Stick to baseball, 5/26/18.

My ranking of the top 100 prospects for this year’s MLB draft is up for Insiders. I held a Klawchat on Friday.

Over at Vulture, my ranking of the 25 best mobile board game apps went up last week.

Smart Baseball is now out in paperback! I’ll be at Politics & Prose in DC on July 14th and am shooting for an event in the Boston suburbs on July 28th. Throw a comment below if you think you could make the latter event.

And now, the links…

Comments

  1. Did the Arrested Development interview sound like children trying to hide their parents’ fighting to the outside world? To me it really read like “If we act like it’s not a big deal, then people will stop talking about it, and then mom and dad won’t be thinking about it and they’ll be happy again!”

    That’s not to excuse anyone minimizing the harm, but it really didn’t sound like folks were trying to protect Tambor, they just didn’t want their little world to be undisturbed. I get the instinct (“If we act like it’s not a big deal then it’s not a big deal”) so I find it hard to think the other men were intentionally enabling abuse. It’s guys like that that you need to remind that them acting like it’s not big deal because it’s easier for them 1) makes women like Jessica Walter feel abandoned and 2) lets guys like Tambor do it again because there are no consequences.

    • That’s exactly why the problem hasn’t been resolved before, everyone’s been too worried about keeping the money rolling in to do the right thing.

  2. “You’ve probably seen the story that the feds have lost track of nearly 1500 migrant children forcibly separated from their parents. The collective non-response by our politicians is reminiscent of the pattern in pre-WWI Germany described by Hannah Arendt in her book The Origins of Totalitarianism.”

    . There are so many substantive parallels to the late 1920s and early 1930’s germany. This one is… HIGHLY alarming. This is how ethnic cleansing and/or genocide starts.

  3. I’d be interested in the Boston event

  4. Anyone who thought most companies would do anything BUT huge stock buybacks and dividend payouts after getting their tax cuts was pretty stupid. CNN had an article saying there’s been nearly $180 billion in buybacks since the tax cut, the most ever. The last time nearly that much was spent on buybacks was……just prior to the start of the Great Recession. Is it sad to think that only another such event might be the only thing to get Trump and other Republicans out of office?

    Here’s the story I referenced:

    http://money.cnn.com/2018/05/20/investing/stocks-week-ahead-buybacks-tax-cuts/index.html

  5. @Pat D

    Stock buybacks don’t mean much. Money doesn’t disappear when a company buys back its stock. The stockholders have it now. They can spend it (not bad for the economy), or invest it in other companies that use the money to expand. The fact that a bunch of companies don’t need the cash right now doesn’t mean others don’t.

    That said, the tax bill is bad on other grounds.

    • So you insist that stock buybacks are meaningless, but then you have to ask why they’re bad?

      O……K.

    • Yes. Turns out some people know things I don’t. I happen to think he’s missing something and not me, but both are possible. As long as we disagree, we should keep talking. You don’t have to worry about that, though; sounds like you already know everything.

  6. The 30 year old manchild rejected being called a millennial because he is “very conservative”. I imagine his buddies at 8chan didn’t realize he was one of their own, and he will be their idol after Jones gave him $3,000 so he can move out.

  7. The stock buybacks are bad. They shift wealth upward, and slow the velocity of dollars.

  8. @Paul
    How? (Sincerely asking.)

  9. Stock buybacks are of stocks that are primarily held by people investing a little bit in the market, and bought by by major ownership of the company… in other words, the control of the company is being held more tightly by a smaller number of people

    • But doesn’t the announcement of a buyback create a seller’s market, to the benefit of said small investor? And isn’t the small investor MORE likely to spend cash proceeds from the sale than a larger investor would be?

    • People aren’t selling the stock against their will though. The stock companies buy back is coming from a willing seller.

      I’m not saying that buybacks are the best use of the tax savings, but I don’t think they are “bad” in and of themselves, at least in the context of creating shareholder return, which is a primary responsibility of public companies.

    • Again, it’s more to do with the promises and assertions that are made when they pass these tax cuts. They always say how it will spur job hiring, investment and wage increases, and that typically never happens. So far with these tax cuts, there’s little to no evidence of any such things occurring as a result.

      But the corporations will enjoy those massive permanent tax cuts while yours and mine will expire in a few years.

  10. Sometimes, Facebook brings interesting articles to me and I think this is one. It’s about Dagen H in Sweden, the day in 1967 that Sweden switched from driving on the left side of the road (despite having mostly cars where drivers were on the left side) to the right side. The rest of continental Europe was driving on the right side of the road. It required lots of planning, including a huge media campaign by the government to inform everyone about it, and changing all road signs around the country in one night.

    http://www.bbc.com/capital/story/20180417-a-thrilling-mission-to-get-the-swedish-to-change-overnight

  11. Keith, I would definitely come to the Boston surburbs event. Hope you can make it happen!

  12. I would go to a Boston area event.