TPS All-Things-Sports Consultant Rob Holub sends along Spolitical, "a blog devoted to the innumerable ways in which politics informs, influences, and (occasionally) infects the sports world."
I like this post-- capping salaries is plainly absurd-- though ticket prices would change. Prices are determined by the interaction of supply and demand, and capping salaries affects the offer (supply) curve for ticket prices. If nothing else, capping salaries affects the fixed cost, and that monkeys with the average total cost curve. The effects on the prices of everything else could be argued a lot of ways. Ceteris paribus isn't terribly easy here.
Give the blog a read-- I'll add it to the Rolodex. Thankfully, we have categories for blogs, politics and sports. Wasn't a tough choice there.
Thursday, April 02, 2009
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