Analysis

No Bad Analogies Needed for Baseball Economics

No Bad Analogies Needed for Baseball Economics

Let me tell you a little story about a friend I have.  This friend is a chef that owns his own restaurant.  Unfortunately he's not a very good chef, and for that reason, his business struggles.  Customers always ask him to improve his product, but he simply replies that those customers need to support his business before he'll make any improvements.

That behavior is not really a surprise.  In fact, it's probably inherited.  The father of this same friend owns a pretty major car manufacturing company.  This company has fallen behind some of the top car manufacturers in recent years, due to the poor quality of the cars.  Yet for some reason, my friend's father refuses to invest money in making better cars, instead saying "I'm not going to make better cars until people start buying these lower-quality cars".

I do have one confession to make here: I made that story up.  I don't have a friend who is an unsuccessful chef, and none of my friends have fathers who own car manufacturing co...

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Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

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