On this subject I have nothing to say. I do predict that within a year there will be a paper on precisely this topic if James does move. Eventually it will find its way into a book with a one word title whose suffix will be `onomics.’ Since the advent of Freakonomics I have seen:
Superfreakonomics (a sequel, which makes one wonder what the sequel to it will be called)
Emotinomics
Soccernomics
Hook-onomics
Invento-nomics
Gooleplex-Onomics
3 comments
July 8, 2010 at 12:58 pm
Anonymous
you forgot parentonomics
July 9, 2010 at 1:22 pm
Anonymous
What I find the most interesting about all this is that these players for all their talent, and money are typically just cogs in the machinations of owners and GMs. The players are a commodity that the organizations trade or stock pile. But these three guys by refusing Max money deals and conspiring with each other have subverted the whole system and now they have rearranged the entire landscape of the NBA. Lebron’s decision was not motivated by money (at least not in the short term), it wasn’t about personal glory, and I don’t even think it was really about winning, several of the teams vying for his services, assembled teams very capable of winning a championship (without Lebron having to share the spotlight as well) but I actually think he might have done it because it would be fun.
Or the super agents at CAA that represent these three players masterminded this whole thing and the players are still pawns, just of another an even more powerful Industry than professional basketball.
PS I discovered your blog after the foul trouble article a while back and would love to hear what you have to say about it.
August 10, 2010 at 10:57 am
The Economic Impact of Le Bron James « Brucetheeconomist's Blog
[...] via The Economic Impact of Le Bron James. [...]