The Price Tag for the Summer Olympics is Outrageous. Why not Just Host the Games in the Same Place?

Rather than investing billions – often wastefully – in new host cities each cycle, it would be cheaper, more efficient, and environmentally responsible, to designate a fixed locale where the Summer Games, the most expensive Olympic event, could find a permanent home.

By Scott Salmon

RIO DE JANEIRO, BRAZIL - In this era of virtual reality, the four-yearly spectacle of the Summer Olympics may already be on the wane. Like World’s Fairs before it, the Games may gradually fail to galvanize global attention and fade from prominence.

But, as it stands, the Olympics face a more immediate threat: they have become prohibitively expensive to host.

Even as their budgets soared, every Olympics since 1960 has involved . . .

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