There is a lot that baseball can teach us about economics. In part one, we looked at creative destruction, subjective value, and how both economic principles are at play in baseball. Now let’s examine a few more. Self-Regulating Markets You… Read More
Baseball is a game of failure; you are going to groundout, flyout, and strikeout more than you are going to get a base hit or a walk. And there’s a lot that the sport can teach about economics, too. Let’s… Read More
