In re: LeBronomics

While many if us in Ohio are still getting over Lebrons departure to Miami we gotta start looking to the future and move on.  So despite that one quick post on Lebron, well not really him, but rather the economics of Lebron.  But before that I will mention that I don’t mind him leaving if that’s what he wanted – but wished he could have done it differently. He could have hurt us less.  but oh well.

Anyway that’s not the point. I think I’ve mentioned but may not have that I love Plant Money an NPR podcast. They had a real interesting show on the economics of Lebron, including the conclusion that Lebron should not have gone to Miami (gasp).  Why?  Well Miami isn’t exactly a big city (compared to NY or Chicago) and to maximize happiness he should have gone to New York, in fact since they were so bad that he wouldn’t have to win for a while to make them happy – just being there would bring a lot of happiness for a large number of people.  Additionally putting all those stars together reduces the supply of stars and how much happiness they can provide (there is a limited amount of how much happiness the Heat can provide, presumably getting Wade and Bosh provides almost as much happiness as adding Lebron.

Anyway, check it out, a lot more interesting things about it (including the enjoyment rooting against someone may bring), check out some of their other pod casts (especially all the great episodes on Haiti – maybe you should check those out first actually.)

Lebronomics here and see planet moneys front page here


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