One answer is that the towns elected officials thought that the project served a public purpose and that the various subsidies and favors were worth the price. But they may or may not have thought this.
Michael KinsleyThe solution when you don't like someone's speech is not to silence that person, or that corporation. It's more and louder speech of your own.
Michael KinsleyAmong the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a hard science. It's not just putting on sandals and trekking out to take notes on some tribe.
Michael Kinsley