"...Freakonomics meets ESPN." —Alan Schwarz, author, The Numbers Game

Taking Measure of the Many Myths in Modern Sport
David Berri, Martin Schmidt, and Stacey Brook

 

 

 

Reviews | What's Inside | Where to Order | Stanford University Press

AUTHORS’ BLOG

 

which we call

 

THE WAGES OF WINS JOURNAL

 

MALCOLM GLADWELL'S NEW YORKER REVIEW AND COMMENTS

DICK FRIEDMAN’S SPORTS ILLUSTRATED REVIEW

JOE NOCERA’S NEW YORK TIMES REVIEW

ANDY KEHE’S BAKERSFIELD CALIFORNIAN REVIEW

MICHAEL BOWEN’S THE PACIFIC NORTHWEST ISLANDER REVIEW

BILL FREEHLING’S FREDRICKSBURG.COM REVIEW

JEFFREY STANDEN’S SPORTS LAW PROFESSOR REVIEW

JC BRADBURY’S INTERNATIONAL JOURNAL OF SPORT FINANCE REVIEW

ALLEN R. SANDERSON’S CHOICE REVIEW

"The Wages of Wins provides some of the most intelligent yet readable sports analysis I've seen in a long time. Call it Freakonomics meets ESPN."—Alan Schwarz, author, The Numbers Game: Baseball’s Lifelong Fascination with Statistics

"Not just a book for thinking sports fans, but something more. A book that can turn any fan into a thinking sports fan."—Allen Barra, Wall Street Journal, author of Brushbacks and Knockdowns : The Greatest Baseball Debates of Two Centuries

“Take me out to the ball game. Even for an ex-fan of the Boston Red Sox traumatized by the 1967 and 1975 World Series, The Wages of Wins is captivating. Women: read the book and stump your husbands in a sports argument! Then give the book for Christmas. It’s what economics should be like—freakonomics, Marshallian economics, substantive significance, or just oomph—call it whatever you want. But it’s science, and science is interesting. Most of what economists write these days is not science, and is boring. Berri, Schmidt, and Brook are sports nuts, true. But they’ve set a new standard for economic science, interesting science. Maybe there’s something to this combining of passion with quantitative curiosity. Just maybe.”—Deirdre McCloskey, Professor of Economics, History, English, and Communication, University of Illinois at Chicago, and author of The Bourgeois Virtues: Ethics for an Age of Commerce

“Buy this book if you never want to lose an office water cooler debate again.”—Darren Rovell, author, First in Thirst: How Gatorade Turned The Science of Sweat Into a Cultural Phenomenon

“It is impossible to properly evaluate the performance of professional sports teams today without examining the financial aspects of the business. In The Wages of Wins, authors David Berri, Martin Schmidt, and Stacey Brook take the reader behind the scenes and into the financial world that quite often determines the difference between success and failure. As the writers state, ‘Sports come with numbers.’ And with dollar signs. This book provides an interesting perspective to what helps determines the story behind wins and losses.” —Fred Claire, former L.A. Dodger General Manager, author of Fred Claire: My 30 Years in Dodger Blue

“This book presents complex economic analysis in a breezy manner that the casual sports fan and econophobe will appreciate and enjoy. I plan to assign it to students and recommend it to friends.”—Michael Leeds, Temple University, and author of The Economics of Sports

 

“Great book!  I read it in a single afternoon.  Not only is it well-conceived, well-supported, and funny, it provokes lots and lots of fascinating questions--I closed it more curious and full of thoughts than when I opened it.  To me, that's the highest praise a book can earn."—Jesse Kellerman, author of Sunstroke

 

“So are payrolls and wins highly correlated? Do strikes/lockouts impact on future attendance? Do current structures give competitive balance? Are tall people in ‘short’ supply? Do fans care about competitive balance? Does ‘star power’ bring in fans? Do ‘better’ players make their team-mates ‘better’? Do great players lift their games to higher levels when the games matter more? Buy the book and find out the answer to these and many other great questions.  It’s 100% American but suggest various UK research questions.  And in buying the book you will also be sending a signal to the market that we want good, interesting, accessible economics that explains the world around us and makes us see it in a different, better way.” – John Bundell, Director General, Institute of Economic Affairs

[John Blundell (2006). Review Special: THE WAGES OF WINS: TAKING MEASURE OF THE MANY MYTHS IN MODERN SPORT - by David J. Berri, Martin B. Schmidt and Stacey L. Brook. Economic Affairs 26 (4), 94–94. doi:10.1111/j.1468-0270.2006.682_5.x]