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Dave

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 …

The Law of Diminishing Returns in the NBA

Very few ideas in economics rate the title “Law.” The idea of diminishing marginal returns is one of these. For those who did not take an introductory economics class in high school or college, or simply forgot the formal definition, here is what this law states: As one increases a …

Writing for the New York Times

Last Sunday I posted a list of items I would write about last week. The week has ended and it turns out I wrote, let me see… okay, none of these.  The week ended and I posted zero new items. I do have an excuse.  On Monday morning I received …

Michelle Wie, Moneyball, and Alan Greenspan

On Monday, Michelle Wie ultimately failed in her attempt to qualify for the 2006 United States Golf Association’s US Open.  This should allow golfers Vijay Singh and Greg Norman to sleep peacefully now that the integrity of the PGA has been maintained. I do not share the fears of Singh …