It goes something like this:• World capital city floats idea of an Olympic bid. These days, it is becoming increasingly hard to find cities that actually want to host the Games. Photo: Associated PressBach has said that the IOC needs to do a better job of touting all the benefits that an Olympic Games brings to a city and a region. The numbers associated with the Games aren’t pretty, even accounting for the infrastructure improvements that remain long after the Games are over. In recent years, economists began to float the cost-efficient idea that the IOC should choose four or five permanent Olympic cities and rotate the Games through them every 20 years.

Source: Wall Street Journal September 21, 2016 23:12 UTC