In 1970 along with seventeen or so of my high school classmates, I headed off to Worcester Massachusetts to attend The College of The Holy Cross.

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Victor Matheson, an economist at the College of the Holy Cross in Worcester, Massachusetts, says the nation's most recent recession was the dot-com bust, which hit around March of 2001.

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"Unless you have local owners, there is no reason to expect that money to be spent in the local economy, " said Victor A. Matheson, an economist at the College of the Holy Cross in Worcester, Mass.

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Victor Matheson, an economics professor at the College of the Holy Cross, says suppression of player compensation in American college football has created an inverse situation to that of overseas professional soccer leagues, which invest in talent above all else.

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