Latest / Green & Red: Podcasts for Scrappy Radicals
(New York) Yankee Imperialism: The World Series and the economics of baseball (G&R 329)
To celebrate the World Series we got together with our frequent-collaborator and great friend Clayton Lust (@claytonlust) to discuss the business of baseball, an appropriate topic since the two most valuable and wealthy franchises, the Yankees and Dodgers, are fighting it out. We discussed the ways in which baseball is a great way to learn about capitalism--the value of franchises, the wealth of owners and players, but more importantly the state's support of wealthy MLB teams through subsidies to build stadiums, tax breaks, infrastructure and more. We also discussed the impact of all this on…
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