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.

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.

2022-12-09 Seoul Honorary Citizenship (ceremony & media roundup)

On September 29, 2022, I was informed that I had been awarded Seoul Honorary Citizenship. December 9th, I was one of the 18 non-Koreans to receive Seoul Honorary Citizenship. I was delighted to have several colleagues and supporters join me at the ceremony. They all have had a special role in my activities here. Here's the media roundup so far: The Korea Times (English) https://www.koreatimes.co.kr/www/nation/2022/12/113_341484.html Yonhap (English) https://en.yna.co.kr/view/AEN20221211001200320 (Korean) https://www.yna.co.kr/view/AKR20221210022100004 (French) https://fr.yna.co.kr/view/AFR20221211001000884 (Spanish) https://sp.yna.co.kr/view/ASP20221211000900883 K-Odyssey https://m.k-odyssey.com/news/newsview.php?ncode=179556481389320 Newsis https://www.newsis.com/view/?id=NISX20221209_0002118460 Chosun https://www.chosun.com/national/national_general/2022/12/11/S2OA76535FCBHFIQI7R5P7HYYM/ Daum News https://v.daum.net/v/20221211111512898 MSN https://www.msn.com/ko-kr/news/n...

"Who would be free themselves must strike the blow?" --Lord Byron

Frederick Douglass loved that quote. Booker T. Washington would say it sometimes, too. I recently met two women from North Korea. That's right, that North Korea. I asked them many questions but held back somewhat. I suppose they still must be careful and I don't want them to think I'm a spy. Hey, I used to be a host on black talk radio, I was accused of many things then. Plus, if North Koreans are trying to track those folks down I suppose the last thing they'd want would be to have their photos posted on a blog. At some point I will write about meeting those ladies. * * * Yesterday I got interviewed by a Korean reporter about various political and social issues. After I confirm that my interview made it past the station's producers then I'll post the info here. CJL

Race, race, race

On the issue of race: Clinton goes first, (surprisingly) without her Selma accent. Biden doesn’t mention that there is a clean and article black person on the stage. Richardson says the next president must talk about race…we need less talk about race, and more about individual action. Edwards said something, apparently to help us transition to the only somewhat black candidate on the panel. Obama has the home field advantage being at Howard, but doesn’t do much with the initial question. Kucinich says that people are told to raise themselves up by their own bootstraps, but then they steal the boots. He gets the loudest cheers. This will be a long night if that continues... Gravel —who? Dodd —like the 64th team in the NCAA basketball pool, Dodd should be one and done. Brb, I’m checking on the NBA draft… CJL

Common Sense on North Korea (Korea Times, April 2, 2012)

By Casey Lartigue, Jr. As interesting as Kookmin University professor Andrei Lankov’s writings are, there is nothing quite like attending one of his lectures. He can barely restrain himself behind the podium, often pointing and waving his arms. I also enjoy his unscripted speeches, but his answers in Q&A sessions are like the difference between watching Michael Jordan shoot baskets in warm-ups and an actual game. I have finally discovered the secret behind Lankov’s consistently solid analysis about North Korea: Use common sense. At an Asan Institute conference last summer, he argued that North Korea watchers should try to understand North Korea from its perspective. Don’t most people know that you must understand the mindset of others you are dealing with? Yet, common sense in theory gets ignored politically. From the North Korean perspective, nuclear weapons are the best thing they’ve got going. They will NOT give them up easily, even if President Obama ...

Breen's column that outraged Samsung

“What People Got for Christmas” Michael Breen The Korea Times December 25, 2009 At this time of year when Seoul’s bare winter trees are wrapped in beckoning lights ― blue and white are the in colors ― and Merry Xmas signs at hotels and department stores are really saying come-hither-gentle-reveler-and-empty-your-purse, and when expensive restaurants belch noisy year-end office party groups onto every street and the karaoke rooms are full, it is tempting to declare that Christmas has lost its soul. But that would be a mistake. Christmas is a time for giving, and, before they can be given, gifts have to be bought. Commerce is good. Here, as proof, is a round up of some of the gifts given and received today by people in the news. Samsung, the world’s largest conglomerate and the rock upon which the Korean economy rests, sent traditional year-end cards offering best wishes for 2010 to the country’s politicians, prosecutors and journalists, along with 50 million w...

The Casey Lartigue Show!

Search This Blog