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sports economics

A Category Archive (13 entries)

Economics Everywhere Even in Sports

sports economics
David Henderson
Early February in even years not divisible by 4 is one of my favorite times. First, the AT&T golf tournament is here and, although I'm not a big fan of golf (cue Mark Twain), I get to see gorgeous... MORE

by Sarah Skwire Both economists and writers, then, are drawn to baseball by its rich complexities, and by the sense that this game, somehow, is bigger than us, yet also tells us something about what it means to be human... MORE

Rio Reality Check

Economic Education
Amy Willis
My family has been enjoying watching the Olympics over the past couple of weeks. The spectacle of sport can be inspirational. (And with a young swimmer in the house, we are ALL about Katie Ledecky and Michael Phelps.) If... MORE

Decisions and Outcomes

sports economics
David Henderson
UPDATE BELOW In yesterday's post in which I applied the Third Pillar of Economic Wisdom to some decisions made near the end of the Superbowl game, I didn't challenge the conventional wisdom that say that Seahawks coach Pete Carroll made... MORE

Seattle Seahawks' Many Margins

sports economics
David Henderson
Pillar #3. Economic thinking is thinking on the margin. If you think that the tools of economics don't apply to yesterday's exciting Superbowl, then you're mistaken. Consider one of the last plays, the one all the commentators were talking about... MORE

There is currently controversy in Alabama about whether the University of Alabama-Birmingham (UAB) should drop its football program. Suffice it to say UAB hasn't had the success enjoyed by traditional powerhouses like Alabama and Auburn. Via Twitter, my colleague Darin... MORE

Matt Yglesias has a post suggesting that if the NBA were "any normal industry" it would not be able to get away with collusive schemes like the NBA draft. For those who don't follow American sports, the new players entering... MORE

On Bastiat and the Edifice Complex

Central Planning vs. Local Knowledge
Art Carden
Last week, I asked my principles of macro students to do the following: Evaluate this argument in light of Frederic Bastiat's essay "What is Seen, and What is Not Seen." You may use the assigned readings and videos, but you... MORE

The Economics of the Olympics

Economic History
David Henderson
There's a widespread view that holding the Olympics must be a money-losing proposition. One of our frequent commenters, Tom West, expressed that view recently. That view is understandable because losing money has been the norm. When the Olympics were held... MORE

My wife and I are basketball fans, in particular, fans of the home team, the Golden State Warrriors. OK, get over all the laughs and derisive sneers: I'm about to make an important point. We've been following news about whether... MORE

Moneyball and Randomness

sports economics
David Henderson
Earlier this year, I posted about sports and randomness. I noted that many people fail to account for the role of randomness in sports. I also noted that Billy Beane, the general manager of the Oakland A's, gets randomness and... MORE

Lebron and State Taxes

David Henderson
I was going to write on the tax advantage to LeBron James in going to income-tax-free Florida until I started to research it and see that, earlier today, Aaron Merchak at the Tax Foundation beat me to it. He did... MORE

Are Soccer Fans Socialist?

sports economics
Arnold Kling
My complaint about soccer rules creating too much room for luck drew many comments. People can argue that I am a philistine who does not appreciate the beauty of the sport, and that is fine. The only sport I claim... MORE

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