The final out of the World Series marks the beginning of baseball's second season, when teams court free agents and orchestrate trades with the hope of building a championship contender. The real and anticipated transactions generate excitement among fans who discuss the merit of moves in the arena informally known as the "hot stove league." In Hot Stove Economics, economist J.C. Bradbury answers the hot stove league's most important question: what are baseball players worth? With in-depth analysis, Bradbury identifies the game's best and worst contracts--revealing the bargains, duds, and...
The final out of the World Series marks the beginning of baseball's second season, when teams court free agents and orchestrate trades with the hope o...