More love for Zach

jenkins042407.jpgClear Thinkers favorite Dan Jenkins is not having any part of the notion that Zach Johnson‘s victory in The Masters Golf Tournament was boring due to a tricked-up Augusta National:

I, for one, loved it. The Augusta National, with an assist from nature, finally reined in technology. That alone was worth a roar, wasn’t it?
They took the winning 72-hole score back to 289, the highest it had been since 1954 and 1956, when the basic culprits were strong, gusty winds and the hard old Bermuda/rye greens that wouldn’t hold a pitchfork if Tiger Woods was swinging it.
If there was anything I liked better than seeing the tour pros have to face a tough course for a change, it was learning that Zach Johnson, the new Masters champion, is an unapologetic God-fearing lad who has a Yorkshire terrier like I do.
Only his is named Hogan.

Read the entire article.

Criminalizing business in Kazahkstan

man%20in%20PrisonBars.jpgThis New York Times article reports on the troubles of American businessman Mark Seidenfeld, the telecommunications entreprenuer who made a fortune during the dizzying days of Kazahkstan’s conversion from a communist to a market economy. The case against Seidenfeld is controversial and is being watched closely, largely because Kazakhstan is perceived to be one of the least repressive countries in the region for foreigners to do business. However, what is most chilling about the account is how many similarities exist between the way in which the Kazahkstan criminal justice system is handling this case and the way in which many recent criminal prosecutions against U.S. businesspersons have been handled in the American criminal justice system (a point made earlier here). Interestingly, several human rights organizations are weighing in with the Kazahkstan government about the handling of the Seidenfeld case, something that is unheard of in regard to similar prosecutorial tactics that are taking place in the U.S.

MLB team values

Major%20LeagueBaseball%20logo.gifForbes just published its annual valuation of Major League Baseball clubs, with the Stros rating a solid 11th among the 30 clubs at an estimated $442 million, or a bit more than a 1/3rd of the value of the top-ranked Yankees and about 60% of the value of the second-ranked Mets and Red Sox. The Texas Rangers are valued at about $80 million less than the Stros. Craig Depken provides some heavy duty analysis of the numbers and comes to the following conclusion:

In the business of baseball, especially in an era of free-agent salaries and the luxury tax, the more the team wins, the lower the profits. What’s going on? The source of this conundrum is the diminishing returns to quality on the revenue side: marginal improvements in team quality do not increase revenue as much. On the cost side, marginal improvements in team quality become ever more expensive.