic preimenance that go along with hosting such events.
Zimbalist does a fantastic job of explaining that the Olympic Games don't even bring more tourists to a city while they are happening, let alone for years afterward. London actually had fewer tourists in the Summer of 2012. As for the supposed cache attached to host cities, this book explains it can all go bad if there is a terrorist attack, protests, or, as in Brazil, deaths associated with the construction of venues.
And the book showcases how the 'legacy' of hosting these events can often turn into a public relations nightmare when, like Athens and Beijing there are rotting stadiums that scar the landscape, or, like Sochi, you leave an impression of an infrastructure mess.
And for those cities who eagerly jump at the chance for a bid, they often cite the 1984 Olympic Games in LA (which turned a modest profit) and the 1992 Barcelona Games, (which excellerated that city's rise as a city of consequence), Zimbalist clearly why those two cities are singular events, not easily reproduced.
I love the Olympics. This book tells another side of the story beyond the athletic drama of the games. After reading this book, I hope my city never even bids for an Olympics.
2 of 2 people found the following review helpful.
Live in Boston? you need to read this book
By A. Willard
Liked the book, living in Boston it helped open my eyes to how bad hosting the Olympics can be, even on a good day. It had some significant sections that seemed to repeat. At some level it seemed like a solid long-form article for The Atlantic that got stretched into a book.
But I still tell everyone I know to read it. Boston 2024 will be a giant sink hole for money, not unlike the Big Dig.
0 of 0 people found the following review helpful.
Thanks but no thanks
By DTL
This is a very interesting book. It concerns the gamble that's taken by governments with the World Cup and the Olympic Games. It took Montreal thirty years before it paid off its debt from the Olympics. They aren't an investment but should rather be seen more as an expenditure for public approval. After all everybody loves a party until the bill arrives.
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