All Posts Tagged With: "Baseball"

The Boston Red Sox and Bad Baseball Economics

If you don’t understand the law of supply and demand, you may end up promoting the very outcome you want to avoid.

1Feb2012 | Aaron Gordon | 4 comments | Continued

Of Fallible Umpires and Rogue Judges

There is a striking similarity between blown calls by umpires in baseball and blown calls by judges in our legal system. We now know, unambiguously, that umpires make mistakes—sometimes excruciatingly costly ones. According to baseball purists, those mistakes “are part of the game.” Yet there is a rising chorus of calls for Major League Baseball to [...]

22Oct2010 | David N. Laband | 1 comment | Continued

On Baseball and Capital Markets

Donald F. Grunewald is an attorney. Baseball is a game of rules. These rules are not excessively complex for the simple reason that overregulation and overspecification would hamper the enjoyment of the game. How so? Consider the placement of the defensive players. Other than the pitcher and catcher, who must stand at particular locations while [...]

1Jul2008 | Donald F. Grunewald | 1 comment | Continued

The Costs of Segregation to the Detroit Tigers

Many people know the remarkable and inspiring story of Jackie Robinson and how he endured racial insults to integrate major league baseball in 1947. In Robinson’s first year alone he won the rookie-of-the-year award and led his Brooklyn Dodgers to the National League pennant. But Robinson was only part of the integration story. What about [...]

1Dec2003 | Burton W. Folsom Jr. | 1 comment | Continued

Much More Than Meets the Eye

Last October I watched a few telecasts of the Major League baseball playoffs. I noticed the Atlanta Braves’s all-star pitcher Greg Maddux and asked myself: “What makes this guy so special?” I studied his pitching motion. “It looks like something I could do with a bit of practice. Why am I not making millions of [...]

1Feb1998 | Donald J. Boudreaux | 1 comment | Continued

As Frank Chodorov Sees It

On the thirty-eighth anniversary of the Bolshevik revolution, Mr. Lazar M. Kagonovich, spokesman for the Soviet regime, declared that “the twentieth century is the century of triumph of socialism and communism.” The gentleman implied, as a true Marxist should, that by the year 2000 A.D. the star of Moscow will direct the pattern of life [...]

1Jan1956 | Frank Chodorov | 0 comments | Continued

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