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.
Listen in: https://bit.ly/40lj818
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 the fans–the price of tickets, merchandise at the ballpark, and the overall costs to the family to go to a game.
We like to talk about pop culture and politics and what better way to discuss it than discuss the fall classic.
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