Greek Folly - Olympic stadiums' uncertain future

I commented at the time about the colossal waste of money involved when governments get involved in "prestige" projects like the Olympic Games. Well, the chickens are coming home to roost for the poor Greek taxpayers. Read it and weep.

Brings to mind another thought. A whole pseudo-science of "cost benefit analysis" has grown up in part to justify white elephant projects like this. It's all nonsense, of course. The only real test of a project is to leave it to private enterprise. Then you'll know if the "benefits" are real or illusory. You can't fudge cold, hard cash.