Skip to main content

Fantasy Sports is better than Fantasy Economics


A few weeks ago, I noticed that Fantasy Sports is now getting billing ahead of actual sports.
look at the left column..Fantasy sports gets top billing, both under sports and under the NBA menu.
look at the left column..Fantasy sports gets top billing, both under sports and under the NBA menu.
Years ago, a friend asked me why, as a sports fanatic at that time, I didn't play fantasy sports. I told him that 1) I wasn't interested and that 2) I suspected it would give couch potato fans the opportunity to act like they are the real coaches and general managers of teams (instead of just fans yelling at the scream about what the coach, owners, or players should have done differently).
* * *
I just read a Tim Worstall article in Forbes Magazine. Worstall notes that Chang Ha-Joon and Hans Rosling agree that the washing machine is a more important invention than the Internet.
I have no doub that Worstall, Chang and Rosling all know more about economics than I do, they have forgotten more than I will ever know about it.
But wait...there is a discussion among some really educated men about whether or not the washing machine is a more important invention than the Internet? Is this really real?
Question 1: Even if true.... so what?
Question 2: Accepting that they are correct...then what?
A great thing about being an intellectual--you can make observations that don't need to be tested in the real world. Chang Ha-Joon's book on capitalism is full of such irrelevant observations mixed in with strawmen. And Ted.com, where I first came across Rosling, is grooming and highlighting a whole generation of talkers making witty observations that I'm sure will do better in the fantasy world than the real world.
How many angels can dance on the head of a pin? How many economists does tit take to start a washing machine as they cruise the Internet? With the kinds of observations that Chang often makes, I am convinced that he will live to be about 300 years old. That's because his observations are clearly from a man who thinks he will live for about three centuries, so he doesn't need to worry about making observations that are relevant to today.
So I will make my own irrelevant observations. At least with fantasy sports:
1) A fan's picks will get examined during and after the game, demonstrating whether or not they were good that week or season at guessing which players would do better in their fantasy leagues. That's unlike the expert economics who talk all day but couldn't squash a grape when it comes to action.
2) The fans aren't treated like geniuses for making irrelevant observations.

Popular posts from this blog

How not to get your ass beat by the police

The black president of the United States stupidly commented on the arrest of a black Harvard professor in his own home by a white police officer. Some random thoughts and memories: * I'm sure most people are still trying to figure out who Prof. Gates is. As G.K. Chesterton once wrote: "Journalism consists largely in saying 'Lord Jones is dead' to people who never knew Lord Jones was alive." * Massachusetts Gov. Deval Patrick said Gates' arrest was "every black man's nightmare." Perhaps. But having a criminal in my house is even more of a nightmare. Also, having the president of the United States talk off the cuff about me about something he doesn't know is pretty bad. And getting shot by a cop after I escalated a situation would also be worse than getting arrested. Anyway, I have had my own dealings with the police over the years: * Back when I was a college student many many moons ago, one of my brothers and I got stopped by police in Bro...

The Casey Lartigue Show

Guests scheduled for May NOTE: Check here for updates on Memorandum 46! Future Shows Thomas Sowell of the Hoover Institution This is my first attempt at putting together my own promo , it was rejected because of the sound quality May 19 edition of the Casey Lartigue Show We had a great show yesterday, probably the best so far. The topic: Malcolm X. The occasion? Anniversary of his 82nd birthday. Eliot Morgan and I had a great time talking with the callers. Deneen Borelli called in on our special guest line. You can download the file here. We posed the question: What did Malcolm X do? We contrasted the viewpoint and legacies of Malcolm X and Thurgood Marshall. The one mistake I made was not to focus on the question that Marshall asked: What was the one concrete thing that Malcolm X did. In segment 3, callers begin to get personal with us. May 12 edition of the Casey Lartigue Show Featured guest: Don Boudreaux of George Mason University Promo for the May 12 show May 5 edition of the C...

Korea Fighting!

Years ago I read an article about a man who kept a detailed diary about his life. I think it was 70 years of diaries. Nothing was too insignificant for him to mention. I remember reading it and wondering, "Yeah, but will anyone ever read those boxes of diaries about him going to the bathroom?" I guess he often wrote about himself writing... These days I'm having the opposite problem... I'm living it up so much that I don't have time to write... Can you really enjoy life and record it all? If I had time I would blog about... * going swing dancing * getting treated at the Kkunnori restaurant in Jamsil by two friends who insist I'm the luckiest man alive because I know them. * then getting treated to an hour or two at the Luxury noraebang near Kkunnori . * the "call" button in Korean restaurants * Koreans ordering too much food whenever they eat together * Meeting with Gong Byeong Ho (공병호) for the first time in 10 years. * how damn energetic Seoul i...

Weekend roundup

Kim Heung - sook asks: " Who Needs New Bills ?" When I first saw the headline, I thought: I AGREE!!! In fact, I don't want or need ANY bills, whether old or new! I have a dream job now...After a couple of days at work, one of the managers here told me to give him all of my bills, the company would take care of my expenses. So I say...Who needs new bills!!! Who needs old bills!!! Her essay is about the new 50,000 won bill. That's about 40 bucks. The next largest bill? 10,000 won. That's about 8 bucks. * * * Get a job! In an LA Times piece trying to guilt California taxpayers and the governor to spend more on higher education in the state , Vincent J. Del Casino Jr. concludes by asking how he should explain spending cuts to his students: "Governor, any good one-liners I might use?" I've written some speeches for some prominent people over the years, I'll give this one to the governor for free, "Get a job!" * * * The next borrowed word? ...

Gerald Bracey, invited to his final mugging

"Journalism largely consists of saying 'Lord Jones is Dead' to people who never knew that Lord Jones was alive." --G. K. Chesterton * * * I don't usually do obituaries because (1) I don't know the person who has just passed away (2) It is usually in poor taste to speak honestly about the recently departed (3) I do know the person who has just passed away, but still feel too close to them to write about them on a blog. But I will make an exception in the case of Gerald Bracey ! In case you didn't know, he was an education researcher and public schools advocate. He was also highly sarcastic, acidic, a gentleman who was often uncouth and even childish. A couple of random thoughts and memories: * Just as I was getting into the education policy analysis world I thought about inviting Bracey to be a speaker on a panel. I asked a couple of prominent education researchers. The first three told me that they refused to be on a panel with Bracey . I could invite him...