- Joined
- Oct 17, 2024
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- 10,813
We have an issue of not following best economic practices everywhere in the gameThose prices are ridiculous. How are we supposed to achieve big things when it costs up to $3,000 just to play? Kits and balls cost the same since obviously the FA don’t control that but we’re higher in every other metric. This means you either have to be rich or make sacrifices for a kid to succeed in soccer. Didn’t the Irankundas have to pull their other sons out so they could afford for Nestory to develop into a star? While obviously they wouldn’t have been as good as him they coulda been decent enough to make it as pro players.
We use central planning to raise standards of clubs, youth development and everything else and the consensus of economists is that central planning doesn't work. It can be deceptive because it can produce initial impressive results (the soviet planned economy, the planned towns in Australia) but you always end up worse off because central planners aren't as adaptable as free markets. Licensing criteria is costing 1600 of that wage bill
In England they follow the best practice of the mixed economy
- relatively free market where government intervention is only when it can be justified. This is exemplified by an open pyramid with very gentle off field criteria to go up levels
- a welfare state where 30% of the FA's money goes back into the grass roots. I'd like to see that more generous
- regulation only based on externalities, like fair play rules trying to reduce systemic risk or preventing exploitative practices like players not being paid
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