The Effect of the Salary Cap and Free Agency on the Compensation of Essay

The Effect of the Salary Cap and Free Agency on the Compensation of Skill Position Players - Essay Example The article frequently sites other research papers to help back up their own work, and also use expansion path graphs to illustrate their findings. The article also used quantile regressions to demonstrate the data that they have pooled and taken from NFL stats. They site all their calculations and their formulas, and have a strong background of how they came up with all their numbers they use. They also use several different models to demonstrate the differences between the pay salaries and performance at the NFL level. They also make sure to add in the factors that free agency cause, as well as what a NFL team should respond to using the graphs that the article shows. The article reveals that several patterns can be seen in the NFL numbers. These patterns look to support the findings in the original paper, the Kowalewski and Leeds paper that this article was trying to prove correct or incorrect. The data supported the conclusion that free agency made it much more important for a player to keep track off, and improve their stats for the better pay. This was also the conclusion of the original paper, and this article reaches a similar conclusion. I believe the author's conclusions are sound, and that they have all the data and work shown to properly back up their argument.

The Protestant Ethic and Spirit of Capitalism Essay

The Protestant Ethic and Spirit of Capitalism - Essay Example He relates religion and economy with each other in order to bring about capitalism in the West. He points out that ascetic Protestantism, which is seen in many nations in the West, emphasized on methodological and innovative religious rational behaviour. And this emphasis found its way into economic practices which set off secularization and the undermining of all types of religion. Weber’s analysis of capitalism and economics prompted him to study other major world religions in order to appraise their attitudes about the economy. Modern analysts point out how their studies of history during the early days of capitalism in the West have revealed the important role of religion, especially Protestantism in Capitalism. They cite Weber’s writings in the ‘Protestant Ethic and the Spirit of Capitalism’ as an important source of information about capitalism in the 18th to the 19th century. In his writings, Weber proposed that capitalism flourished in Europe becaus e Protestantism is the religion that created a goal for the people, for them to limit their material consumption while still pursuing wealthy pursuits. Before capitalism made its way into Western society, there was a restraint on consumption which was invariably linked to asceticism and the condemnation of commercial pursuits. The dominant Catholic faith at that time labelled the pursuit of wealthy and economic enterprises as part of eventual profligate spending and consumerism (Calhoun & Gerteis, 2007, p. 1228).