More From Dennis Coates

Dennis Coates, president of the North American Association of Sports Economists, has posted his take on yesterday's Baltimore Sun article. If you recall, he wrote an Op/Ed piece about the proposed new arena for the Sun this past August.

Mr. Coates finds that arena "consulting firms effectively assume that workers on these projects would have been unemployed if not for building the sports venue" and that "if the unemployment rolls continues growing, businesses unable to borrow to finance new projects, and real investment falling ... the possibility of building it dries up." It sounds like Mr. Coates thinks the arena has a shot at getting built before the economy gets really bad.