Tag Archives: Tyler Cowen

No one watches bowl games — let’s evolve to the College Football Premier League

There’s another nice summary piece by Tyler Cowen (Marginal Revolution) and Kevin Grier at Grantland this week (thanks to my PhD buddy Felipe for passing it along). Their topic: the college football bowl system. Their conclusion:

In sum, we have a system where the games are not designed to produce the best on-field matchups, the competitors often lose money [since no one watches most bowl games] but fight fiercely to participate, outsiders and observers complain vehemently, and the organizers amass and waste a great deal of money with little oversight.

They also note Continue reading

The Seattle Scientists — an alternative to the New Orleans Mess

You all know by now — the New Orleans Mess tried to trade Chris Paul to the Lakers (involving the Rockets as well), but the other owners, who jointly own the Mess, stepped in and blocked the trade. The trade has quickly become an argument about the small market/big market dichotomy in the NBA. My brother Conor sent me a standard response from Matthew Yglesias at Slate. Yglesias argues that artificially preserving the talent on small market teams is misguided:

It’s not clear to me why they don’t just eliminate this New Orleans franchise. Everyone knows there are too many NBA teams. Nobody wants to own this team, nobody wants to play for it, and there’s no a priori reason to believe an NBA franchise in New Orleans could ever be financially viable.

Yglesias and many others feel that the Mess and maybe a few more teams should be “liquidated” and “replaced” in some way. Ideally, they could be moved to a big market, where the financial returns to winning seem higher. However, eliminating and moving teams is bad press. I also think that keeping teams Continue reading