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“Moneyball” wasn’t a failure; in fact it worked too well

The other day, ESPN’s Howard Bryant wrote an article calling the A’s “Moneyball” strategies a failure as a result of the A’s, um, recent failures.

Yesterday, Ilya Somin at The Volokh Conspiracy discredited the discrediting, arguing that, if anything, Moneyball worked too well for the A’s, and that the “Moneyball” approach to things (i.e. seek out market inefficiencies and exploit them) are still viable. She uses law school faculty recruitment and law school U.S. News ratings to make her case.

Hardcore sabermetic types will find this an old story, but it’s an interesting read if you’re at all into the whole Moneyball thing or if you give a hoot about law school stuff and/or economics.

(thanks to reader Bob Tufts for the heads up)