Quote
"Perhaps if movie theaters also played the national anthem before their main attractions, the Internal Revenue Service would allow Hollywood studios to depreciate their actors."
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Andrew Zimbalist"Baseballs exemption from antitrust statutes, based on the notion that it was not involved in interstate commerce, erroneous back in 1922 and more so in the 1950s, became even more anomalous in 1957, when the Supreme Court declared football to be subject to the antitrust statutes and stated that baseballs exemption was "unreasonable, illogical and inconsistent."
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.
"Perhaps if movie theaters also played the national anthem before their main attractions, the Internal Revenue Service would allow Hollywood studios to depreciate their actors."
"Baseballs popularity and, more so, its revenues continue to increase."
"Between 1903 and 1991 the value of the Yankees appreciated at a compound annual rate of 11.4 percent."
"The first baseball game ever televised was a battle for fourth place in the Ivy League between Columbia and Princeton on May 17, 1939."
"How is it that the average CEO in Japan receives an annual income of $300,000 while the average CEO in the United States earns $2.8 million?"
"With todays high salaries, long term contracts, and corporate penetration of the ownership ranks, it is commonplace to hear commentators rue baseballs growing commercialization, claiming it is undermining the aesthetics and competitive spirit of the game. In fact baseballs growing commercialism has been a constant since the 1860s."