Sunday, October 30, 2005
Not Too Happy Dodger Fan...
As with most people, I have certain passions in my life. And as with most people, there are certain things that irritate
me. The topic that I will address concerns baseball (a passion) and passionately uninformed arguments about the Dodgers (topic
of irritation), and since this is one of my rambles, I will commence my rambling.
I found out today that Paul DePodesta
was fired from his position as General Manager of the Los Angeles Dodgers. Quite shocking news. Yesterday, Bill Plaschke
of the Los Angeles Times wrote an article entitled “Wanted: Depo Man,” which basically trashed DePodesta but gave no indication
that the GM of the Dodgers was on his way out the door. It’s mere speculation, at this point, to say when DePodesta knew
that he would be fired or at what point Frank McCourt (owner of the Dodgers) decided to fire his young Harvard-educated employee,
but one of my qualms with McCourt and the Dodgers is the timing of his firing. If McCourt wanted to go in a different direction
with a new general manager, he should have done so at the end of the season. I think it was a very cowardly act on McCourt’s
part to have DePodesta ax Tracy and then have the audacity to fire DePodesta while he’s looking to fill a managerial vacancy.
I’ve wanted to give some support to McCourt’s Dodgers and have an optimistic outlook on things, but it seems difficult to
do so at this point. McCourt constantly spouts about returning to the “Dodger Way” of doing things as if making rash firings
is a time-honored Dodger tradition.
So that’s my first qualm. The timing of this decision puts the Dodgers into more
perceived chaos and absolutely makes the Dodgers look like a second-class organization. McCourt’s personnel decisions seemingly
twists and turns based on what the local media reports in the newspaper.
Now, I will try to analyze Mr. Paul DePodesta
by debunking common folklore about how he destroyed the Dodgers.
“Moneyball” doesn’t work. DePodesta doesn’t value
team chemistry or other intangibles.
Absolute hogwash. “Moneyball” gave Paul DePodesta an opportunity to become the
GM of the Los Angeles Dodgers, but it was also ultimately his undoing. Today’s Los Angeles Times puts DePodesta staring at
a laptop computer and lends credence to the idea that analyzing statistics and crunching numbers must not be useful in evaluating
major league talent. DePodesta did not invent statistics or sabremetrics or “Moneyball.” DePodesta is an economics major
that uses econometric analysis as part of his decision-making process in evaluating baseball talent. What’s wrong with that?
When people say that they don’t agree with “Moneyball,” they have absolutely no idea what they’re talking about. The basic
thesis behind the book was basically a fundamental economic argument that the best way to build a baseball team is to exploit
market inefficiencies and allocate money in a rational way.
(to be continued)
12:24 am pdt
Wednesday, October 26, 2005
Useless Banter
"He's the new Federal Reserve Chairman," says Will Ferrel, who plays Alex Trebek on SNL's "Celebrity Jeopardy" sketch.
Sean Connery, although he knows that the correct question is Ben Bertrand, chooses not to answer as such but rather
says, "Roth 401(k), which is obviously wrong since everyone knows that a Roth 401(k) is an after-tax vehicle that is
a 401(k) with Roth IRA-like features. Mr. Connery will not win any money for his charity. He certainly is no Ted Turner
who generously donated $1 billion to the United Nations and believes that Warren Buffet should not be an Ebenezer Scrooge
and follow suit...
Notice the rather odd usage of bold.... Keep that in mind....
12:26 am pdt
Friday, October 21, 2005
"Got Econ?" Challenge
Make a commericial, SNL-type skit, short film, documentary, mockumentary, sitcom, movie trailer.... anything multi-media...
$50
Just do it.
12:47 am pdt
Monday, October 17, 2005
Econ Extra Credit - $3: Due Friday, October 21st
Why do Poor Countries have a higher birth rate than rich countries?
1) "Children are an inferior good."
2)
"The opportunity cost of having kids is higher in wealthier nations for women."
3) "There is no Social Security
in poorer nations."
$3 to write an explanation, draw a demand graph and somehow evaluate these three rather odd
statements.
11:42 pm pdt
Monday, October 10, 2005
Word to the wise...
When compiling anything of importance or when passing out items in bulk, always proof-read twice, check for grammatical errors,
and read the fine print for inappropriate comments. Just a mental note to self... :)
11:48 pm pdt
Saturday, October 8, 2005
Park's Ramblings...
Life throws you many curveballs. And, indeed, many curveballs have been thrown in my direction. Some of these aforementioned
curveballs have been of my own doing. Some not. There doesn't seem to be any logic to what's being said right now, but that's
okay. These are MY RAMBLINGS! I choose to talk about things in metaphorical terms to my pleasing!
Well, I hope you
guys and gals from Periods 2-6 are enjoying my website or at least finding some jollies from it. Is this website a positive
externality? My feeling is that 10 years from now, high school classrooms are going to require constant web usage. The internet
is a pretty amazing tool, don't you think?
One thing I wish I could add to the site is a message board. The guestbook
is the only way I can quasi-achieve this, but the danger in that I run the risk of having comments on the site that would
not be in the best interests of the class.
Well, that's the end of my ramblings. If any of ya'll can make it out
to Anaheim Hockey Club at 4:00 PM, Saturday, October 8th, to watch your instructor play roller hockey... www.anaheimhockeyclub.com...
I will grant you $10 in Park's Place currency... I offer this because there is about a 0.1% someone will read this between
now and then and actually follow through with this task...
1:28 am pdt
Monday, October 3, 2005
2 midterms, 2 days - International Econ & Math Econ....
and I'm up at 2:09 AM... aish!
The opportunity cost of studying economics is SLEEP!!!!
2:10 am pdt