Monthly Archives: May 2008

Florida Marlins Finances: Pigs get fat, hogs get stadiums?

Posted on May 31, 2008 by Jorge Costales

Please click on the spreadsheet to enlarge or print. While most have heard of the Forbes reporting on the valuation and profitability of MLB and the Marlins, I think having their work summarized in a P&L financial statement format will … Continue reading →

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A Lesson in Thinking

Posted on May 30, 2008 by Jorge Costales

Please read Richard Posner’s analysis of a proposal to pay kids to go school. Aside from the insights, admire the way he builds the argument: Background into Friedman’s proposals re welfare in the 1960’s How Friedman’s cash grants morphed in … Continue reading →

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Morality and Globalization

Posted on May 28, 2008 by Jorge Costales

Perception: Globalization may have been oversold. We are beginning to see unanticipated problems which should give us pause. Economic Reality: The idea behind Globalization – defined as the increased integration of the world’s economy – is that resources should be … Continue reading →

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Iowa’s immigration problem?

Posted on May 27, 2008 by Jorge Costales

Perception: The Federal Government is addressing the problem of immigration which is costing US citizens and residents their jobs. Economic Reality: A 3.5% unemployment rate is the equivalent of full-employment. Raids in Iowa have more to do with presidential politics … Continue reading →

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Hanley Ramirez signing – Change in strategy?

Posted on May 19, 2008 by Jorge Costales

Please click on spreadsheet to enlarge or print. At first glance, the signing of Hanley Ramirez appeared to signal a shift in philosophy for the Florida Marlins management. If there was going to be a shift, this would have been … Continue reading →

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Sowell on oil supply and demand

Posted on May 13, 2008 by Jorge Costales

Perception: Increasing oil prices may be a complicated issue, but we know that certain parties – i.e. oil companies and President Bush – are exploiting the situation. Economic Reality: Oil prices are not immune to increased demand price pressures. The … Continue reading →

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Ridicule trumps outrage

Posted on May 8, 2008 by Jorge Costales

George Will sets his sights on Sen. Clinton: Hillary Clinton, 60, Illinois native and Arkansas lawyer, became, retroactively, a lifelong Yankee fan at age 52 when, shopping for a U.S. Senate seat, she adopted New York state as home sweet … Continue reading →

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The audacity of self-reliance

Posted on May 6, 2008 by Jorge Costales

The quote below is a good example of why Thomas Sowell is David Mamet’s favorite philosopher. “People on the far left like to flatter themselves that they are for the poor and the downtrodden. But what is most likely to … Continue reading →

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Do all MLB Teams have to lie about their finances?

Posted on May 5, 2008 by Jorge Costales

Question: Do all MLB Teams have to lie about their finances? Answer: Only before they get their stadium built. In attempting to deny profitability, Florida Marlins President David Samson ends up stating obvious lies as I document in my posting … Continue reading →

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Rove Electoral Map — May 2008 — McCain +24

Posted on May 4, 2008 by Jorge Costales

Please click on map to enlarge or print.

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