Government-owned convention centers tend to lose money, and they fall far short of meeting projected growth in nearby hotel business. The answer from convention center backers always involves spending more money — for a new hotel near the convention center, for an expanded convention center, or even for a new center.

Heywood Sanders, professor of public administration at the University of Texas at San Antonio, explained how that process has played out in Charlotte and Raleigh during a presentation for the John Locke Foundation’s Shaftesbury Society. In the video clip below, Sanders pans a projection that an expanded Raleigh convention center would see large-scale increases in business.

2:30 p.m. update: Click play below to watch the full 1:02:43 event.

You’ll find other John Locke Foundation video presentations here.