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Baseball Stories

A Tribute to Barry Bonds and Other News

Last night, as my daughters were going to bed, I turned the TV to the Giants-Nationals game. When the TV went on Barry Bonds was at the plate. The very next pitch was deposited over the wall and history was made. Before this historic moment I was just about to …

Optimistic to a Fault

Frequent WoW Journal contributor, Steve Walters, wrote a fascinating column on optimism bias for the July 26 edition of the Baltimore Examiner. The column, entitled “Optimistic to a fault” can be accessed by clicking on the link. Or you can just keep reading. The Baltimore Examiner has graciously allowed us …

Rocket Science: Clemens and ‘Roids

Another brilliant comment from economist Steve Walters of Loyola College: I plead guilty to being uncharitably suspicious. Watching Roger Clemens go off on a young sportswriter after his last minor-league tune-up in Scranton, I wondered: “’roid rage?” The tantrum was, at one level, merely classic Egotistical A-hole Athlete. Clemens escalated …

Baseball’s Arms Race and the Prisoner’s Dilemma

By very popular demand, guest blogger Steve Walters is back.  As noted before, Steve teaches economics at Loyola College in Maryland but remains a fan of his hometown Red Sox, Celtics, Patriots, and Bruins. Today he provides insights into the Clemens deal that you will not find anywhere else. Imagine …

Rumors, Experts, and Human Growth Hormone

Today’s guest blogger is JC Bradbury. JC is an associate professor at Kennesaw State University. He is well-known for his website – Sabernomics – which combines the best of sabermetrics and economics. And of course, he is The Baseball Economist (which is both his title and the title of his …

Calculating Economic Values

The Baseball Economist has now been on the market for three days. Surprisingly, some people have not bought this book. To further advance its cause, I thought I would spend part of my Sunday commenting on this book again. The Scully Model In Chapter 13 Bradbury asks “What is a …

Steroids Comes to Sports Economics

As I mentioned on Monday, The Baseball Economist is a wonderful book. As you read it you are impressed with the number of surprising topics where JC Bradbury has applied economics. For example, there is the steroids issue. Apparently we are living in the steroids age in baseball. Home runs …

Sabernomics Takes the Stage

Thursday is the big day. The Baseball Economist (The Real Game Exposed) – JC Bradbury’s first book – is finally released on March 15. In honor of this event, The Wages of Wins Journal is going to devote this week to Sabernomics – or the combination of sabermetrics and economics …