|

Depreciating Assets

by SecretsAdmin   ::   posted on Mar. 22, 2002 - 12:00am

Steve Perry’s story on Carl Pohlad and the effort to eliminate the Twins was interesting and well written, but Perry could scarcely hide his contempt. That’s fine, but I think he inadvertently gives these old men way too much credit. It doesn’t take a rocket scientist to know that these people are simply bumbling dilettantes who want to play Monopoly with real money. They keep trying to apply real-world economics to a fantasy world, and somehow it just never quite translates. For example, I’ve heard their arcane rules allow them to depreciate the value of their assets, which in this case are their employees. Human beings. Who else gets to depreciate their workers? The irony, of course, is that no one is depreciating faster than these senile old duffers.

Sam Romberger
Boston, MA