Starting at 1 pm ET. My latest board game review for Paste covers Matt Leacock’s Era: The Medieval Age, an update of his Roll Through the Ages: The Bronze Age that lets you build your own little fiefdom with 3D plastic buildings on a peg board.
Keith Law: Call them up, tell them about the new trends. Klawchat.
addoeh: MLB’s showcase event is going on. But instead of that, we have Brandon Taubman showing the world he is a complete ass, the Astros seeing nothing wrong with what he said, and Rob Drake itching to start a ‘cival’ war. I can’t blame Manfred is he’s shouting “what the f*ck” at no one in particular today.
Keith Law: Indeed. From a straight publicity perspective, the start of MLB’s showcase event – which features one of the best teams ever against a franchise from a city that hasn’t won a World Series since 1925 – has been a nightmare. And I won’t blame Manfred if he shouts that phrase at the Astros, who bungled the Taubman thing from the get-go. Put him on administrative leave, say you’re investigating, issue a blanket apology, and the issue withers.
Bill: Enjoyed your AFL writeup and was interested in more about Josh Lowe. Will he slow down given his size? What type of slash would you expect from him in his prime?
Keith Law: We all slow down eventually but I don’t think that’s a near-term concern for Lowe. I could see middling average, good OBP with power. Those guys were usually .250/.340/.500+ before the Happy Fun Ball.
Greg: Is Girardi a good hire for the Phils? Are am I just more relieved/thrilled they didn’t hire Dusty “Basecloggers are bad” Baker?
Keith Law: I think Girardi fits the profile of a guy who’ll be much better the second time around (technically third, but year one hardly counts). Baker would have been a fine choice for that club. The hazard they avoided was Showalter, who I think would have been a very poor fit for their current roster.
Kris: Raimfer Salinas project as an everyday player?
Keith Law: Too far away & inexperienced to put that specific a grade on him.
Rob in WI: Like you, I think it’s better if a new manager has had previous managing experience. But is the trend of someone starting in a Front Office and working into the dugout (The Counsell Method?) possibly an effective one if it streamlines the communication of the Front Office and the Clubhouse? (I have other concerns about David Ross, but I guess that’s aspect is a plus?). Thanks for the chats, Keith.
Keith Law: I think we have one successful example, Counsell, who still took a few years to develop into a competent tactical manager, and that’s nowhere near enough. And Ross wasn’t even a full-time front office person.
Greg: I sort of can’t believe it’s now an open question whether the Mets or Phillies manager position was the more attractive. I know he’s not a Wilpon and he helped land Harper, but do you see Middleton as overstepping in the managerial choices? The retread manager seems like a classic overcorrection. Maybe the Kapler hire didn’t work out, but I don’t think the overall philosophy was wrong. Just the personnel.
Keith Law: IMO, the Kapler hire worked out fine. He was fired because the pitching staff fell apart, and I don’t see how that’s his fault.
Moe Mentum: Francis Ford Coppola doesn’t like Marvel movies. Why is this a news story?
Keith Law: I really have no idea. I don’t even really care for Marvel movies, but this is definitely a “sssh … let people enjoy things” moment.
Ron: Kiriloff will be in the majors next July, next September or not at all?
Keith Law: Second half. Depends on his health and where the Twins are.
Regression to the mean: Good to see you, Gerrit, it’s been quite a while.
Keith Law: It’s hard to say from watching on TV but I thought he was overthrowing (overrotating his hips?) and it cost him command.
Ridley: I imagine you’re going to get a lot of questions like this, but that’s never stopped me before: Has there been a darker day for American democracy than yesterday?
The President’s attorney argued that the President not only can’t be prosecuted while in office; he can’t even be investigated.
Meanwhile, a gaggle of Republicans broke into a secure area brandishing cell phones, knowingly breaking the law, in an attempt to invalidate the impeachment process. This despite the fact that many of them were actually entitled to be in the hearings and that the doors were closed to non-committee members as per a rule created by John Boehner.
I’m hesitant to say we’ve reached the bottom, but I’m pretty sure we can see it from here.
Keith Law: The failure of the rest of the Republican party to condemn that little circus – led by perhaps their most embarrassing member – is the most disturbing part. Nothing matters as long as you cling to power.
Bmosc: Gut instinct on where Cole is 2020? If they strike out on him, are there any contingency plans for the Yanks that you think close the gap b/w them/Houston? Also, just announced Hicks is out 8-10 months b/c of TJ surgery. Gardner/Maybin back now or other attractcive options?
Keith Law: Still think Cole has at least as good a chance to end up with the Angels as the Yanks. Quite a few outfield options available to them if they fear Gardner’s age; would expect them to go outside for that.
Brian: Did Hinch panic a little in the 7th? The intentional walk to Soto made no sense given the situation.
Keith Law: I didn’t like the IBB but I understood him trying to get to a platoon advantage there while avoiding a high-OBP, high-damage hitter against whom they didn’t seem to have a great attack plan. He wasn’t the winning run, which to me makes it a tolerable move rather than a dangerously wrong one.
JP: better trade chip for the Mets: JD Davis or Dom Smith? Seems right now neither will have a spot in the field with Alonso taking 1B and Davis not a great glove anywhere.
Keith Law: Smith. Younger, better fielder, year seems less fluky to me.
Juwan: How much has Soto exceeded your expectations? I know that you liked him as a prospect but had him slightly below the elite tier of Tatis, Vlad jr and Acuna. Are you surprised at his ascension?
Keith Law: I am quite surprised. Way better plate discipline than he ever showed in A-ball.
T: Are you worried about the future of the sport? Between the continuing DV problems, and the more transparent-than-ever anti-labor attitudes prevailing (in terms of service time manipulation and valuing ownership profits over on-field product), and now this whole juiced/not-juiced ball…it seems like the entire sport is at a bit of a crossroads, no?
Keith Law: My worries are much more about the on-field product’s appeal and the potential that we’re pricing future fans out of the ballpark than serious but transient issues like DV (which has always been there, it just feels bigger now because these incidents make news & fans are vocal about them).
Gloria: Is there any hope for curing the misinformed Drake’s of the world? It’s one thing to not support impeachment, but a whole other to falsely believe that the GOP isn’t part of the process, it’s all being done secretly, etc. Or is there no hope b/c Fox News and GOP members themselves spew these lies?
Keith Law: From an MLB perspective, he probably needs to be given a very long time off, and required to refrain from posting on any social media.
CP: Any reason for hope of a championship in the next 20 years if you’re a Pirates fan?
Keith Law: Sure. Franchises have turned around in less than half of that time.
Timmins: What’s a realistic AAV we can expect for Cole? Will someone toss him an 8/240 type deal?
Keith Law: I think he’s getting that and maybe more. Maybe more like 6-7 years but a higher AAV. Would be shocked if he comes in under $30MM/year.
Mike: Keith, the Mets have Rosario at SS & 2 of their top prospects are SS also. Gimenez is hopefully a year or 2 away & Mauricio right behind him. Would it be prudent (insert Met joke here) to see if one of them can play OF, where there is a lack of prospects in the system? Of course it’s the Mets, so one might get moved for an overpaid reliever.
Keith Law: Gimenez just isn’t the same caliber of prospect as the other two; he’s there but not really relevant. Rosario’s second-half improvement is enough to leave him at short for the next year, at the least, and Mauricio is 2-3 years away, so you have plenty of time to let that resolve itself. If that makes Gimenez a trade piece, great. They’re already in for a few pennies on 2020.
Eric: Juan Soto should be the face of baseball for the next decade, but some dope pitcher is going to throw at him for having fun, then he’ll be ripped by “old-school” dopes and they’ll ruin our fun.
Keith Law: You know what’s weird? George Springer didn’t run that game 1 double out, and I didn’t hear broadcasters or read mainstream writers complaining about how he was ruining the sport. What’s the difference between him and Ronald Acuña or Manny Machado? No puedo identificarlo.
Rob : Any thoughts on the Padres managerial hire. At least he does have *some* managerial experience?
Keith Law: Great hire. Tingler has real managing experience and developmental experience, and that’s what the Padres need in the next two years. Green is like Kapler to me – the fans blamed him when the reality is the team wasn’t good enough to contend this year, and the manager wasn’t the reason they didn’t. Tingler seems like a great choice to shepherd the development of Tatis Jr., Urias, Gore, Patiño, etc. as the team starts to move more towards contention this year.
Tim: Is there any hope left for Corey Ray?
Keith Law: Not much, but nonzero chance.
Nate: What’s the ceiling for Eric pardinho?
Keith Law: Mid-rotation if everything works out. High floor, not high ceiling.
TP: How does eliminating 42 minor league teams help to grow the popularity of the game? I get some of the facility and travel arguments, but it seems an easier fix would be realignment and MLB teams paying for upgrades. Oh wait, maybe $ is the real issue here…
Keith Law: Nobody’s going to see most of those 42 franchises. I posted some of their attendance figures; they’re not attracting fans as it is.
Kyle: Klaw, The Mets drafted Jake Mangum last year in the 4th round. Can he be anything more than a 4th OF? The system is lacking in OF depth.
Keith Law: That’s his best case scenario for me.
Vander: Quick thoughts about Jose Israel Garcia? Has he become a guy?
Keith Law: Absolutely a GUY. Maybe their top healthy prospect right now.
hotshots1812: I know you generally prefer guys with past managing experience at some level but how do you feel about someone like Tim Bogar who has been a big league coach for ~10 years? Is an extended time as a big league coach roughly equivalent to managing a few years in the minors?
Keith Law: I don’t think I have enough data to answer that.
Jesse B : Assuming good health, is Adrian Morejon the Padres #3 behind Gore and Paddack in 2021?
Keith Law: If they try to make any kind of trade for an impact player this winter, I bet Morejon is in it.
T: Better baseball name right now than Jayce Tingler?
Keith Law: I saw Jax Biggers in the AFL.
AZ: Best 2019 movie you’ve seen so far?
Keith Law: I’ve only seen four, I think, but the good stuff is hitting theaters here now. Hoping to see Parasite Tuesday.
E: Prior to the W.S. the odds were around +195 for WAS and -220 for HOU. While Houston is the better overall team, who would bet on 2:1 odds in a 7 game series when the other team is a formidable opponent?
Keith Law: Those odds seem totally irrational to me. I’m listening to Leonard Mlodinow’s The Drunkard’s Walk right now, and he walks through this exact scenario; I think he’d agree 2:1 series odds would be bonkers.
TomBruno23: Is there a player of your youth that you thought was really good but when you look back on his sabermetrics now you think, “Well, maybe he wasn’t so good after all.”? For me it’s Vince Coleman.
Keith Law: Andre Dawson.
Maximus: Who is getting the job in Boston? I’m a Romero backer.
Keith Law: Every name I’ve heard is someone from outside the org. Jed Hoyer’s name comes up a lot. I don’t know if that’s real or just because he used to work there.
Robbie: Having been able to see prospects get their first taste of pro-ball (albeit a clear SSS), which teams would you say at this point had your top 3 ranked draft classes from this past year?
Keith Law: I would not change any answers based on such tiny samples.
Stephen: If you were Andrew Friedman, what would you do this offseason? Should the Dodgers just run it back, or actually try and chase the Yankees and Angles on Cole or go after Rendon?
Keith Law: Go for it. Team is built to win now. And accept that Kershaw isn’t what he was, which means signing Cole or Strasburg or Ryu, or trading for someone comparable.
Keith Law: I hear they want Rendon, who is a superstar, but they have a surfeit of infielders and I think they need more help in the rotation.
John: RE: Taubman… looks like the Astros might have karma against them this series.
Keith Law: I don’t believe that for a second. The Nats have just outplayed them.
Guest: If you’re Rendon, do you re-sign with the Nationals, knowing they have Turner, Soto, Robles, and the rotation, or do you maybe go somewhere else to either be the man or put a team over the hump? As a Nats fan I know what the easy answer is for me.
Keith Law: He’s taking the most money. I guarantee that, and why not? I would do the same.
Dean M: Hey Keith. I consider you as my top Scouting Dept and you helped me dominate for years. Just wanted to say thank you and keep up the great work!! Just one question… do you think Chris Sale’s best days are behind him? Or is this season just a one yr injury write off? Thanks again!!!
Keith Law: I don’t know – if he had just had elbow surgery, I’d be more comfortable saying he’ll bounce back in 2021, but now I really can’t guess.
Thomas: When it comes to positional prospects, the Tigers have nothing notable in their farm system (and nothing close to ML ready). The rebuild is probably behind schedule as a result. Should they be looking to trade someone like Faedo or Burrows for a hitting prospect or two? Or hang on for a couple years and see if the next two drafts help fill out the system.
Keith Law: Neither of those guys has enough value to get the hitting prospect you need.
Gloria: Fact or fiction? If the Pirates stayed the course and kept all of their guys (and got better coaches) they would have been contenders this year?
Keith Law: That’s two huge ifs together.
kglue: Speaking of Soto and plate discipline more generally, is there an asymmetric payoff coming into play? e.g. if you strikeout a lot but also hit a ton in the minors, you’ll get promoted with the thought, “they’ll get better at pitch recognition or plate discipline”, but that if you walk a ton and don’t show hit or power tools, you probably don’t get promoted. Kind of the old adage that no one walks their way off the island.
Keith Law: That was probably true 20 years ago, but far less so today.
Benji: Without much change in performance next year, what are your thoughts in general on George Springer as a FA next winter? Do you think his skill set will age well into his early-mid thirties or is any team likely going to regret committing to him long term?
Keith Law: Definitely the kind of player I’d project to hold value on both sides of the ball into his 30s.
Ted: What type of prospect is the pitcher from Korea who the Red Sox just signed?
Keith Law: I haven’t seen anything about them signing a Korean pitcher, sorry.
Snowy: What type of deal do you think Bumgarner would get on the open market? Local consensus seems to be ownership is opening the checkbook and re-signing him no matter what
Keith Law: If they want to do that, great, but they should let the market set his price. I wonder if demand will be tepid given how he looked this year.
Randy: What are your thoughts on K Bryant’s grievance? Of course Cubs manipulated time like every other team, but in 2015, both Mike Olt and Tommy LaStella got hurt and went on DL paving way for KB. Do you really think there is any way he is FA after 2020?
Keith Law: My assumption is he’ll get a financial settlement, not free agency. Yes, they manipulated service time, obviously. Can Boras prove this was the sole reason they didn’t promote him for Opening Day, enough to get a ruling that sets him free? That I doubt.
Pat D: If you go to Wikipedia’s page on the 2020 HOF balloting, for the Modern Baseball Committee, in addition to the 8 men not elected by that committee last time, they list 42 other players, umpires, managers and executives as possible candidates, most all of whom it seems you could at least have a discussion on whether they’re deserving. So it’ll be kinda sad when precious few ever get elected, right?
Keith Law: Those committees have really become an embarrassment to the Hall. I’ve had plenty to say about bad BBWAA selections, but whoa boy, we are way better than those guys.
Benji: If the Tigers were to seriously shop Matt Boyd this winter, do you think they’d be able to land a bat in the middle range of your top 100? Do you think they ought to shop him now regardless?
Keith Law: Yes and yes.
Ray: Isn’t it interesting how so many “patriotic” conservative pundits have never said a word about human rights abuses in China, until they saw an opportunity to yell at Lebron James for not saying enough about human rights abuses in China?
Keith Law: I posted a link to a piece from the Guardian this past Saturday that said exactly that.
Gloria: Can someone like Ray be fixed by another organization in the way you said the Astros fixed Cole or is it harder for hitters?
Keith Law: It’s never easy, but he’s had so many swing issues since entering pro ball, and yet has a good underlying sense of the strike zone, that I think there’s something there for the right development group. Would love to see what the Dodgers could do for him, to pick one example. Rays too.
TomBruno23: Finished The Mushroom Hunters yesterday, now all I want to do is try every mushroom out there. Checked out The Queen from my library today. Keep those book recs coming.
Keith Law: I have been on a similar quest for unusual mushrooms lately, but haven’t found any markets that sell them near me. If anyone has a rec for places in Philly or its environs, let me know. DiBruno’s let me down, unfortunately.
Jon G: How much scrutiny does a team that hires Gabe Kapler as a manager or front office executive deserve given how he handled allegations of abuse when with the Dodgers?
Keith Law: The public story on that does not match what I have been able to learn from talking to many people involved at the time (not including Kapler).
Todd: Florial, Garcia and Gil enough for Lindor?
Keith Law: No. The Yanks have done quite a job selling the public on Florial, but I don’t think the industry buys it.
addoeh: Regarding eliminating minor league teams, for the cities losing clubs in the east and mid-west, aren’t most of them fairly close, an hour drive or so, from another minor or even major league club? If the fans want to see professional baseball, they can.
Keith Law: And if an area has enough of a population to support another team, one will move there. Nobody in this system has any interest in keeping teams away from fans. Team owners at all levels want profits, which depend on fan bases. All of the markets I’ve heard might lose their teams are either very small or lack even remotely adequate facilities.
JR: Of the five managers hired so far (with three openings to go), all have been white guys. You think any minorities will get one of the final three positions? Any minority candidates you think that are deserving of a manager position?
Keith Law: I’m not optimistic.
Brad: What is Victor Robles ceiling? Is he a Jackie Bradley Jr.?
Keith Law: Totally different player.
Scott: Do you think Strasburg should opt out?
Keith Law: Yes, and I think he will.
Tom: Do you believe the ball has been de-juiced for the playoffs? Do you think it’s a sign of what’s ahead?
Keith Law: The baseball is clearly different. Not sure I believe it was deliberate, which is the popular accusation.
Joe: Joe Espada has twice been passed by guys who have zero experience (Boone and Ross). Is there something wrong with him as a potential hire?
Keith Law: I know nothing about Espada to answer that question, but passing over an experienced minority twice is a bad look for MLB.
Aaron Houston, Tx: What can we expect from Bobby Dalbec? Can he be a Devers type profile?
Keith Law: Totally different players.
Keith Law: Devers turns 23 today. Dalbec is already 24 and hasn’t reached the majors yet.
Salty: I vote independently and lean conservative. I don’t understand the love affair with the wealth tax proposed by the democratic candidates. It seems great in theory, but won’t the richest of the rich just use their high-priced accountants to avoid paying additional taxes like the plague? No one ever questions the candidates on that scenario? Am I completely wrong on the subject? It seems like there’s no chance the intended (hoped) revenue would ever come close to being realized.
Keith Law: Wealth is pretty hard to hide, harder than income is. I think the argument should be whether taxing the wealthiest Americans has any deleterious effects on our economy. I don’t think it does, but I don’t know the answer and I see very little discussion of it.
Pat D: Do you have an opinion about some films getting very little to no theatrical release and essentially premiering on streaming services? I’ve counted about 30 films between now and the end of the year that are set to be released that I’d like to see, so I’m not going to complain that I can stay home to watch a few of them.
Keith Law: I prefer it too since it’s 35 minutes for me to get to the Ritz art theaters in Philly.
Mike: Keith, where do you stand on the pace of play issue? It seems it takes so long between pitches now. 4 hour 9 inning games is ridiculous.
Keith Law: It’s not pace of play. It’s pace of game. There are too many commercials and too many breaks.
Rob k: NYC media is reporting there’s a potential BOMBSHELL candidate for the Mets job. Is it you?
Keith Law: It’s not, although with Tingler getting the San Diego job, there’s hope for us 5’6″ baseball dorks now.
Jason: Do you have a solution to the service-time manipulation for free agency? Regardless of where lines are drawn, teams will try to stay on the “good” side. Would age or time since signing be a better way to handle it?
Keith Law: I proposed one modest rule change back in March 2015.
Todd: How will teams get to Coors Field next season with the wall surrounding Colorado?
Keith Law: They’ll have to get really high.
Kris: Does the Girardi hire have any significance on the ability for the Phillies to get to playoffs, let alone win a title? Hard for any manager to succeed with a flawed, talet-poor roster and a franchise that’s unable to draft or develop talent. Not saying Girardi is a bad choice, but I think Kapler took the fall for a decade plus of organizational ineptitude (which doesn’t seem like it’s going to end anytime soon unless MacPhail is fired)
Keith Law: They need to go get another starter, and once again rebuild the bullpen. I do think Howard helps them in 2020, but he’s not the entire solution.
Jake: The category is: Guys who throw really hard but don’t get strikeouts because they work down in the zone and then they go to Houston. What’s the next name in this sequence: Morton, Cole…?
Keith Law: I would love to see Jon Gray in Houston.
RJ : What type of contract do you see Zach Wheeler commanding this offseason? I feel like teams might see him as a good player with great potential to take a step forward if he has an opportunity to play with better defense behind him. His advanced metrics seem to be great.
Keith Law: Buster swears Wheeler is getting 4+ years … good for him given how much time he missed with injuries. I do think he’s the third best starter on the market.
Chris: cast iron or carbon steel fry pan?
Keith Law: I own one of each.
Bruce: How well does managing in the minors translate to managing in the majors? With the handling of the players and in-game managment being so different I would think ML bench coach experience would be more valuable.
Keith Law: Is in-game management that different?
B Mand: I wanted to ask a follow-up to a question you answered last week about the Red Sox looking to see what the trade market is for Mookie. What kind of return would the Sox need to get in order to make this a worthwhile move?
Keith Law: At least two projected starters, either young MLBers or top prospects. Not just any ones, but good ones.
Eric: Went to Disney World with my family last week. Saw a guy in a red MAGA hat. It was really unsettling.
Keith Law: Well, he gave a lot of his money to one of the most LGBTQ+ friendly companies in the world to own the libs.
Larry Legend: I understand it’s not as simplistic as this but the old school scouty team beating the cold calculating really smart team makes me feel all warm and fuzzy inside.
Keith Law: Well, the Nats aren’t really “old school scouty.” They talk analytics as much as most clubs do.
Brian Godish: I’m asking this knowing the answer is “money”, but why don’t MLB teams invest some money in making their minor league facilities/travel a little bit more adequate? Teams are investing in their draft picks to produce, it would seem a decent nights sleep should be helpful for said draft picks/international signing. It seems crazy how the minors work from a financial perspective.
Keith Law: They don’t own the teams. There’s no reason for them to invest in facilities they won’t own, and that could benefit another parent org when the affiliation agreement is up.
John: Should the Twins give Odorizzi a QO?
Keith Law: Yes.
Chris B: Do you think the Indians move Lindor this offseason? If they have no plans of resigning him then this would be the perfect time to maximize the return.
Keith Law: They absolutely should. I don’t get the sense they will.
Oscar: Any cookbook recommendations for a complete novice? I’m talking super simple.
Keith Law: Joy of Cooking was the first real cookbook I ever used, and I think it’s perfect for a newbie.
Chris: If writing about baseball and board games isn’t an option, but you could write full time about either music or food, which would you choose?
Keith Law: Food. I find writing about music harder than any other things I write about; it’s the most subjective topic I hit on, and translating things I hear into words without lapsing into discussions of Phrygian modes or counterpoints is quite difficult. (And who the hell wants to read that kind of writing?)
Ricky: I’ve seen a lot of Blue Jays fans patting themselves and the organization on the back for getting rid of Osuna but…if they wanted to do the “right” thing, shouldn’t they have just cut him rather than exchange his value or something else (even if it’s at a diminished cost)? I’m not sure how much “credit” they (or any team that trades someone accused of DV for something of value) should get.
Keith Law: I have no issue with them handling it as they did. I’m actually unsure if they could just release the player under the DV policy.
Pat: By taxing “wealth”, what do do you do? These people don’t have those $$ lying around in cash, it’s in some non-liquid asset, like stock or real estate, etc. Make the wealthy sell assets to pay the wealth tax? Does that affect the value of the assets? I’m not saying high income shouldn’t pay more taxes, but, the logistics of taxing “wealth” seem fuzzy to me.
Keith Law: You open a separate argument, which is that our capital gains tax is WAY too low. We tax regular income more heavily than we tax capital gains, but capital gains tend to accrue to higher income earners and to the wealthy, not to the majority of American households.
Geralt of Rivia: Gut feeling – even with the talk of trimming the payroll, luxury tax, etc., do the Red Sox come to terms with Betts? Trade him in the offseason? Ride out 2020 with the hopes of being in contention?
Keith Law: Depends on who’s GM and what ownership wants to do, but I don’t see a good path to contention for them in 2020 with their current pitching staff.
Stu: Is toxic maleness endemic to baseball, and other male sports, or can it be fixed?
Keith Law: Toxic masculinity is endemic to any patriarchal society. It’s not just sports; they are the visible tip of a very large iceberg.
Scott: Hi Keith. Looking forward to reading book #2. What are your thoughts on Barber to the Phillies?
Keith Law: Nice guy. Don’t know much about his own philosophy, but he comes from an org that integrates traditional scouting and analytical tools about as well as any team does.
Ben: Any Seattle eats recommendations? I am headed there for work and know nothing about the food scene.
Keith Law: I haven’t been since 2001 (and it kills me).
Pat D: I find the combination of Buck and Smoltz to be pretty unbearable to listen. Do you feel that way or am I just convinced that they both hate the Yankees and make no attempt to hide that?
Keith Law: I have watched all of their games without the sound. Smoltz’s attitude on modern players and especially on analytics does MLB no favors at all. Actually, I did hear a bit of game one, and I think he referred to Scherzer “going to the computer” in Max’s brain to figure out how to get some hitter out. I mean, John, that’s what analytics departments do. So it’s okay if a player uses his fallible memory, but not okay if we use the ACTUAL FUCKING DATA?
Craig: Why aren’t more major league teams simply buying affiliates when they come up for sale? The easy way to guarantee a good location/good facilities is to own the team yourself.
Keith Law: Then you have to run the teams.
Geralt of Rivia: Are fantasy and sci-fi genres that you are less interested in? (movies/tv/books) I think I just see you talk about them less, no judgment just curious.
Keith Law: Not true at all. I’ve read every Hugo winner but four (Cyteen, the two Mars books, and this year’s winner).
Allen: Wealth is actually much easier hide then income, primarily because there is much more ambiguity in terms of what someone’s actual wealth is. Several European countries have eliminated their wealth tax because the costs of collecting it weren’t worth the revenue gained. https://www.accountingtoday.com/articles/democrats-love-a-wealth-tax-b…
Keith Law: Bookmarking this to read later, thank you.
Chris: If invited, would you ever sit for an interview on Hot Ones? And how far up the Scoville Scale could you go?
Keith Law: I would, but not very far.
Vincent Adultman: Do you think Didi would accept a QO?
Keith Law: No. He’s a top ten FA this winter.
Gloria: I’m sure some of your readers/trolls are upset by the MAGA hat comment, but I hope they realize that for me and many others it’s like seeing a KKK hood, swastika, etc.
Keith Law: If you choose to wear that hat, you are doing so with the full understanding that many people will see it and find it offensive – and that, Mr. Luhnow, is “intent.”
Sean: I believe you really liked Zadie Smith’s White Teeth. Do you plan on checking out her new short story collection Grand Union?
Keith Law: Eventually yes. Read On Beauty and Swing Time, both fine, neither measured up to White Teeth.
Buscon Bob: How awful is the Cubs pitching development part of their farm system? Baltimore bad?
Keith Law: They haven’t drafted much pitching either – their strategy was always to draft bats and trade for or sign pitchers. Hard to kill their player development for failing to develop prospects they never had.
John: Did you read beyond the Three-Body Problem?
Keith Law: I didn’t; it was fine, but felt no need to move on from there. The whole unfolding-the-proton gambit was right up against the edge of the envelope for me … I was like, okay, I think I’m good here.
Dave: re Taubman – is it normal for front office types to be in the locker room during celebrations, etc.? Was this always the case?
Keith Law: Yes, it’s normal, and I have no objection to him or any other FO personnel being there.
Pat: Agree on capital gains, it should be higher taxed. Never understood why the tax rate is tied to how long you owned the asset.How about a sloped capital gains tax % based on amount gained, similar to income tax? Maybe the top tier is 50% for any gain over $5M or something?
Keith Law: Sure, at least that’s moving in the right direction – and while it will somewhat disincentivize capital investment, I don’t think that will stop anyone from trying to found the next Amazon or Facebook either. Set it at a rate where investors will still think they can get rich, even though they may give nearly half of it to the government in taxes.
Pat: Odds that Taubman was drunk in the clubhouse? That’s my hunch. Not that that’s an excuse, but it led him to say the quiet part of what surely was an internal talking point about this reporter continuously pointing out that Osuna is a scumbag out loud
Keith Law: If he was, well, in vino veritas.
Moe Mentum: Who was more musically innovative, David Bowie or David Byrne? How about most *influential*?
Keith Law: Don’t know their oeuvres enough to answer the first one but Bowie was certainly more influential.
Patrick: Who do you believe is the top prep righty in the 2020 class? Abel? Kelley?
Keith Law: Probably Kelley right now, with Abel 2. Definitely the top two guys.
Bruce: Thoughts on The Mets interviewing Eduardo Perez?
Keith Law: Very happy for him.
Keith Law: That’s all for this week. Thanks to all of you, especially the substantial portion of you named “Pat,” for reading and for all of your questions. Keep an eye out for my Paste list of the top board games of the 2010s, and for a formal announcement about my second book, The Inside Game, in the next few days. Enjoy your weekends!
I didn’t get the chance to get into the chat real-time, but just wanted to point out Tim Bogar has both MLB (14-8 as interim manager of the Rangers) and MiLB (winning record, two-time MOY) experience. IMO he’s an excellent stealth candidate; teams just can’t ask permission to talk with him until after the WS.
Other problems with a wealth tax include issues with declining markets – you have $50 m in stock wealth and stock market sells off 10%. You lose $5m in market value and you owe additional taxes – you need to sell more stock(s) to come up with cash to pay those taxes. This causes additional market pressure because a lot of people are selling etc. Now you’re down to ~$44m in wealth and the next year you get banged again? I don’t have all the answers and I realize this is a very high class problem but the wealth will get scattered and quickly. Wealth will transfer to art, closely held family businesses and other very hard to value assets and a lot of capital will leave the system. VAT may be the better way to go with a sliding scale on higher luxury items etc. I really don’t know the answer but it’s not so simple as taxing the wealth.
This is the issue with RMDs, which are a much higher % of the asset and affect a much larger percentage of the population. It sucks, but you deal with it.
That and it’s unconstitutional.
The American Bar Association disagrees.
Most others disagree: https://www.forbes.com/sites/peterjreilly/2019/06/25/wealth-tax-that-pesky-constitution-might-get-in-the-way/#4db586cb779c
You made the claim that it is unconstitutional. That is simply not supported by available evidence. If it were, then everyone, especially the ABA, would agree.
To the person with the Bowie / Byrne question, the answer is Brian Eno, who was the source of their most innovative music imo
Still patiently waiting for that Hugo-winner ranking. Very patiently. (Also curious what you’ll think of Cyteen.)
(But seriously, thanks for coming on my podcast. That was very cool.)
As far as the question of selling assets to pay taxes, it seems to me that the government doesn’t really care much about how I manage to pay my property taxes or my vehicle taxes (taxes on assets that aren’t liquid), so I’m sure the millionaires and billionaires can figure something out.
If introducing a wealth tax would cause financial markets to decline substantially, isn’t that an argument FOR a wealth tax? That sounds like asset prices are dependent on individuals/families exchanging paper wealth among each other. In which case, who cares if they siphon some of their assets into harder-to-find assets, if tax revenues still increase overall?
I mean, yes, God, this country needs to increase capital gains taxes, increase the number of tax brackets, and increase upper income tax brackets rates (a lot). But proposals for a wealth tax really seem to attract criticism which amounts to, charitably, letting the perfect be the enemy of the good.
Every pension, 401k, IRA, variable annuity etc contains financial assets. If you think a substantial decline in financial markets is a good thing, god speed. There is no real evidence that a wealth tax would cause a substantial decline but the idea that it would be a good thing is not smart.
If you think a substantial decline in financial markets is a good thing,
I never said that. There’s no discussion to be had here if you’re going to fabricate arguments.
I think that was in reply in Jon, who I did interpret to effectively say that with: If introducing a wealth tax would cause financial markets to decline substantially, isn’t that an argument FOR a wealth tax?
I don’t at all agree with financial markets going down being a good thing, but I do think a wealth tax (and capital gains taxes) are in theory better than raising income taxes since I believe wealth inequality is a bigger problem than income inequality. Or maybe said a better way, I think economic mobility is the bigger problem and is due to wealth inequality.
“sssh … let people enjoy things” The world would be a better place if this were the default position before criticising unimportant shit.
I have visited Seattle many times, and the city’s leading restaurateur is Tom Douglas. I’ve eaten at half a dozen of his establishments, and never been disappointed:
https://www.tomdouglas.com/restaurants
Yes, the mushroom pizza at Serious Pie was excellent. And Keith is probably wishing he saw Corbin Carroll last year now.
Good call, Charles.
Other choices with views of South Lake Union are:
– Daniel’s Broiler
– Canlis (probably Seattle’s finest restaurant, note the dress attire)
I would add Junebaby (Edouardo Jordan) and The Walrus & the Carpenter (Renee Erickson) to that list.
Here’s the real problem with a wealth tax. Do the math. Mark Zuckerberg is work 73 Billion. Warren wants to tax his wealth at 2%. You can’t measure his annual tax bill under such a system on a standard calculator. 2% of a billion is $20 million. His annual tax bill under that system is $1.46 billion. He will have to dump Facebook stock to pay that bill. A lot of stockholders are going to get hurt and that includes every American with a 401K. The same goes for Jeff Bezos and Bill Gates and hundreds of other billionaires who made their money off of stock value of their companies. A wealth tax is a prescription for a massive loss of assets throughout the economy, including pension funds, 401Ks, and insurance reserve funds.
BTW, Keith, capital gains tax sucks. In the 1990s as a little everyday worker bee, I made a stock bet on a dying company. My stock sold during the flash crash of 2010 and I had to pay about 25% on the gain. It was a big hit and it had to be paid that week because of tax law. Consider this: As a $40K a year employee in the 1990s, I took the risk of putting after tax income (almost all my savings) into a dying stock and won my bet. 15 years later I got taxed on the gain. Capital gains is double taxation and it sucks.
This is just not an argument against the capital gains tax. You had a big gain and paid taxes on it. You weren’t taxed twice (“double taxation”); the capital gains tax you paid was on the increased asset value, not on the initial income/investment.
As for the first part, you omitted the part where the $1.46 billion is then spent by the government, which creates economic activity. Putting that money into infrastructure repairs/upgrades would create a slew of jobs and improve transportation routes for businesses and individuals. Putting it into funding health insurance would reduce outlays for emergency care for the uninsured and improve educational outcomes, which has substantial long-term implications for those kids and thus for our workforce. Putting it into subsidizing clean energy sources would help fight climate change and create jobs. My question is whether the benefits of this increased government revenue & associated spending would outweigh the costs, which I think you overstate anyway (e.g., fewer than half of American households have 401Ks or pensions, and very few individual stocks would be affected by this, so mutual funds would likely diversify away from those companies).
Keith: Do you really think the collapse of the stock value of companies like Facebook, Amazon, and Google would not affect the entire stock market?
You are assuming those values would “collapse,” without evidence.
Hey there, I work in finance (I’m a Chartered Financial Analyst) and there is not much evidence that increasing the number of shares sold in a year would cause stock prices to drop dramatically. You would essentially be increasing the number of shares that were available to be traded, but the company’s underlying financial results wouldn’t decline because more shares were sold. In addition , the companies themselves could also decide to just buy back the shares that their founders needed to sell.
Keith – I replied to Jon who did say a collapse in financial markets was a reason FOR a wealth tax. His emphasis. Also I agree there is no evidence a wealth tax would cause a market collapse but to think that it would only impact a handful of stocks/companies if when is naive. Every etf, index fund, mutual fund etc contains all of these stocks and many others and every large cap company would have execs effected by the tax. Also every retirement plan across the country holds financial assets which is tens of millions of people. Again there is no guarantee of a collapse here but the capital markets/capital investment would 100% be impacted and to think anything else is naive. You’re out of your element here and leave it at that.
You’re out of your element here and leave it at that.
I never said capital markets wouldn’t be impacted, or said anything close to that. If you can’t engage in a civil discussion without denigrating my knowledge or that of others here, please refrain from commenting.
The “Korean” pitcher whom the Red Sox signed is actually a 20 year old two/three-way prospect Chih-Jong Liu from Taiwan. He was clocked at 158 km ( 98 mph) during the collegiate tournament in Taiwan. He also plays shortstop with some pop. He is currently viewed as the one of, if not, the best Taiwanese amateur prospect. The media here in Taiwan, of course, is overhyping him and compares him to Shohei Ohtani (I mean, who ekse?).
Klaw,
In the above discussion you state “You open a separate argument, which is that our capital gains tax is WAY too low.” Is it that our Cap Gains is too low, or are income taxes simply too high?
Our income tax rates are not too high. U.S. tax revenue as a percent of GDP is extremely low for a developed country.
Well that comp includes Denmark, Norway, Sweden etc, countries that have astronomical tax rates that aren’t at all comparable to ours. But, does that mean that tax rates are too low or that we aren’t exploring other methods for raising revenue? National sales tax, etc.
Norway’s top marginal rate is lower than ours, Rick. And the three countries you cited are simply better off than we are: they have less poverty, they have universal health care, they score higher on the Happiness Index, etc.
Sales taxes are regressive. I do not and can not support any taxation scheme that asks the lowest income strata to pay more.
Quite a few countries tax capital gains the same as an other form of income, and I don’t see much if any downside to that approach.