Currently browsing author

Dave

The World Cup and Economics

The United States – who entered the World Cup with supposedly the fifth best team in the world – has been eliminated from the World Cup.  Once again the United States has failed to find much success in the world’s most popular sport.  How can it be that a nation …

Is Wade the Next Jordan?

After Wade averaged nearly 35 points and 8 boards in the NBA Finals the media has now crowned him the “next Jordan.”  Unlike the previous “next Jordans” – Grant Hill, Jerry Stackhouse, Vince Carter, etc. – this “next Jordan” has now clearly led his team to an NBA Championship.  So is …

Four Thoughts on Game Five

1.            Half a Hero is better than None At the end of Game Five Dwyane Wade was a hero.  If all you saw was the first half, though, that is not the story you’d tell.  At the half the Mavericks led 51-43.  Miami was definitely in trouble, since a loss …

Joga Bonito

In an earlier post I noted that baseball and golf were probably my two favorite sports.  But for pure excitement and intrigue I must admit that there exists no greater month of sports for me than Fifa’s World Cup.  Maybe because it comes around only once every four years.  Maybe …

The Law of One Price

Once upon a time I studied international trade.  In fact, my dissertation with Terry Ozawa at Colorado State consisted of an examination of trade flows between Asia and the United States.  Although I have spent much of my career researching the economics of sports, I still remember a bit of …

Yglesias and the Least Valuable MVP

On June 7 Matthew Yglesias wrote a column for Slate.com, boldly entitled “Least Valuable MVP” where he made the following argument: “The conventional wisdom says that great players in general, and Nash in particular, make their teammates better. But in the case of the Mavericks, Nash made Nowitzki—the team's best …