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→The Olympics and Economics 2012: new section
:::: In reply to HumanGeographer's good comments, I agree that concentration is required and that the sport is terrific exercise.--[[User:Aschlafly|Andy Schlafly]] 11:29, 16 July 2012 (EDT)
:::: In reply to HumanGeographer's good comments, I agree that concentration is required and that the sport is terrific exercise.--[[User:Aschlafly|Andy Schlafly]] 11:29, 16 July 2012 (EDT)
::::: Andy, soccer teams have 11 players (including goalie). So it would be 9% poor players. And considering that teams have won 10-on-11 after an early red card, it's not inconceivable. But in rowing, it would be impossible. That's where the "team sport" mantra comes from. [[User:Gregkochuconn|Gregkochuconn]] 15:05, 16 July 2012 (EDT)
::::: Andy, soccer teams have 11 players (including goalie). So it would be 9% poor players. And considering that teams have won 10-on-11 after an early red card, it's not inconceivable. But in rowing, it would be impossible. That's where the "team sport" mantra comes from. [[User:Gregkochuconn|Gregkochuconn]] 15:05, 16 July 2012 (EDT)
== The Olympics and Economics 2012 ==
[[Goldman Sachs]] has some thoughts on the matters discussed above: [http://www.goldmansachs.com/our-thinking/topics/global-economic-outlook/olympics-and-economics-.pdf pdf]
{{cquote|Britain has quite high per capita spending on elite sports for a western democracy. Sailing is a perfect example— boats are very costly. For equestrianism, you need a horse. For rowing, you need a boathouse, boats and oars. For track cycling, you don’t really have a chance without a wind tunnel, a velodrome. It’s different with running, where you just need a pair of shoes. There is a dramatic difference between sports that only a tiny group of countries can afford to invest in and the others.|||Matthew Syed, British journalist}}
They have a forecast for Gold and Total medals, too.
--[[User:AugustO|AugustO]] 05:50, 18 July 2012 (EDT)