Publications

Op-Ed | Library of Econ & Liberty | U of C Magazine | Book Reviews | Chicago Life
Milken Institute Review | Professional Manuscripts & Publications | Misc/Other

Op-Ed

The Library of Economics and Liberty
Incentives, Incentives, Incentives
The Library of Economics and Liberty
March 3, 2008

de Minimis
The Library of Economics and Liberty
September 3, 2007

Bend it Like (Yogi) Berra
The Library of Economics and Liberty
August 7, 2006

The Price is Right
The Library of Economics and Liberty
October 3, 2005

Power to Which People?
The Library of Economics and Liberty
December 6, 2004

The Puzzling Economics of Sports
The Library of Economics and Liberty
May 3, 2004

University of Chicago Magazine

Wealth of Notions
December, 2001

Bottom-Line Drive
June, 1995

Book Reviews

Choosing a College 
by Thomas Sowell

Randomistas: how radical researchers are changing our world 
by Andrew Leigh

The open sea: the economic life of the ancient Mediterranean world from the Iron Age to the rise of Rome 
by Joseph Manning

Putinomics: power and money in resurgent Russia 
by Chris Miller

WTF?!: an economic tour of the weird 
by Peter Leeson

The economics of music 
by Peter Tschmuck

Basic income: a radical proposal for a free society and a sane economy
by Phillippe van Parijs

No Boston Olympics: how and why smart cities are passing on the torch
by Chris Dempsey

Dream hoarders: how the American upper middle class is leaving everyone else in the dust, why that is a problem, and what to do about it
by Richard V. Reeves

When sport meets business: capabilities, challenges, critiques
edited by Ulrik Wagner, Rasmus K. Storm, and Klaus Nielsen

National Basketball Association franchises: team performance and financial success
by Frank P. Jozsa, Jr.

Will big league baseball survive?: globalization, the end of television, youth sports, and the future of Major League Baseball
by Lincoln Abraham Mitchell

The business of sports agents
by Kenneth L. Shropshire, Timothy Davis, and N. Jeremi Duru

Unlocking happiness at work: how a data-driven happiness strategy fuels purpose, passion and performance
by Jennifer Moss

Policies for happiness
edited by Stefano Bartolini et al

Equal is unfair: America's misguided fight against income inequality
by Don Watkins and Yaron Brook

Naked money: a revealing look at what it is and why it matters
by Charles Wheelan

Understanding Ponzi schemes: can better financial regulation prevent investors from being defrauded?
by Mervyn K. Lewis

The Oxford handbook of professional economic ethics
edited by George F. DeMartino and Deirdre N. McCloskey

The age of stagnation: why perpetual growth is unattainable and the global economy is in peril
by Satyajit Das

How would you like to pay?: how technology is changing the future of money
by Bill Maurer

Income inequality: why it matters and why most economists didn't notice
by Matthew P. Drennan

Chicagonomics: the evolution of Chicago free market economics
by Lanny Ebenstein

Billion-dollar ball: a journey through the big-money culture of college football
by Gilbert Gaul

Economics rules: the rights and wrongs of the dismal science
by Dani Rodrik

Wealth, poverty, and politics: an international perspective
by Thomas Sowell

Phishing for phools: the economics of manipulation and deception
by George Akerlof and Robert J. Shiller

The great divide: unequal societies and what we can do about them
by Joseph E. Stiglitz

The graduate school mess: what caused it and how we can fix it
by Leonard Cassuto

The economics of inequality
by Thomas Piketty

The real college debt crisis: how student borrowing threatens financial well-being and erodes the American dream
by William Elliott III with Melinda K. Lewis

Economics of competitive sports
by Placido Rodriguez, Stefan Kesenne, and Ruud Koning

Sports and labor in the United States
by Michael Schiavone

Will college pay off?: a guide to the most important financial decision you'll ever make
by Pete Cappelli

Cheated: the UNC scandal, the education of athletes, and the future of big-time college sports
by Jay M. Smith and Mary Willingham

Century of the leisured masses: entertainment and the transformation of twentieth-century America
by David George Surdam

A random walk down Wall street: the time-tested strategy for successful investing
by Burton G. Malkiel

The happiness industry: how the government and big business sold us well-being
by William Davies

Designing the new American university
by Michael M. Crow and William B. Dabars

Hall of mirrors: the Great Depression, the great recession, and the uses--and misuses--of history
by Barry Eichengreen

Locus of authority: the evolution of faculty roles in the governance of higher education
by William G. Bowen and Eugene M. Tobin

Leading research universities in a competitive world
by Robert Lacroix and Louis Maheu

Happiness and virtue ethics in business: the ultimate value proposition
by Alej Jose G. Sison

Irrational exuberance
by Robert J. Shiller

Circus maximus: the economics gamble behind hosting the Olympics and the World Cup
by Andrew Zimbalist

The leading indicators: a short history of the search for the right numbers
by Zachary Karabell

Handbook on the economics of professional football
edited by John Goddard and Peter Sloane

Lives of the laureates: twenty-three nobel economists
edited by Roger W. Spencer and David A. Macpherson

Rozelle: a biography
by Jerry Izenberg

How does my country grow?: economic advice through story-telling
by Brian Pinto

The end of normal: the great crisis and the future of growth
by James K. Galbraith

The mystery of the invisible hand: a Henry Spearman mystery
by Marshall Jevons

How Adam Smith can change your life: an expected guide to human nature and happiness
by Russ Roberts

Bad paper: chasing debt from Wall Street to the underworld
by Jake Halpern

The shifts and the shocks: what we've learned--and have still to learn--from the financial crisis
by Martin Wolf

Unaccountable: how elite power brokers corrupt our finances, freedom, and security
by Janine R. Wedel

The new psychology of money
by Adrian Furnham

Economics: the user's guide
by Ha-Joon Chang

Money, blood and revolution: how Darwin and the doctor of King I could turn economics into a science
by George Cooper

Homo economicus: the (lost) prophet of modern times
by Daniel Cohen

Capital in the twenty-first century
by Thomas Piketty

Basic income and the free market: Austrian economics and the potential for efficient redistribution
edited by Guinevere Liberty Nell

Average is over: powering America beyond the age of the great stagnation
by Tyler Cowen

The king of sports: football's impact on America
by Gregg Easterbrook

The bet: Paul Ehrlich, Julian Simon, and our gamble over Earth's future
by Paul Sabin

Stretching the higher education dollar: how innovation can improve access, equity, and affordability
edited by Andrew P. Kelly and Kevin Carey

Remembering inflation
by Brigitte Granville

Baseball and the bottom line in World War II: gunning for profits on the home front
by Jeff Obermeyer

Global crossings : immigration, civilization, and America
by Alvaro Vargas Llosa

Is college worth it? : a former United States Secretary of Education and a liberal arts graduate expose the broken promise of higher education
by William J. Bennett and David Wilezol

The baseball trust: a history of baseball's antitrust exemption
by Stuart Banner

Jane Austen, game theorist
by Michael Suk-Young Chwe

Dollars and sex: how economics influences sex and love
by Marina Adshade

Conscious capitalism: liberating the heroic spirit of business
by John Mackey and Ray Sisodia

The success equation: untangling skill and luck in business, sports and investing
by Michael J. Mauboussin

The cost disease: why computers get cheaper and health care doesn't
by William J. Baumol

The new New Deal: the hidden story of change in the Obama era
by Michael Grunwald

Behavioral economics for dummies
by Morris Altman

Wealth and poverty: a new edition for the twenty-first century
by George Gilder

Red ink: inside the high-stakes politics of the federal budget
by David Wessel

What money can't buy: the moral limits of markets
by Michael J. Sandel

The escape artists: how Obama's team fumbled the recovery
by Noah Scheiber

Struggling with success: challenges facing the international economy
by Anne O. Krueger

Happiness
by Brent Greve

The assumptions economists make
by Jonathan Schlefer

Borderless economics:Chinese sea turtles, Indian fridges and the new fruits of global capitalism
by Robert Guest

The price of civilization: reawakening American virtue and prosperity
by Jeffrey D. Sachs

Predicting presidential elections and other things
by Ray C. Fair

Happiness, ethics, and economics
by Johannes Hirata

The happiness equation: the surprising economics of our most valuable asset
by Nick Powdthavee

Beauty pays: why attractive people are more successful
by Daniel S. Hamermesh

The tyranny of utility: behavioral social science and the rise of paternalism
by Gilles Saint-Paul

Fighting poverty together: rethinking strategies for business, governments, and civil society to reduce poverty
by Aneel Karnani

Wins, losses, and empty seats: how baseball outlasted the Great Depression
by David George Surdam

Big-time sports in American universities
by Charles T. Clotfelter

The economics of enough: how to run the economy as if the future matters
by Diane Coyle

The economist's oath: on the need for and content of professional economic ethics
by George F. De Martino

Beyond the invisible hand: groundwork for a new economics
by Kaushik Basu

The price of everything: solving the mystery of why we pay what we do
by Eduardo Porter

Circling the bases: essays on the challenges and prospects of the sports industry
by Andrew Zimbalist

The Irrational economist: making decisions in a dangerous world
by Erwann Michel-Kerjan and Paul Slovic

Smart ball: marketing the myth and managing the reality of Major League Baseball
by Robert F. Lewis II

The end of influence: what happens when other countries have the money
by Stephen S. Cohen and J. Bradford DeLong

Red line, blue line, bottom line: how push came to shove between the National Hockey League and its players
by Marc Edge

Stumbling on wins: two economists expose the pitfalls on the road to victory in professional sports
by David J. Berri and Martin B. Schmidt

The upside of irrationality: the unexpected benefits of defying logic at work and at home
by Dan Ariely

The plundered planet: why we must--and how we can--manage nature for global prosperity
by Paul Collier

The myth of the rational market: a history of risk, reward, and delusion on Wall Street
by Justin Fox

The gridlock economy: how too much ownership wrecks markets, stops innovation, and costs lives
by Michael Heller

Vulture culture: dirty deals, unpaid claims, and the coming collapse of the insurance industry
by Eric D. Gerst

The price of everything: a parable of possibility and prosperity
by Russell Roberts

The Business of sports: v.1: Perspectives on the sports industry; v.2: Economic perspectives on sport; v.3: Bridging research and Practice
ed. by Brad R. Humphreys and Dennis R. Howard

Predictably irrational: the hidden forces that shape our decisions.
by Dan Ariely

Counterfeit amateurs: an athlete's journey through the >sixties to the age of academic capitalism.
by Allen L. Sack

Crunch: why do I feel so squeezed? (and other unsolved economic mysteries)
by Jared Bernstein

The mind of the market: compassionate apes, competitive humans, and other tales from evolutionary economics
by Michael Shermer

Solutions for the world's biggest problems: costs and benefits
ed. by Bjørn Lomborg

More sex is safer sex: the unconventional wisdom of economics
by Steven E. Landsburg

Equal Play: Title IX and social change
ed. by Nancy Hogshead-Marak and Andrew Zimbalist

Speaking of Economics: how to get in the conversation
by Arjo Klamer

A Farewell to Alms: a brief economic history of the world
by Gregory Clark

Econospinning: how to read between the lines when the  media manipulate the numbers
by Gene Epstein

The Baseball Economist: the real game exposed
by J. C. Bradbury

The Economics of Association Football
ed. by Bill Gerrard

Handbook on the Economics of Sport
ed. by Wladimir Andreff and Stefan Szymanski

The soulful science: what economists really do and why it matters
by Diane Coyle

On the Wealth of Nations
by P.J. O'Rourke

Inside the Economist's Mind: conversations with eminent economists
ed. by Paul A. Samuelson and William A. Barnett

Big sports, big business: a century of league expansions, mergers, and reorganizations.
by Frank P. Jozsa, Jr.

The bottom line: observations and arguments on the sports business.
by Andrew Zimbalist

The Sports Industry's War on Athletes
by Peter Finley and Laura Finley

The wages of wins: taking measure of the many myths in modern sport
by David J. Berri, Martin B. Schmidt, and Stacey L. Brook

Artificial ice: hockey, culture, and commerce
ed. by David Whitson and Richard Gruneau. 

On Classical Economics
Thomas Sowell

Baseball between the numbers: why everything you know about the game is wrong, by the experts at Baseball Prospectus: James Click et al
ed. by Jonah Keri

The undercover economist: exposing why the rich are rich, the poor are poor--and why you can never buy a decent used car!
by Tim Harford

Class matters
by correspondents of The New York Times

Bait and switch: the (futile) pursuit of the American dream
by Barbara Ehrenreich

Aiding students, buying students: financial aid in America
by Rupert Wilkinson

Operation Yao Ming: the Chinese sports empire, American big business, and the making of an NBA superstar
by Brook Larmer

Restoring fiscal sanity, 2005: meeting the long-run challenge
ed. by Alice M. Rivlin and Isabel Sawhill

National pastime: how Americans play baseball and the rest of the world plays soccer
by Stefan Szymanski and Andrew Zimbalist

Equity and excellence in American higher education
by William G. Bowen, Martin A. Kurzweil, and Eugene M. Tobin with Susanne C. Pichler

Retro ball parks: instant history, baseball, and the new American city
by Daniel Rosensweig

Global crises, global solutions
ed. by Bjørn Lomborg

The meaning of Ichiro: the new wave from Japan and the transformation of our national pastime
by Robert Whiting

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Professional Manuscripts and Publications

" Integrating Sports into Economics Teaching" Allen R. Sanderson and John J. Siegfried; Handbook, 2022. "The Nobel Prize in Economics Turns 50" Allen R. Sanderson and John J. Siegfried; The American Economist, Volume 64, Issue 2, September 2019. "The Economics of the National Collegiate Athletic Association" Allen R. Sanderson and John J. Siegfried; The SAGE Handbook of Sports Economics, September 2019, pp. 112-122. "The Roll of Broadcasting in National Collegiate Athletic Association Sports" Allen R. Sanderson and John J. Siegfried; Review of Industrial Organization; October 24, 2017. "The National Collegiate Athletic Association Cartel: Why it Exists, How it Works, and What it Does" Allen R. Sanderson and John J. Siegfried; Review of Industrial Organization; October 13, 2017. "The National Collegiate Athletic Association Cartel: Why it Exists, How it Works, and What it Does" Allen R. Sanderson and John J. Siegfried; Symposium, University of Florida; February 24, 2017: "The NCAA Cartel" "The Roll of Broadcasting in National Collegiate Athletic Association Sports" Allen R. Sanderson and John J. Siegfried; Symposium, University of Florida; February 24, 2017: "The NCAA Cartel" "Economics, Sports, and the Environment: Incentives and Intersections" Allen R. Sanderson and Sabina L. Shaikh; Routledge Handbook of Sport and Environment, April 2017 "The Case for Paying College Athletes" Allen R. Sanderson and John J. Seigfried; Journal of Economic Perspectives (Vol. 29, No. 1), Winter 2015 "An Analysis of the Political Economy of Bidding for the Summer Olympic Games: Lessons from the Chicago 2016 Bid" Robert A. Baade and Allen R. Sanderson, 2011 "Pitfalls of Traditional Measures of Higher Education's Role in Economic Deveopment" Peter McHenry, Allen R. Sanderson, and John J. Siegfried, 2011 "The Economic Impact of Colleges and Universities" Allen R. Sanderson, John Siegfried, and Peter McHenry; Change, March/April 2008 "Simon Rottenberg and Baseball, Then and Now:  A Fiftieth Anniversary Retrospective."  Allen R. Sanderson and John Siegfried; JPE, 2006, 114(3), pp. 594-605. "The Economic Impact of Colleges and Universities" Allen R. Sanderson,  John Siegfried and Peter McHenry; Economics of Education Review  "A Home for the NFL Chicago Bears:  A Case Study in Political  Economy and Power" July, 2004 "Economics: The Sexy and Social Science? Keeping Economics from Becoming a Sexy Social Science" John J. Siegfried and Allen R. Sanderson; Southern Economic Journal, 2003, 10(1), pp. 209-14 "Thinking About Competitive Balance" Allen R. Sanderson and John J. Siegfried; Journal of Sports Economics, 2003, 4(4), pp. 255-79 "The Many Dimensions of Competitive Balance" Journal of Sports Economics, 2002, 3(2), pp. 204-28 "Interstate Migration Patterns of Recent Science and Engineering Doctorate Recipients" Allen R. Sanderson and Bernard Dugoni; InfoBrief: National Science Foundation; February 2002. >

"Labour Markets in Professional Sports" Sherwin Rosen and Allen R. Sanderson; Economic Journal, 2001, 111(469), pp. F47-68 "Sherwin Rosen, 1938-2001" Journal of Sports Economics, 2001, 2(3), pp. 211-12 "The American Faculty Poll" Allen R. Sanderson, Voon Chin Phua and David Herda; Chicago, Ill: National Opinion Research Center, 2000 "In Defense of New Sports Stadiums, Ballparks and Arenas" Marquette Sports Law Journal, 2000, 10(2), pp. 173-192 "Using Sports to Teach Economics" John J. Siegfried and Allen R. Sanderson, in W. E. Becker and M. Watts: Teaching Economics to Undergraduates: Alternatives to Chalk and Talk. Cheltenham, U.K. and Northampton, Mass.: Elgar, 1998, pp 161-83 "An Analysis of Worker Drug Use and Workplace Policies and Programs" John P. Hoffmann, Cindy Larison and Allen Sanderson; DHHS Publications; No. (SMA) 97-3142; Analytic Series; A-2; SAMHSA Office of Applied Studies, 1997 "The Employment Effect of Teams and Sports Facilities" Robert A. Baade and Allen R. Sanderson, in R. G. Noll and A. Zimbalist: Sports, Jobs, and Taxes: The Economic Impact of Sports Teams and Stadiums. Washington D.C.: Brooking Institution Press, 1997, pp. 92-118 “Bearing Down in Chicago: Location, Location, Location” Robert A. Baade and Allen R. Sanderson, in R. G. Noll and A. Zimbalist: Sports, Jobs and Taxes: The Economic Impact of Sports Teams and Stadiums. Washington, D.C.: Brookings Institution Press, 1997, pp. 324-54   "Cities Under Siege: How the Changing Financial Structure of Professional Sports is Putting Cities at Risk and What to do about it" Robert A. Baade and Allen Sanderson in Advances in the Economics of Sport, Volume 2. JAI Press, 1997, pp. 77-114.   "Minor League Teams and Communities” Robert A. Baade and Allen R. Sanderson, in R. G. Noll and A. Zimbalist: Sports, Jobs and Taxes: The Economic Impact of Sports Teams and Stadiums. Washington, D.C.: Brookings Institution Press, 1997, pp. 452-93   "The Implication of athlete freedom to contract: lessons from North America" Allen R. Sanderson and John J. Siegfried in Economic Affairs: The Economics of Sports; Journal of the Institute of Economic Affairs. Oxford, UK and Malden, MA: Blackwell Publishers, 1997, 17(3), pp. 7-12.   "National Education Longitudinal Study 1988-1994: Descriptive Summary Report: With an Essay on Access and Choice in Postsecondary Education" Allen R. Sanderson, Bernard Dugoni, Kenneth Rasinski and  John Taylor; Statistical Analysis Report; Variation: Statistical Analysis Report (National Center for Education Statistics) Report No: Nces 96-175; Washington, D.C.: U.S. Dept. of Education Office of Educational Research and Improvement, 1996   "Financing Graduate Education: Graduate Student Borrowing, Needs of the Disadvantages and Underrepresented, and the Climate for Graduate Study" Paul Butler-Nalin, Allen R. Sanderson and David N. Redman; Cambridge, Mass.: The Consortium, 1983   "DRI Readings in Macroeconomics" Allen R. Sanderson; New York: McGraw-Hill, 1981   “Child-Labor Legislation and the Labor Force Participation of Children” The Journal of Economic History, 1974, 34 (1, The Tasks of Economic History), pp. 397-99

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Misc/Other

Between classes, student talks sports and draws big names to podcast in his dorm

The Masque of Youth

Rethinking the Olympics-The "Dynamic Sustainable" Model

Power Play - Talent vs Owners in Sports

Museum Campus Working Group Report: Where Worlds Connect 2022

How can the Olympic games continue if cities no longer want to host them?

Chicago Economics Forum presents Dollars for Ballers

Supreme Court ruling puts NCAA under scrutiny and potentially opens door to eventual pay for student-athletes, sports economists say

2020-21 Professional Activities and University Service

Economics is All Around

Sports, Statistics, and Economics

Thomas Sowell YouTube

Supercontinent by Mary Tod Haley Gray

2019-20 Professional Activities and University Service

Hidden figures: College students may be paying thousands in athletic fees and not know it

Professor Allen Sanderson Returns to talk NCAA "Pay to Play," Astros' Scandal, NFL Scoring System, and More

Bisnow: Funding Sports Stadiums Can Be a Perilous Path for Cities Seeking Visibility

Wealth Tax Debate

Between classes, student talks sports and draws big names to podcast in his dorm

Wallethub: 2019's Best Cheap Car Insurance in Illinois

CBS Chicago: College Sports Pay-for-Play May Be Coming to Illinois

BYUradio Top of Mind with Julie Rose: Are College Athletes Getting a Raw Financial Deal?

Calif. governor signs bill allowing college athletes to sign endorsements

AEA Interview: The Case for Paying College Athletes

Sports Talk Chicago Podcast

A Escola de Chicago - A Universidade que formou Paulo Guedes

UChicago Political Union Presents: The Minimum Wage Debate, Sanderson vs. Pawar

Chicago Economics Forum Presents Econ Day: The Economics of Inequality

A History of Chicago Economics: The People and the Ideas

Analysis of the Boston 2024 Proposed Summer Olympic Plans: Executive Summary

Paul Sally Award

Economists Recommend Paying College Athletes

Professors' Favorite Books

"Let Them Eat Cake"

Faculty Abodes?

Allen Sanderson Harper Lectures for University of Chicago Alumni Chapters

First Sawiris Symposium on Political Economy in Egypt

"Chicago Remembers Milton Friedman: Personal Reflections & Professional Intersections", Allen Sanderson, June 2012

"Happiness Literature", Allen Sanderson, June 2012

"Comment of Sports Economists on the FCC's Sports Blackout Rules", Allen Sanderson, February 2011

"Marathon Men-- and Woman", Allen Sanderson, October 2011

"3 questions: Joffrey Ballet's union negotiations", Kristin Samuelson, Chicago Tribune, July 2011

"Once-in-a-lifetime lunch" Amy Braverman Puma

"Christina Romer 2010 W&M Commencement Address"

"World Bank "Quarterly Knowledge Report" Interview" December 2009

"The World Cup and the Olympics bring more cost than benefits to the economy, says professor" Ultimo Segundo Economia 3/5/2010

"Cairo Connection" The Core Winter 2010

"AEA Market Madness" Annual Meeting 2010

"Amicus Curiae Brief of Economists in Support of Petitioner, Case No. 08.661" September 24, 2009

"Econ prof: Chicago actually would be better off losing 2016 games" WBBM Newsradio 780, September 24, 2009

“The Remains of Education” Baccalaureate Service, Rockefeller Chapel, June 12, 2009

"How a Little Econ is a Dangerous Thing " Christopher Hayes, November 2006

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