GOOD

Freakonomics Asks What's More Valuable to Cleveland: Chrysler or LeBron?

Not that it's an either-or proposition, but Ian Ayres of Freakonomics wonders whether the city of Cleveland is better off with a new DaimlerChrysler plant or Lebron James playing for the Cavaliers.

[I]f Ohio is willing to give business incentives, financial incentives, and tax incentives to encourage companies to move to Ohio, why not consider kicking in financially to try to keep one of the state’s prize assets. Turn LeBron into his very own “enterprise zone.”


In 2004, Ohio invested $535 million to expand a DaimlerChrysler Jeep facility in Toledo. But seriously, don’t you think the average voter would prefer to invest in LBJ?

\n

Ayres doesn't really discuss how much money James generates for the city—through perpetually sold-out home games, crazy merchandising, high ratings for locally televised games, and jobs created along the way. He does, however, offer rather fascinating insight on the business of super-stardom and the specter of what Cleveland has to lose during this period of NBA free agency.

Photo (cc) by Flickr user Keith Allison

Articles
via Jim Browing / YouTube

Jim Browning is a YouTuber from the UK who has an amazing ability to catch scammers in the act.

In this video, he responds to a scam email claiming he bought a laptop by breaking into the scammer's computer. In the process he uncovers where the scammers work, their banking information, and even their personal identities.

"I got an 'invoice' email telling me that I had paid for a $3800 laptop," Browning writes on his YouTube page. "No links... just a phone number. It's a real shame that these scammers emailed me because I was able to find out exactly who they were and where the were."

Keep Reading
Business
HG B / YouTube

Danielle Reno of Missouri left her car running and it was stolen by thieves. But she wasn't going to let her car go so easily.

For 48 hours this owner of a pet rescue tracked the charges being made on her credit card. Ultimately, she found her car at a local Applebee's, and then went after the thieves.

Keep Reading
Communities
via Bossip / Twitter

Sens. Elizabeth Warren and Bernie Sanders took aim at former New York City Mayor Michael Bloomberg onstage at Wednesday's Las Vegas Democratic debate, likening the billionaire businessman to President Donald Trump and questioning his ability to turn out voters.

Sanders began by calling out Bloomberg for his stewardship of New York's stop and frisk policy that targeted young black men.

Keep Reading
Politics