Andrew Zimbalist
Andrew Zimbalist
Andrew S. Zimbalist is an American economist and author of twenty-four books. He is the Robert A. Woods Professor of Economics at Smith College.
"It is true that I described antisocial, parsimonious, sanctimonious, and wasteful behavior by the owners over the years, but baseballs problem is structural, not individual. Put any individual into a position of power with an opportunity to make tens of millions of dollars in an industry that is on a cultural pedestal and protected from all forms of competition, and the odds are against the second coming of Lee Iacocca or Ralph Nader."
"Baseballs owners must be the only U.S. citizens whose parents never told them the story of the boy who cried wolf. Their perennial cry of evaporating profits and imminent catastrophe in the presence of rapidly growing revenues and escalating franchise values is hard to take seriously."
"While Babe Ruths $80,000 in 1930 was eighty times the average U.S. income, Don Mattinglys $3.4 million in 1991 was 160 times the average."
"It is well to recall that in 112 years of major league baseball, there has been only one bankruptcy filing."
"Nobody ever said that capitalism guarantees profit."
"Consider for instance, the facts that Jose Canseco was picked in the fifteenth round of the amateur draft, Roger Clemens the twelfth, Ryne Sandberg the twentieth, and Nolan Ryan the tenth."
