There are useful comparisons to be made—and important conclusions to be drawn—when we examine failed investments in both the public and private sectors. The settings may appear unrelated: professional baseball, college football, public education, welfare programs, and government contracting. Yet they increasingly share a common economic defect: they guarantee payment or subsidy while weakening the […]
I grew up loving and playing baseball and football. When I became a father, I shared that love with my three boys. In the summer there was never an evening that didn’t end with ESPN and SportsCenter. WE played baseball in the side yard from March until November. Football in Ohio was our “State Religion”. […]
Growing up I played baseball from Little League through Jr. and Senior League and one year of Legion ball. As we grew up through the system so did the umpires and the coaches. My father worked long and unusual hours and seldom got to watch a complete football or baseball game, but he attended every […]