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You are browsing in: labor
Capital-Labor Substitution in Production: Sports Writing Edition
Newspapers are in deep trouble. That has been clear for some time. It looks like things just got worse for sports writers. The Intelligent Information …
NFL Draft Trifecta
If Phil Miller’s Saturday post on the NFL draft is Day 1, and Brian Goff’s Monday post on the NFL draft is Day 2, let’s …
An Application of the Backwards Bending Supply Curve
The law of supply says that when the price of a good rises, all else equal, the quantity supplied of that good also rises. Applied …
The economic wisdom of Ray Lewis (updated)
No, the title is not a typo. In this interview for ESPN, Lewis claims that, “one of the consequences of a lost NFL season will …
NBA Locks Out Referees
Labor relations in professional sports are notoriously contentious. Nobody gets along. Players strike, owners lock out players, referees strike, owners lock out referees; it happens …
Free Agency Coming to the Australian Football League in 2012
The Australian Football League (AFL) and the Australian Football League Players’ Association (AFLPA) today announced agreement on the introduction of free agency to the AFL …
NFL Work Rules
The Baltimore Ravens work their players too hard according to the NFL Players’ Association. The Baltimore Sun reports today that the Ravens are not allowed …
Are Stadiums and Players Complements in Production?
Teams seeking public subsidies commonly claim that building a new stadium will improve the team’s revenue flow, allowing it to acquire more talent and improve …