How Basic Economics Can Save our Kansas City Chiefs
My wife doesn't understand why I am such a die hard Chiefs fan. I'm a life long Kansas Citian and became a Cheifs fan back in 1969 when Hank Stram was our coach, Len Dawson was our Quarterbck and we went to the Super Bowl and won. I've been hooked ever since. I love the game of football and my wife is convinced I need therapy to get over this and maybe she's right. At the time of this posting my favorite football team has a record of 3 wins and 11 losses following last year's dismal season which was an all time low. By contrast the New England Patriots, who are led by a Master’s level Economist named Bill Belichek, has his team poised for their 7th playoff appearance after 3 World Championships and 4 Super bowl appearances in the last 9 years. It is my contention that two fundamental rules of micro-economics are ignored by the Chiefs and employed by the Patriots. The irony for us die hard Chiefs fans is that our current General Manager was sup...