The Economics of Sports

[Chris]

I don't follow sports so much, though Billy Bean's "Money Ball" methods are intriguing economically. But to the topic, I caught this flipping though channels and was surprised at Steve Young's level of economic understanding of the game.


http://www.youtube.com/watch?v=fdW36gWDFu0

[Cigar]

Yea ... people are more willing to give Football Referees more money for working a few days a year than their own Kids Teachers.

Brilliant

[Chris]

And that had what to do with what Young said or the recent rise in the price of turnips? :dang: