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Baseball Capital vs. Labor - Nothing To Do With Owners and Unions...


BaltimoreTerp

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http://www.fangraphs.com/blogs/index.php/microeconomics-and-offense-part-1/

In Microeconomic theory, there are two factors in production: capital and labor. Labor is the manpower used to create output, and capital is the machinery and technology that makes that labor work more effectively.

At its core, there are two main factors in scoring runs: getting runners on base and knocking those runners in. By looking at these skills as capital and labor it reveals much about each team’s offense, and can give insight to where a team needs to invest.

Interesting information about offensive production and lineup construction.

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