A WoW Anniversary

Last month was the anniversary of The Wages of Wins Journal. This month we mark another anniversary, the anniversary of our first book being published. I thought I would note this occasion by reviewing the story behind both the book and the title. The Wages of Wins Story Three years …

The Value of Winning the Lottery in the NBA

Yesterday Darren Rovell – of CNBC — offered some analysis of the economic value of Portland winning the NBA’s Draft Lottery. Stephen Dubner – of Freakonomics – looked at Rovell’s analysis and stated: ‘I don’t know what the Wages of Wins boys would make of Rovell’s analysis, but it’s well …

Stephen Dubner Gives an Assignment

Darren Rovell has asked the question “Is the First Pick a Money Maker?”  In commenting on Rovell’s analysis at the Freakonomics blog, Stephen Dubner stated: “I don’t know what the Wages of Wins boys would make of Rovell’s analysis, but it’s well worth a look.” So Dubner has given us …

The Gluttons’ Pavilion at Dodger Stadium

It’s amazing how often bad ideas become fads in American business. Luckily, in capitalism there’s a Darwinian process at work. Adopters of truly stupid ideas tend to go bankrupt—or at least wake up, smell the red ink, and get better advice. Eventually. Which brings us to Your Los Angeles Dodgers. …

Talking Boston and Memphis Fans Off the Ledge

Last night was the NBA’s annual celebration of the league’s biggest losers – the Draft Lottery. Given that this draft offers two major talents — Greg Oden and Kevin Durant — the “winners” last night were Henry Abbott’s Portland Trail Blazers (one definitely should read Abbott’s discussion of last night) …

Some Nice Things I’ve Missed

Frank Sinatra demonstrated in the early 1970s that retirement was not among his many, many talents. After emphatically announcing his retirement in 1971, he released “Ol’ Blue Eyes is Back” (one of my favorite albums) in 1973. The next year came “Some Nice Things I’ve Missed” (another one of my …

Playing the Ponies, for Fun and Profit

Guest blogger Steve Walters is Professor of Economics at Loyola College in Maryland—a key fringe benefit of which, it turns out, is its proximity to Pimlico Race Track, the site of this year’s epic Preakness. Disgusted by steroidal outfielders, felonious point guards, and sociopathic running backs? Looking for a purer, …

The Value of WoW

Last fall I quoted from the cover story of the October issue of PROFIT magazine [“How Canada’s Top Achievers Attain Peak Performance”]. The author of the article, Kara Kurylllowicz, “asked some of Canada’s brightest lights in business, sports, media and the arts to share the techniques and resources they use …

Rondo for ROY

The choice for best rookie was pretty easy last year. Chris Paul was easily the top rookie in 2006, leading rookies in points scored, NBA Efficiency, and Wins Produced. At the All-Star break it looked like Rookie of the Year would be a pretty easy choice in 2007 as well. …