A Few Words about the Late Ronald Coase and Sports
The Nobel laureate economist Ronald Coase died last Monday at age 102. Coase’s important contribution to economics was in showing the importance of transactions costs …
Phil Miller
Keep Those Subsidies Flowing
The stadium game refers to the prisoners’ dilemma-type game played by cities in their quest to attract/keep sports teams, a subject frequently touched on here …
More on Using the Airline Model of Pricing to Price Tickets
Matt Phillips at a Wall Street Journal blog called “Middle Seat Terminal” takes up this TSE post on the San Francisco Giants using the airline …
Twins Officials Acknowledge Lack of Economic Boost from Stadiums
The main players in the Minnesota Twins’ bid to get public funding for a new stadium have dropped the economic impact argument. They acknowledge what …
Arena Football League: Off Again, On Again, Off Again
Change that. It looks like the Arena Football League will cancel the upcoming season. “Every owner in the AFL is strongly committed to the league, …
What’s Blocking a D1 Playoff?
Earlier I wrote that there is likely to be no playoff in D1 football for two reasons: There are too many schools in D1 Too …
Team Finances and Arbitration
Baseball teams (and most professional sports teams) take measures to keep their financial condition secret. The rules that govern baseball’s arbitration system, defined in Article …
The Immortal Debt of Some “Public” Stadiums
I had planned to post on this article by Ken Belson of the New York Times, but ol’ Quick Trigger (Skip) beat me to the …
A Dadgummed Good Donut
From Joe Walljasper of the Columbia Daily Tribune: I have never heard of the maple bar, but I can only imagine its deliciousness. It is …
Cupcakes Anyone?
The following is to be said like Ben Stein’s character in Ferris Bueller’s Day Off – the droning, monotone economics professor speaking to a class …