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entertainment

Does March Madness lead to irrational exuberance in the NBA draft?

Source: JournalistsResource.org

The NBA draft is just three months after March Madness every year, and NBA executives have to decide how a player’s performance over the games in March — a maximum of six, from the tournament’s first round to the championship game — should affect their draft decision. Is it possible that a player who can sustain a high level of performance in a few must-win games has demonstrated that he has what it takes to succeed on the highest stage?

Cultural attractions, human capital and economic growth

Source: JournalistsResource.org

The number of well-educated residents that areas draw can have a bearing on economic vitality, and yet local and regional planners must consider how far they should go in appealing to residents who will bring such “human capital.” One outstanding question remains precisely how cultural amenities such as museums and theaters translate into value beyond aesthetic enjoyment.