Ohio University economics professor Richard Vedder finds some parallels between ancient Rome and modern America in this post.
Much of his post is devoted to our penchant for spending on our equivalent of the Roman circuses, namely college sports. What he has to say about the high cost of his school’s football team (which got clobbered in a very minor bowl game) has relevance for North Carolinians, what with the looming prospect of football at UNCC. Spending other people’s money is easy and so much fun.
