Death of the U.S. sock industry

Check out this story from NPR about the Invisible Hand at work. You can also listen to the story if you prefer. It is an excellent article about the pros and cons of globalization in the once thriving U.S. sock industry.

Goalies, Stop Jumping.

Staying with our sports theme this week, check out this bit of economic research on goalies and penalty shots. It might surprise you. Isn't it funny how economics can be used to explain almost anything?

Should College Athletes Share in the Revenues

Check out this local story from the Chronicle. It is an old argument, that college athletes (especially football players) are bringing millions of dollars into their schools, and that they should be getting some of that money. Would that be the end of college fooball as we know it, if we started paying players? What about the free education these players are getting? What do you think?