Cubs Fans Swing and Miss on Understanding Basic Economics

Cubs fans rejoice! This may be the year you can finally stop blaming a goat for all your problems and win a World Series.
Without a doubt, sports are a goldmine of economic topics. With the popularity of books and movies like Moneyball: The Art of Winning and Unfair Game, many people have been exposed to how the logic and mathematical tools of economics are readily applied to sports. In my honors principles classes, I ask my students to write op eds of their choosing, with the condition that they apply the economic way of thinking to their topics. Without fail, at

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