« Reflections on Charlottesville | Main | The Better Side of America »

August 30, 2017


Feed You can follow this conversation by subscribing to the comment feed for this post.

I agree with you, Jonathan, that publicly funded sports facilities are ridiculous (and the notion that they somehow serve as investments is risible). I'm not sure I'm with you on the funds expended on major college sports, though. For many of these schools, the sports are cash-flow-positive, as the green-shades say. This is wholly separate, however, from the point you make (with which I agree) that 'student'-athletes are basically indentured servants. Whether a school like Ohio State can still turn a profit after paying a fair wage to its football players is another matter entirely.

Hi Jonas,
Thanks for your note and your questioning. I think the evidence is that very few schools actually come out in the black financially. It's sort of like the belief in tax cuts--people keep saying they pay for themselves, and athletic directors keep insisting that athletic programs earn the green--but ask them to show transparent books and they suddenly look the other way. :) JW

Good point. I'm not as familiar with it, but I know the conventional wisdom is that these programs generate revenue than they expend. Regardless, to your original point, that is irrelevant if that revenue is generated unethically, or, at least, in an ethically questionable manner.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)

Accepting the Invisible Hand: Market-Based Approaches to Social-Economic Problems, Mark D. White (ed)

Beyond Social Capital: A Critical Approach, Irene van Stavern and Peter Knorringa (eds)

Economics and the Mind, Barbara Montero and Mark D. White (eds)

Ethics and Economics: New Perspectives, Mark D. White and Irene van Staveren (eds)

Ethics in Economics: An Introduction to Moral Frameworks, Jonathan B. Wight

The Feminist Economics of Trade, Irene van Staveren et al (eds)

Handbook of Economics and Ethics, Jan Peil and Irene van Staveren (eds)

The Illusion of Well-Being: Economic Policymaking Based on Respect and Responsiveness, Mark D. White

Kantian Ethics and Economics: Autonomy, Dignity, and Character, Mark D. White

Law and Social Economics: Essays in Ethical Values for Theory, Practice, and Policy, Mark D. White (ed.)

The Manipulation of Choice: Ethics and Libertarian Paternalism, Mark D. White

Retributivism: Essays on Theory and Policy, Mark D. White (ed.)

Saving Adam Smith: A Tale of Wealth, Transformation, and Virtue, Jonathan B. Wight

Street Porter and the Philosopher: Conversations on Analytical Egalitarianism, Sandra J. Peart and David M. Levy (eds)

Teaching the Ethical Foundations of Economics, Jonathan B. Wight and John S. Morton et al

Theoretical Foundations of Law and Economics, Mark D. White (ed.)

The Thief of Time: Philosophical Essays on Procrastination, Chrisoula Andreou and Mark D. White (eds)

The Values of Economics: An Aristotelian Perspective, Irene van Staveren

The Vanity of the Philosopher: From Equality to Hierarchy in Postclassical Economics, Sandra J. Peart and David M. Levy