- Cafe Hayek - http://cafehayek.com -
Dan Klein on Moneyball
Posted By Don Boudreaux On September 25, 2011 @ 11:59 am In Competition,Complexity & Emergence,Creative destruction,Movies,Sports | Comments Disabled
My GMU Econ colleague – and EJW ‘s – Dan Klein sent me by e-mail his thoughts on the movie Moneyball. I share Dan’s thoughts with you here:
I [Dan Klein] confess that I’m a sucker for Brad Pitt (esp. Troy and Legends of the Fall). I enjoyed Moneyball.
It’s got a remarkable amount of econ/pro-commerce stuff in it, as well as Smithian themes about moral sentiments in commercial society.
They throw in a lot, and it often felt clumsy. Sometimes the dialogue even speechifies. But many of the topics touched are topics usually far beyond the reach of a movie, so it strikes as very original. The whole is remarkably bold.
There is no love interest, which was good.
Here’s a quick list of some of the topics it touches (and always in a good, if clumsy, way):
• Radical innovation, especially as born of extreme adversity (see Reuven Brenner).
• The hostility to radical innovation, especially at a deep level of selfhood and of the cultural ecology (Schumpeter 1911/1934).
• Some speechifying by the Red Sox owner about how the resistance problem also applies to government.
• Honest profit (which is in part based on prices) as a validation of personal worth.
• But also honest profit as less than paramount. In the end Brad Pitt got the validation but declined the offer.
• The destructive element in creation, but moreover the destructive impulse, as he was, as it were, getting back at baseball (Schumpeter again).
• Thus, also, success in rivalrous competition as one avenue to personal redemption.
• A general sense that the system is ineluctably vast and anonymous, that each person is situated within a vast and mysterious set of forces. That people don’t really know what will happen, or why, and must stoically accept constraints.
• Technology and nerd smarts; “skill-biased technology” issues.
• How better methods discover value and help those otherwise less valued.
• Family as naturally cardinal and often challenged by the forces of modern/commercial society.
Now I really want to see this movie!
Article printed from Cafe Hayek: http://cafehayek.com
URL to article: http://cafehayek.com/2011/09/dan-klein-on-moneyball.html
URLs in this post:
 EJW: http://econjwatch.org/
 Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2011%2F09%2Fdan-klein-on-moneyball.html&Title=Dan%20Klein%20on%20Moneyball
 Tweet: https://twitter.com/share
Copyright © 2011 CafeHayek.com. All rights reserved.