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Профиль

Victor Matheson

Профиль Vively

Sports and gambling economist at College of the Holy Cross, former President of North American Association of Sports Economists, current VP of National Association of Forensic Economics, aging soccer referee

Shouldn't "bipartisan" really mean a proposal supported by both labor and management not a proposal supported by both Democrats and Republicans meddling a private industry without a compelling public interest to do so? www.espn.com/espn/story/_...

Bipartisan college sports bill proposes salary cap, transfer limitTwo Senators will soon introduce a bipartisan college sports bill which aims to regulate payments to players, limit transfers and restrict coach movement during the season.www.espn.com
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Apparently the only parties of importance are the Democrats, Republicans, and the NCAA. Who is looking out for the players in this massive restriction on who can play, where they can play, and how much they can earn? Appalling disregard for labor by all parties. www.espn.com/espn/story/_...

Bipartisan college sports bill proposes salary cap, transfer limitTwo Senators will soon introduce a bipartisan college sports bill which aims to regulate payments to players, limit transfers and restrict coach movement during the season.www.espn.com
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Everything you wanted to know about the World Cup's sky-high ticket prices! www.wbur.org/news/2026/05...

Q&A: Why FIFA can get away with such high ticket pricesHoly Cross sports economist Victor Matheson discusses why World Cup tickets have gotten so expensive and the things fans can do to find the most affordable tickets.www.wbur.org
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One nice thing about my research is that if the facts and I can’t convince politicians to make the right choice, all that happens is we get a nice stadium at too high a taxpayer price. But Dachau… yikes!

J.C. Bradbury

Dear lord, politicians actually pitched the economic impact of concentration camps, were surprised when it didn't come true, but had faith that it would.

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I've been doing a ton on interviews on the upcoming World Cup, which looks like it will make a lot for FIFA but maybe not so much for everyone else. Here's one interview for Seattle's NPR station. www.kuow.org/stories/is-i...

Is it worth it to host the World Cup? It depends.Seattle has been buzzing with excitement over this year's World Cup. But does all of the preparation, financial investment and fanfare pay off for host cities in the end?www.kuow.org
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To be fair, if there is one institution that really promotes individualism and independent thinking, it is the military.

Defector

The U.S. Department of Defense will no longer mandate flu vaccination for military service members or civilian personnel, Pete Hegseth announced Tuesday. Vaccination will be issued only to those who "believe that the flu vaccine is in your best interest." defector.com/pete-hegseth...

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Today Holy Cross is hosting the author Margaret Atwood for a talk. I’m not really a big fan of non-fiction, so I am skipping the lecture.

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Anyone who says you can’t put a dollar value of intangibles has either not tried or doesn’t want to know what the real answer is is.

J.C. Bradbury

I see this argument a lot, and it drives me nuts. Spending $600+ million of taxpayer money on a public project *requires* putting a value on the opportunity cost of those funds.

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Remember when Sydney, Australia changed its mass transit pricing to “FREE” for the Women’s World Cup? Good times… www.nytimes.com/athletic/719...

Train tickets to 2026 World Cup at MetLife Stadium from NYC to cost more than $100 (Gift Article)A return ticket via NJ Transit for the 18-mile journey from New York Pennsylvania Station ordinarily costs $12.90.www.nytimes.com
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Jobs report just came in at +178K, the best report of Trump's 2nd term. Biden averaged +329K Clinton averaged +242K Obama averaged +188K in his final 7 years (following the end of the Great Recession that was in full swing when he took office) Fox Business cheering a below average Dem report.

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Yesterday was the end of the quarter for 401k plans. How much of yesterday’s Iran “peace” announcement was done just to try to mitigate a bit of the stock market damage people will see on their quarterly statements in the next couple of days before the fall starts again?

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Let's be very clear - there is not an ounce of difference between sports betting done through a sportsbook like DraftKings or FanDuel and sports betting done through a prediction market like Kalshi. It is pure fiction to believe otherwise. www.marketplace.org/story/2026/0...

Are prediction markets gambling? Utah and the CFTC disagreePrediction markets are regulated by the federal Commodities Futures Trading Commission, even in states that don’t allow gambling. That could spark a legal battle to define an industry with little over...www.marketplace.org
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Decatur, GA claims it will benefit to the tune of $142M from World Cup games in Atlanta. Let's just say I would take the under on that bet. www.smartcitiesdive.com/news/fifa-wo...

Up to $142M in economic benefits could come from being World Cup-adjacent, one city findsDecatur, Georgia, could see as many as 10,000 visitors a day during the FIFA World Cup soccer events in nearby Atlanta, according to an economic impact report.www.smartcitiesdive.com
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In recognition of Paul Ehrlich's death, my 2010 paper on his famous bet with Julian Simon. While Simon won the bet finding real resource prices fell suggesting scarcity isn't a problem, over most time periods in last 100 years, Ehrlich would have won the bet. www.sciencedirect.com/science/arti...

Luck or skill? An examination of the Ehrlich–Simon betIn 1980, Paul Ehrlich and Julian Simon placed a famous bet on whether the prices of a bundle of natural resources would rise or fall over the ensuing …www.sciencedirect.com
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Well to be fair Trump look some tentative first steps yesterday towards screwing over college athletes, so it’s not all just bad economy and war.

Angry

Oil up by $12 a barrel in less than 12 hours. Gas prices skyrocketing. Almost 100,000 jobs lost last month. Another war in the Middle East. Are we great again yet?

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Trump said he would “solve all of the problems in the room.” The only reason that is even remotely possible is that there were no actual college athletes in the room. A lot easier to “solve” a labor-management dispute when labor isn’t in the room. www.espn.com/college-spor...

Trump plans executive order to address college sports issuesPresident Donald Trump on Friday said he will write an executive order within a week that will "solve all of the problems" brought forth in an unprecedented meeting at the White House to address the f...www.espn.com
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In Ireland with a group of 50 Holy Cross students. A particular circumstance led to a “USA! USA!” chant starting which immediately died out and after a few confused seconds restarted with a “Worcester! Worcester!” chant.

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And in related news, I am now estimating that every World Cup match has an economic impact of $1.9 gagillion dollars.

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Truly a great honor!

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Just got back from a vacation in Tanzania. Completely amazing. Like I think I have seen dairy farms that had lower concentrations of large animals than the Serengeti. (Now if I could only get Toto's "Africa" out of my brain, I could get some work done!)

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