It’s clear that a footballer’s wage at a club is set by what he could earn down the road at another club.
However, here is an interesting question, to which I do not know the answer:
In economic terms, what does ‘productivity increase’ mean? Does it mean they can run faster, harder and are more skillful, or does it mean, in this industry, BSkyB, Champions League and worldwide audiences are causing the footballers’ existing skills to make more money for the club?
dearieme
Your post will be a great puzzle to those who cannot comprehend that not everything does what it says on the tin.
Ironman
I would also echo Luke’s question on the ASI site.
Nice picture, thank you.
It’s clear that a footballer’s wage at a club is set by what he could earn down the road at another club.
However, here is an interesting question, to which I do not know the answer:
In economic terms, what does ‘productivity increase’ mean? Does it mean they can run faster, harder and are more skillful, or does it mean, in this industry, BSkyB, Champions League and worldwide audiences are causing the footballers’ existing skills to make more money for the club?
Your post will be a great puzzle to those who cannot comprehend that not everything does what it says on the tin.
I would also echo Luke’s question on the ASI site.