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Old 02-26-2014, 12:45 PM   #194
BucEyedPea BucEyedPea is offline
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Here's a podcast by an Austrian economist, Skip Oliva, showing how football is not really a private institution; how it's granted monopoly status with no other competing pro-leagues, subsidies and hook-ins with govt at every level leading to non-market distortion of prices with little dividing between govt and private left etc.

How leagues call their head executive "commissioner" which is a govt title. Private companies don't use that term. You don't have to agree with all of Lew's comments to get something out of it. The history is interesting, as regulation of sport began with Teddy Roosevelt.

Football: Another Government Institution


http://www.lewrockwell.com/podcast/3...t-institution/
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