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Dr Steve Davies on The Economics of Sport | THINK 2015


Why Sports & The Economy Can't Return: The Law of 1 Price

Why Sports & The Economy Can't Return: The Law of 1 Price

Hip-Hoppreneur CEO Cedric Muhammad explains why the NBA, NFL, MLB have the same problem the U.S. economy does - no clear standard. Connecting OSHA guidelines on occupational safety with monetary policy under a gold standard, he explains why problems in business will continue, especially for entrepreneurs.

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The Economics of the NBA part 1

In this video, I go over the economics of the NBA as it pertains to Basketball Related Income (BRI). As usual, if you enjoy the content make sure to like, comment and subscribe.

David Diamond on Deception in Cholesterol Research: Separating Truth From Profitable Fiction

“I want to show you how we are deceived,” Dr. David Diamond told the audience at the 2019 CrossFit Health Conference.

Diamond, who has a Ph.D. in biology and 40 years of experience as a neuroscientist, spoke on a topic that drew his interest later in his career: cholesterol science and the various forms of deception apparent in research on cholesterol-lowering statins.

Diamond developed an interest in cholesterol and statins in 1999 after being diagnosed with familial hypertriglyceridemia, a genetic anomaly that causes triglyceride levels in the blood to become elevated and leads to additional health complications such as obesity. After following the dietary recommendations — reducing his saturated fat and meat consumption while consuming greater quantities of carbohydrates such as oatmeal and beans — Diamond had succeeded only in raising his triglycerides, lowering HDL cholesterol, and gaining weight. His doctor recommended that he begin taking statins.

Diamond recalled the moment when he said, “‘Well, I’ve got a Ph.D. in biology. The least I can do is read about what is a triglyceride and what I should do about it.’” After delving into the medical research, he realized, “Damn! It’s the bread, and the potatoes, and the sugar I’ve been eating. I’ve been so happy eating bread without butter, and … it’s the bread that’s driving up my triglycerides.” He continued, “I was struck by this epiphany that I’d been given the wrong information.”

After his epiphany, Diamond began investigating how his doctor and the dietary guidelines could have gotten the science on cholesterol so wrong. He traced the misinformation to Ancel Keys, who became famous in 1961 for developing the cholesterol hypothesis. Keys’ hypothesis suggested the consumption of saturated fat leads to increased cholesterol that clogs arteries and leads to heart disease. Despite a preponderance of evidence to the contrary, Keys’ hypothesis became influential, and Keys, a man Diamond notes had “a bachelors in economics” and “knew nothing about nutrition, knew nothing about heart disease … was in charge, to a great extent, of nutrition and heart disease research in America.”

Diamond continued to review cholesterol science and statin research, and his first epiphany was followed by many more. For instance, contrary to received dogma, “People with high cholesterol have a significantly lower rate of cancer, infectious disease, and live [an] overall normal lifespan,” he explained.

During his talk, Diamond also explained the methods of statistical manipulation researchers and drug companies use to inflate statins’ effectiveness for lowering heart disease risk while downplaying the drugs’ adverse effects. He demonstrated, for instance, that the authors of the trial for cholestyramine were able to make a statistically insignificant .4% improvement in heart disease risk look like 24% by reporting relative rather than absolute risk. He looked at the study on Lipitor, which helped generate $100 billion in revenue for the company and found the same thing: The study claimed the drug could decrease heart disease risk by 36%, a gross manipulation of the 1% absolute risk that actually matters.

Diamond also argued the adverse effects of statins are manifold and significant. The peer-reviewed medical literature, he explained, has demonstrated an association between statins and Type 2 diabetes, rhabdomyolysis, cognitive disorders, cataracts, renal failure, and liver dysfunction, to name a few. Nevertheless, statins remain the most widely prescribed class of drugs in the United States. To explain why this is true, Diamond cited a quote from his colleague Paul Rosch, published in the Scandinavian Cardiovascular Journal: “That belief that coronary atherosclerosis is due to high cholesterol has been perpetuated by powerful forces using tactics to preserve the profits and reputations of those who promote the doctrine.”

Diamond concluded, “The only person that potentially can benefit from a statin is someone that really wants to depend more on medication than a lifestyle change.”

CrossFit® - Forging Elite Fitness® (

Big Buck's - The Road Back To Racing

Check out this exclusive footage of the legendary Big Buck's as he continues to recover from injury by embarking on his first canter.



Miguel Cardenal - Secretary of State of Sport of Spain

António Silva Mendes - Director of Youth and Sport of the European Commission

Richard Caborn - Former Minister of Sport of the United Kingdom

Sports finance expert questions UEFA finance rules

Sports finance expert questions UEFA finance rules
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SSAC16: Sponsorship Revenue Forecasting for Sport Organizations (Research Papers)

Abstract: Despite considerable advances in the application of data analytics across the sport industry, sponsorship revenue forecasting still largely relies on a decades-old methodology, the renewal rate. This paper marks the first application of survival analysis approaches to analyze the duration of sponsorships, utilizing a dataset of 69 global sponsorships of the Olympic Games and FIFA World Cup. Past and present sponsors of these two global events include some of the world’s most valuable brands, including Adidas, Coca-Cola, FedEx, IBM, McDonald’s, Panasonic, Samsung, Sony, Visa, and Xerox. The utilization of methods other than standard measures of central tendency (i.e., the renewal rate) allows sport organizations who depend on revenue from sponsorship for their survival to determine not just the aggregated percentage of sponsors who historically renew, but when sponsorships are most likely to continue, when the probability of a sponsorship ending is highest, and the sponsorship’s historical median lifetime. Further, these more advanced methods properly account for censored observations, or sponsorships that are currently ongoing. Consistent with prior applications of exchange theory to the sponsorship business-to-business relationship, results found sponsorships were most susceptible to dissolution within the first two renewal periods, and sponsorship durations differ significantly based on which methodology is applied. For example, sponsorship revenue projections varied by as much as $100 million depending on the approach, demonstrating the importance of providing sport managers with advanced data analysis tools to assist in the organization’s sponsorship revenue forecasting activities.

Part I :: Sports & the Economy :: It's Your Call

Lynn Doyle discusses Sports and the Economy on It's Your Call with Lynn Doyle.
Sporting Events Too Costly?
Are You Skipping Games?
Nothing Stopping You?

Has Tough Economy.
- Kept you from games
- Limited your attendance
- Had no effect

Guests include:
John Brazer
Fun & Games Director, Philadelphia Phillies

Ike Richman
Vice President, Comcast-Spectacor

Brett Burchette
Asst. Professor of Sports Management, Drexel University

Dom Giordano
Radio Talk Show Host, The Big Talker 1210 AM

Sports & The Economy

Sports in Society (Coakley)

SSAC17: The Business of College Sports


Health and fitness economist - Adam MacDougall

Adam MacDougall is exclusively managed by The Fordham Company.

Talking Point Tuesday 22 - Competitive Balance

This week on Talking Point Tuesday we compare the A-League’s competitive balance with European leagues, raising questions about the salary cap’s efficacy and purpose.

The Leagues and The Future Landscape of European Football | Soccerex Europe 2019

The football industry is made up of many different stakeholders, none more important that the leagues who provide vital competition structure, regulation and revenue that have allow the game to thrive across Europe. In this special session, senior representatives from European Leagues, the voice of professional football leagues across Europe, shared their thoughts on the future of landscape of European football and the vital need to enhance and protect competitive balance in the game.

V Sport | Vspecial | EP.26 ตอน การประชุม sport Economy 2562 | 6 ก.ค. 2562 |

รายการ V Sport
ทุกวันเสาร์ 11.00 น. – 12.00 น.
รีรันทุกวันพฤหัสบดี 14.30 น. - 15.30 น.
ช่อง T-Sport หรือ แอพพลิเคชั่น T-Sport Channel

How Sports Is Boosting India's Economy | Republic Day Special | Sportskeeda

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【2017 FISU World Conference】8/29 Keynote Speech- Sport for Socio-Economic Development

Sports economist talks about possible NFL lockout

FOX 11 Sports' Justin Felder talks with Saint Norbert College sports economist Kevin Quinn about several topics regarding a possible NFL lockout.

New Stadium? You're paying For It!

Channelshift's Toby David describes the Tampa bay Rays desire for a new stadium and how that process of public/private funding impacts the rest of the country.

Wladimir Andreff et la taxe sur le transfert des sportifs

Wladimir Andreff est professeur émérite en Sciences Économiques à l'Université de Paris 1 Panthéon Sorbonne.

SnoLegal on #MondayFootball discussing Autonomy of Sport & Government Interference in Football

SnoLegal on #MondayFootball discussing Autonomy of Sport & Government Interference in Football



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