March Madness
03/13/2015 | | Economic forecasting, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, Graphsandlaughs, MLS, March Madness, Multiple listing service, NCAA Basketball, Public speaking economist, bow-tied economist, econ70, economist on TV, economist on radio, eisenberg and economics, funniest economist, funny housing economist, graphsandlaughs and eisenberg, housing sales, mortgage banking, politics and economics, www.econ70.com
The Friday File: While the NCAA college basketball tournament may or may not cost the economy money in lost worker productivity and sales, the sure losers are the 99% of Division I college players that don’t make the NBA. They work for a “benevolent” monopolist that strictly prohibits the players from monetizing their talent and that “pays” the players a subsistence wage. The winners: the NCAA, networks, universities and coaches.