economics

Economics Of Sports (MM #4522)

This time of year, people start talking about college football. The preseason rankings are out, but that’s not the hot topic. Many are discussing the changes in many of the college football conferences. The Big 12, Big 10, and SEC will add teams over the next few years. The Pac-12 is shrinking to four members….

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The Pareto Principle (MM #1448)

If you went to business school or studied economics you’re of course familiar with the Pareto Principle. And even if you’re not a business mogul you like know it by its common name; the 80-20 rule. I’ve actually been discussing the principle recently and it was applied to something I’d never thought of before…

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