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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (316821)	12/21/2006 11:36:06 AM
From: Elroy	Read Replies (2) of 1575840

And letting the market do its job doesn't really work as well in baseball as it does in shaving cream. What does "work well" mean in this context? It means pay the player enough to get him to play, and not too much more. At the moment athletes are overpaid by orders of magnitude. It's waste in terms of salary spending that could be save (by owner and thus fan). If the only way it can happen is for it to be imposed by government than the only way I'd find it palatable is if it somehow was a necessity or at least vitally important. Simply being a good idea is not enough? I can't think of another way to lower athletes' pay other than government regulation. They will do their thing for less pay, but I don't have a good idea on how to lower their pay through market forces. For entertainers I think it can be achieved by weakening copyrights on digital entertainment material (essentially nearly legalizing all the Chinese bootleg DVDs), but that also could cause problems. But putting digital entertainment in the public doman 1 year after its release may not be that bad of an idea.

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