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 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 KinsleyIf hypocrisy is the tribute vice pays to virtue, piousness is virtue paying tribute to itself.
Michael KinsleyIs there any other democracy where the voters are as spoiled as they are in the United States? Especially, of course, in certain states, such as Iowa and New Hampshire, where the old joke is literally true about the citizens who say they haven't yet formed an opinion about a candidate because they've only met the fellow a few times.
Michael Kinsley