He’s the economics professor who last summer insistently pointed out that, despite lies from the administration about it, MSU’s new stadium was hemorrhaging money. Continues to hemorrhage money.
Olsen took a lot of grief for this, but he continues swinging, especially in light of a state audit that reveals just how corruptly MSU has been run.
Now that MSU has a new president (wouldn’t want the old president in place anymore, to be held accountable for having fucked up the school), and a new, damning audit, the school tries to figure out what to do…
While MSU dithers, old Reed pops up again.
… Missouri State needs to find ways to better fund and operate the facility, said [the new president], who has formed a task force to look into this matter.
Olsen, who last year disputed a university claim that the arena was paying for itself, questioned the makeup of the committee, saying it consists of people who were part of the problem.
Olsen wants the university to be honest with JQH’s accounting.
As MSU digs deeper and deeper holes, Reed Olsen will be there, trying to tell it what to do to get out of the holes. MSU will certainly not listen.
May 30th, 2011 at 7:18AM
[…] sports fan, Bradbury successfully pushed for JHQ Arena, MSU’s new money-hemorrhage machine. Reed Olsen, an MSU economics professor, tried to explain to Bradley and MSU’s president and everybody that the arena would be a […]
March 27th, 2013 at 8:53AM
[…] a new stadium about whose profitability the university lied (details here and here and here and here and here and […]
June 12th, 2013 at 9:27AM
[…] relentlessly unmasks that university’s sports lies (background here). Like Reed Olsen at Missouri State University, Killingsworth is part of a special breed of university professor: A smart economist able to detect […]