Freakonomics Radio

523. Did Michael Lewis Just Get Lucky with “Moneyball”?

31 snips
Nov 24, 2022
In this engaging discussion, bestselling author Michael Lewis shares insights from his acclaimed work, 'Moneyball.' He explores the delicate balance between luck and skill that defined its success, while highlighting the analytics revolution it sparked in baseball. Lewis reflects on the psychological barriers teams face in adopting data-driven strategies and the misvaluations that can occur across industries. With humor, he also proposes a wild idea to modernize baseball, emphasizing the sport's need to adapt while maintaining its traditions.
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ANECDOTE

New Orleans Roots and Privilege

  • Michael Lewis's family has deep roots in New Orleans, with ancestors involved in the Louisiana Purchase.
  • His upbringing included unique experiences like being king of a teenage Mardi Gras organization, giving him a sense of privilege.
INSIGHT

Impact of Privilege on Reporting

  • Michael Lewis's privileged background shaped his reporting style, allowing him to approach subjects without feeling inferior.
  • This allowed him to gain deeper access and insights, as seen with Billy Beane and the Oakland A's.
ANECDOTE

Billy Beane's Journey

  • Billy Beane, the Oakland A's general manager, was once a highly touted prospect but didn't have a long playing career.
  • Beane and Paul DePodesta found market inefficiencies in how baseball players were valued, leading to the Moneyball approach.
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