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Message
re: You Are What The Market Says You Are Worth
Posted on 5/4/24 at 9:26 am to Forever
Posted on 5/4/24 at 9:26 am to Forever
quote:
Thanks for the Econ 101 lesson, Professor. Except ~20 college football teams bidding on football players isn’t the “open market” and there’s strategy and other recruiting classes involved. This is auction pricing buddy, terrible analogy
I think you're being a little harsh here especially considering that an auction Market is pretty much the epitome of free market.
1
Posted on 5/4/24 at 3:10 pm to Tigertuxedo
quote:
I think you're being a little harsh here especially considering that an auction Market is pretty much the epitome of free market
You have no clue what you’re talking about. The key words in my post were “20 football programs making $100,000,000+ per year”, not “auction”. Limited participants + huge amounts of money involved =/= free market valuation in any sense of the term
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