Pearl River The powerhouse NCAA signed an eight-year TV deal for $115 million per year, just short of a billion dollars over term, with ESPN to broadcast forty Division 1 championships in men’s and women’s sports. At the same time, the College Football Playoffs, another NCAA operation, signed a deal with ESPN for six-years for …
Category: Economics
Living High and Low
New Orleans Time flies by, and you realize you haven’t had a raise in four years, even as inflation as decreased the buying power of those dollars by more than 23% according to the Bureau of Labor Statistics, meaning essentially, you’re only making about 80% of what you remembered. Average pay now is over …
Inflation and the “Moral Economy”
Marble Falls The very notion of a “moral economy” or even the question of whether or not inflation is “morally wrong” caught my eye when I breezed past it flipping through an issue of The Economist. I ripped the page out on the plane and stuffed it into my bag to study at …