Tag Archives: Sports
The Economics of a Sports Recession

The Economics of a Sports Recession

The global economic recession has spared no one, not even one of the most consistently profitable industries in the world: sports. The US unemployment rate stands in double digits, its second highest since 1983. Credit is tight, making paying for housing, food and healthcare very difficult. Yet in such dire times, professional athletes always seem [...]

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Soccer: Still the World’s Greatest Sport

Soccer: Still the World’s Greatest Sport

It can be a daunting task to find people who respect the sport of soccer in the United States, despite its status as the most loved sport in the world. Americans turn to other pastimes, most prominently baseball, basketball, football, and hockey. While I love all of these sports, a year of watching “the people’s [...]

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