The Oakland A's used statistical analysis to the near-exclusion of traditional scouting because, operating with far less money than competitors, Billy Beane realized that without a better way to assemble a team he was doomed to lose—necessity forced the innovation, not profit-seeking ideology.

causalpending

Speaker

Michael Lewis

Evidence Quote

necessity is the mother of invention or as I like to think of it when a man knows he's going to be hung in a fortnight it concentrates the mind wonderfully

Source

Michael Lewis on the Hidden Economics of Baseball and Football 1/29/2007EconTalk
Created: 6/17/2026, 12:12:19 AM

My Notes

Loading notes...