“I’ve got no problems giving out tax money,” he continues, “as long as it’s earmarked to the right places. That’s what the economy is – allocating proper capital to people who need it, people who are going to make it double, triple …”
What in the name of Alan Greenspan does this 26-year-old pitcher know about capital asset ratio, microfinancing and product differentiation? “Not much,” he said with a laugh.
But he knows plenty more than most baseball players. Badenhop graduated from Ohio’s Bowling Green State University in 2005 with an economics degree and a 3.94 GPA.
“He took four classes from me and got all A’s, and some were tough upper-level courses,” said BGSU economics professor Timothy Fuerst, whom Badenhop credits with sparking his interest in the subject during his freshman year. “One class was on the Great Depression, which is pretty appropriate now.”
Badenhop wrote a term paper on sports economics. “One issue was whether it makes sense to use state money for new stadiums, and I remember Burke was skeptical about using public money,” Fuerst said with a laugh. “You better not tell that to his employers!”
Thanks to Skip for the pointer.