This is awesome news if it works out.
Now we just need to allow folks or estates to be compensated for Organ Donation to increase the supply/availability.
I can’t find where I heard this, but it was a neat application of incentives (economic thinking) to energy policy.
The suggestion was something like:
1) States That don’t allow drilling for oil and natural gas off-shore shall have their federal gasoline tax increased $1 (or $2 or $X) per gallon.
2) The collected money shall be redistributed on a per capita basis to people living within 50 miles (or 100 miles or X miles) of working coal mines.
If I can find the reference I will post that.
This is not a self-help book. It is an excellent slim introduction to free market economics and economic thinking masquerading as a business book.
While I picked up the “Science of Success” to see how he applied economic thinking to running a business, I was blown away the authors clarity and elegance in describing economic thinking.
I also found his business system – MBM (Market Based Management) The Science of Human Action Applied to Organizations – to be interesting. It was not a how-to guide though.
I finished listening to a copy of mp3 of Moneyball: The Art of Winning an Unfair Game. The author says the book is about the “search for new baseball knowledge”. It is applying economic thinking to baseball strategy. I loved it.
When I was young, my buddies and I (pre-fantasy baseball stuff) made our own fake baseball leagues and ran games using players from our baseball cards and a homemade card deck for outcomes (matrix of batter positions and AB outcomes: walk, strike out, fly out, ground out, singe, double, etc.). The fun also came from keeping the stats (pen, paper and calculators – no computer yet).
Overtime, my interest in baseball waned do to strikes, lockouts and Bud Selig. I haven’t gone to a game this century. I haven’t watch a game in ages. I started to watch the end of the all-star game that was in Milwaukee a few years ago. I LOL when Bud Selig, as Commissioner, canceled the game at the end because it was going to long into extra innings. He’s a douche.
Had I read this book and come across sabermetrics when still in high school, I would have been sucked back in. I would most likely have majored differently (this and this, instead of this and most of this) at UW-Madison too.