The DH and Broken Windows Fallacy
Frederic Bastiat’s broken windows fallacy: if a window maker breaks windows to increase business, he certainly benefits (if he doesn’t get busted, of course). But …
Losing to Win in the NBA in 2006
One of the best recent articles written in the field of sports economics was “Losing to Win: Tournament Incentives in the National Basketball Association.” by …
Bethpage, The Rest of the Story
The mainstream media, much of it east-coast centered such as Connecticut-based ESPN, droned on and on about how great venue Bethpage is — “muni,” “bringing …
Freakonomics vs. Moneyball
On page 10 of the October 2nd issue of Business Week is a brief article by Peter Coy (not available online) entitled “Freakonomics vs. Moneyball.” …
What is a sport? / What is sports economics?
The last night of the Western Economic Association meetings a group of a dozen sports economists, their spouses, and their children went to dinner together …
Are Athletic Departments like Wells Fargo?
Inside Higher Ed ran an article titled “Beyond ‘Bad Apples‘.” In the article John V. Lombardi, who is currently a Professor of History and Associate …
Stadium finance and the auction-rate market
The last month or so has seen some dramatic changes in the auction-rate bond market. This is a market in which some recent stadium and …
I Gotta Pick the Pats
I agree with Mitch Albom here. The Pats have just completely shut down the number one offense, they shredded the number one defense, and are …
Canadian Style Stadium Financing
Phil Miller mentioned in passing the new $400 million arena proposal floating around Quebec City these days. Never mind that building a new arena without …
Stanford May Cut Back in Athletics
From the AP (via a Sports Blog twitter) Stanford’s athletic department is projecting a $5 million loss in revenue over the next three years and …