Home-plate Economics

MoneyballJust added to my Amazon.com shopping cart: Michael Lewis’s “Moneyball: The Art of Winning an Unfair Game,” an up-close look at the Oakland Athletics and GM Billy Beane’s use of sophisticated statistical analysis to build a remarkably successful team from one of the lowest payrolls in Major League Baseball. This unorthodox method, which Lewis likens to value equity investing, is one of the most interesting ongoing stories in professional sports and has the potential to dramatically remake the game. Having read his past works, I’m convinced that Lewis is one of the most talented non-fiction storytellers working today, and I’m excited to see him tackle this story.