http://www.fortheloveofbaseball.com/baseball-economist/
How does Peter Angelos manage to turn such a decent profit off the Orioles in spite of low attendance?
For those of you who know baseball economics — why are the Orioles still raking in 170 mil in revenue (per Forbes) and also posting an EXTREMELY respectable operating income of almost 20 mil (per Forbes)?
I don’t get it. I’m no economist, but shouldn’t a terrible team lose money for a plethora of reasons? The fans have basically stopped coming to Camden Yards. I’m guessing that impacts their revenues due to food sales and ticket sales being lower. There’s been an outrage at the Orioles for a few years now so I’m guessing people aren’t knocking down souvenir shops to buy memorabilia, at least as much as in the past. Many companies have stopped purchasing corporate seats and sky boxes due to no clients wanting to go to watch such losers.
So my question remains: Am I living in a Twilight Zone or how can the Orioles be a successful business when the product sucks and no one is buying it? How in the world does Major League Baseball operate, anyway? It’s crazy isn’t it?
Revenue sharing.
Studs Terkel & Marvin Miller: History of the Past 50 Years – Part 2 (1995)
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Charlie Rose featuring Joseph Stiglitz; Jason Giambi; Courtney Ross Holst (January 1, 2002) $24.95 Nobel laureate economist Joseph Stiglitz of Columbia University discusses his career and theory of asymmetrical information. Then, the new first baseman of the New York Yankees, Jason Giambi, speaks about signing a seven-year agreement with the team and his World Series ambitions. Finally, Courtney Ross Holst, founder of The Ross School, discusses education reform.This product is manufactured on… |
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Off Duty Economist Funny Baseball Jersey by CafePress You work as an economist. But right now you’re off duty. On vacation. It’s the weekend. YOUR DAY OFF… |
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Hot Stove Economics: Understanding Baseball’s Second Season $18.77 The final out of the World Series marks the beginning of baseball’s second season, when teams court free agents and orchestrate trades with the hope of building a championship contender. The real and anticipated transactions generate excitement among fans who discuss the merit of moves in the arena informally known as the âhot stove league.â In Hot Stove Economics, economist J.C. Bradbur… |
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The Economics of Life: From Baseball to Affirmative Action to Immigration, How Real-World Issues Affect Our Everyday Life $3.36 From economics Nobel Laureate Gary Becker and historian Guity Nashat Becker comes this collection of the economist’s popular BusinessWeek columns. These 138 essays have fueled numerous debates, touching on hot-button issues from crime to organization of sports. The Beckers’ surprising–and uncompromising–positions on drugs (“legalize them”), immigration (“auction off immigration slots”), welfare … |
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Baseball Economist: The Real Game Exposed $10.49 Freakonomics meets Moneyball in this provocative exposé of baseballs most fiercely debated controversies and some of its oldest, most dearly held myths Providing far more than a mere collection of numbers, economics professor and popular blogger J.C. Bradbury, shines the light of his economic thinking on baseball, exposing the power of tradeoffs, competition, and incentives. Utilizing his own sabernomic approach, Bradbury dissects baseball topics such as: * Did steroids have nothing to do with the recent homerun records? Incredibly, Bradburys research reveals steroids probably had little impact. * Which players are ridiculously overvalued? Bradbury lists all players by team with their revenue value to the team listed in dollarsincluding a dishonor role of those players with negative valuesupdated in paperback to include the 2007 season. * Does it help to lobby for balls and strikes? Statistics alone arent enough anymore. This is a refreshing, lucid, and powerful read for fans, fantasy buffs, and playersas well as coaches at all levelswho want to know what is really happening on the field.Freakonomics meets Moneyball in this provocative exposé of baseballs most fiercely debated controversies and some of its oldest, most dearly held myths Providing far more than a mere collection of numbers, economics professor and popular blogger J.C. Bradbury, shines the light of his economic thinking on baseball, exposing the power of tradeoffs, competition, and incentives. Utilizing his own sabernomic approach, Bradbury dissects baseball topics such as: * Did steroids have nothing to do with the recent homerun records? Incredibly, Bradburys research reveals steroids probably had little impact. * Which players are ridiculously overvalued? Bradbury lists all players by team with their revenue value to the team listed in dollarsincluding a dishonor role of those players with negative valuesupdated in paperback to include the 2007 season. * Does it help to lobby for balls and strikes? Statistics alone arent enough anymore. This is a refreshing, lucid, and powerful read for fans, fantasy buffs, and playersas well as coaches at all levelswho want to know what is really happening on the field. |
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The Baseball Economist: The Real Game Exposed $12.99 Freakonomics meets Moneyball in this provocative exposé of baseball"s most fiercely debated controversies and some of its oldest most dearly held myths Providing far more than a mere collection of numbers economics professor and popular blogger J.C. Bradbury shines the light of his economic thinking on baseball exposing the power of tradeoffs competition and incentives. Utilizing his own "sabernomic" approach Bradbury dissects baseball topics such as: * Did steroids have nothing to do with the recent homerun records? Incredibly Bradbury"s research reveals steroids probably had little impact. * Which players are ridiculously overvalued? Bradbury lists all players by team with their revenue value to the team listed in dollars-including a dishonor role of those players with negative values-updated in paperback to include the 2007 season. * Does it help to lobby for balls and strikes? Statistics alone aren"t enough anymore. This is a refreshing lucid and powerful read for fans fantasy buffs and players-as well as coaches at all levels-who want to know what is really happening on the field.Freakonomics meets Moneyball in this provocative exposé of baseball"s most fiercely debated controversies and some of its oldest most dearly held myths Providing far more than a mere collection of numbers economics professor and popular blogger J.C. Bradbury shines the light of his economic thinking on baseball exposing the power of tradeoffs competition and incentives. Utilizing his own "sabernomic" approach Bradbury dissects baseball topics such as: * Did steroids have nothing to do with the recent homerun records? Incredibly Bradbury"s research reveals steroids probably had little impact. * Which players are ridiculously overvalued? Bradbury lists all players by team with their revenue value to the team listed in dollars-including a dishonor role of those players with negative values-updated in paperback to include the 2007 season. * Does it help to lobby for balls and strikes? Statistics alone aren"t enough anymore. This is a refreshing lucid and powerful read for fans fantasy buffs and players-as well as coaches at all levels-who want to know what is really happening on the field. |
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The Economist $40.94 No Synopsis Available |
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The Airport Economist $13.79 From Sydney to Singapore, Shanghai, Seoul, St Petersburg, Seattle, Sao Paulo, Santiago and back again, Tim Harcourt plays economic tour guide in this a witty and information rich guide examination of how Australian businesses are exploring and developing new markets for their wares. Did you know that Australia is helping Singapore 'be creative' to address its imbalance of ballet dancers to engineers and that there is a Transylvanian Cricket Club full of Aussies in Romania? Or that Israeli youngsters are crazy for Tim Tams and the French are buying Billabong board shorts in Bordeaux on Bastille Day? Well if you didn't, The Airport Economist is just for you. Join Tim Harcourt – the airport economist – as he travels the globe in chase of the whys and wherefores of Australian international business success and unravels the economic life of the many countries he visits. He talks to business leaders, entrepreneurs, workers, government officials, academics, farmers and even a celebrity or two to uncover the world of export beyond economic text books and financial spreadsheets. He even manages to interview Megan Gale in Milan, watch Sachin Tendulkar build an innings in Mumbai and dodge swarms of motorcycles in Asia's newest tiger, Vietnam, all for the sake of research, of course. With a clever turn of phrase, witty observations, and the grunt of supporting data, The Airport Economist proves that there is an export dimension to almost everything and that not all economics writing has to leave you high and dry. |
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The Undercover Economist $4.16 Who makes most money from the demand for cappuccinos early in the morning at Waterloo Station? Why is it impossible to get a foot on the property ladder? How does the Mafia make money from laundries when street gangs pushing drugs don"t? Who really benefits from immigration? How can China in just fifty years go from the world"s worst famine to one of the greatest economic revolutions of all time lifting a million people out of poverty a month? Looking at familiar situations in unfamiliar ways THE UNDERCOVER ECONOMIST is a fresh explanation of the fundamental principles of the modern economy illuminated by examples from the streets of London to the booming skyscrapers of Shanghai to the sleepy canals of Bruges. Leaving behind textbook jargon and equations Tim Harford will reveal the games of signals and negotiations contests of strength and battles of wit that drive not only the economy at large but the everyday choices we make.Who makes most money from the demand for cappuccinos early in the morning at Waterloo Station? Why is it impossible to get a foot on the property ladder? How does the Mafia make money from laundries when street gangs pushing drugs don"t? Who really benefits from immigration? How can China in just fifty years go from the world"s worst famine to one of the greatest economic revolutions of all time lifting a million people out of poverty a month? Looking at familiar situations in unfamiliar ways THE UNDERCOVER ECONOMIST is a fresh explanation of the fundamental principles of the modern economy illuminated by examples from the streets of London to the booming skyscrapers of Shanghai to the sleepy canals of Bruges. Leaving behind textbook jargon and equations Tim Harford will reveal the games of signals and negotiations contests of strength and battles of wit that drive not only the economy at large but the everyday choices we make. |
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The Irrational Economist $23.49 Of the twenty most costly catastrophes since 1970, more than half have occurred since 2001. Is this an omen of what the 21st century will be? How might we behave in this new, uncertain and more dangerous environment? Will our actions be rational or irrational? A select group of scholars, innovators, and Nobel Laureates was asked to address challenges to rational decision making both in our day-to-day life and in the face of catastrophic threats such as climate changes, natural disasters, technological hazards, and human malevolence. At the crossroads of decision sciences, behavioral and neuro-economics, psychology, management, insurance, and finance, their contributions aim to introduce readers to the latest thinking and discoveries. The Irrational Economist challenges the conventional wisdom about how to make the right decisions in the new era we have entered. It reveals a profound revolution in thinking as understood by some of the greatest minds in our day, and underscores the growing role and impact of economists and other social scientists as they guide our most important personal and societal decisions. |
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Freakonomics: A Rogue Economist Explores The Hidden Side Of Everything $10.09 Freakonomics: A Rogue Economist Explores The Hidden Side Of Everything |
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The Hollywood Economist $9.89 In a Freakonomics meets Hollywood saga, veteran investigative reporter Edward Jay Epstein goes undercover to explore Hollywood’s "invisible money machine," probing the dazzlingly complicated finances behind the hits and the flops, while he answers the surprisingly puzzling question: How do the studios make their money? Along the way we also learn much about star system and what makes the business tick: + What it costs to insure Nicole Kidman’s right knee … + How and why the studios harvest silver from old film prints … + Why stars do or don’t do their own stunts … + Why Arnold Schwarzenegger is considered a contract genius … + How Hollywood goes about doping outside investors and hedge fund managers … + Why Lara Croft: Tomb Raider is considered a "masterpiece" of financing … |
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The Armchair Economist: Economics & Everyday Life $4.99 Why does popcorn cost so much at the movies? When does it make sense not to recycle? Why are laws against polygamy detrimental to women? Steven Landsburg noted economist demystifies the economics of everyday behaviour in these witty and accessible essays. Professor Landsburg examines everything from taxes unemployment and illiteracy to the mating game the death penalty and environmentalism to solve the puzzling questions that occur in daily living. Both controversial and humourous The Armchair Economist is about the things that we find mysterious and why we find them mysterious and shows how the laws of economics can reveal themselves in surprising ways. Put your convictions to the test with the Armchair Economist. |
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The Happy Economist: Happiness For The Hard-Headed $14.49 A provocative look at an area few economists dare to tread, by Australia's most read economic commentator. Most economists are obsessed with financial and economic measures, but not Ross Gittins. In The Happy Economist he mounts a provocative and persuasive case for a different approach. He argues that happiness is our most important measure of economic success. Distilling the practical wisdom from all the recent scientific study of happiness by psychologists and economists, Ross claims that happiness isn't about maintaining a forced smile or a self-centred concern to maximise pleasure and minimise pain, but about living a satisfying life of endeavour, achievement and mutually rewarding relationships. Most of us are happy most of the time, but there is more we could do to increase our satisfaction. And a different approach by governments – with less emphasis on economic growth and efficiency, and more on preserving the planet and the social fabric – could add to 'national happiness'. The Happy Economist is a bold and insightful look at an area few economists dare to tread. It may even change your life. |
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