All Posts Tagged With: "athlete salaries"
Athletes’ Salaries Too High? Sports Fans, Blame Yourselves
Gene Callahan is the author of Economics for Real People. I was sitting in a sports bar recently when the bartender and three of the patrons near me began discussing the salary of New York Yankee third-baseman Alex Rodriguez. (Rodriguez currently makes roughly $25 million per season.) One of the customers said it was absurd [...]
1Jul2007 | Gene Callahan | 56 comments | ContinuedIn Praise of Athletes’ High Salaries
While teaching in public schools many years ago, I found that almost all teachers believed they were underpaid and underappreciated. Things probably have not changed. My colleagues expressed their sentiments by hanging a newspaper editorial on a bulletin board in the teachers’ lounge that condemned the high salaries of professional athletes. “Americans do not value [...]
1Aug2000 | William L. Anderson | 32 comments | ContinuedThe Economic Woes of Pro Sports: Greed or Government?
Mr. Keating is chief economist with the Washington, D.C.-based Small Business Survival Foundation. Beyond labor strife, two issues particularly annoy pro sports fans today—exorbitant player salaries and city-hopping by teams. Player salaries that seem wildly out of kilter have been bothersome for some time. For example, the average Major League Baseball player reportedly earned $1.2 [...]
1Jan1997 | Raymond J. Keating | 0 comments | ContinuedSuperstar Athletes Provide Economics Lessons
Mr. Billingsley is a journalism fellow at the Los Angeles-based Center for the Study of Popular Culture. What do former San Francisco 49ers quarterback Joe Montana, L.A. Raiders running back Bo Jackson, and San Diego Chargers quarterback Dan Fouts have in common? All three are former National Football League stars and all three are multimillionaires—not [...]
1Jan1997 | K. L. Billingsley | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
