The New Bazaar

MMA and the business of America


Listen Later

If you look at some of the big and mostly troubling economic trends in the overall US economy from the last three or four decades, the business of the sport of Mixed Martial Arts captures a stunning number of them: rising income and wealth inequality; increased firm concentration in some economic sectors, sometimes because they bought out their competition; the declining share of the money that companies make that goes to workers; the decline of unions; the gig economy; the lack of bargaining power that workers have when they negotiate wages with their companies. 


John S Nash, a journalist for Bloody Elbow, joins Cardiff to discuss the economic history of MMA and the sport’s dominant company, the UFC -- and to reveal the many ways that the sport captures the extreme version of so many broader economic trends within the US economy. 


And after the credits, they also give their predictions for UFC 269. 


Links from the episode:

  • John S Nash is on Twitter at @heynottheface
  • Bloody Elbow (https://tinyurl.com/3chc4ucy)
  • John on Crooklyn’s Corner (https://tinyurl.com/yckwmz83)
  • Cardiff and Aimee are on Twitter at @CardiffGarcia and @AimeePKeane
  • Send us an email! You can write to us at [email protected]


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The New BazaarBy Economic Innovation Group

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

260 ratings


More shows like The New Bazaar

View all
Planet Money by NPR

Planet Money

30,853 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,134 Listeners

Masters in Business by Bloomberg

Masters in Business

2,162 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,361 Listeners

Trumponomics by Bloomberg

Trumponomics

342 Listeners

Odd Lots by Bloomberg

Odd Lots

1,697 Listeners

Macro Musings with David Beckworth by Mercatus Center at George Mason University

Macro Musings with David Beckworth

370 Listeners

Bold Names by The Wall Street Journal

Bold Names

1,463 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,521 Listeners

Capitalisn't by University of Chicago Podcast Network

Capitalisn't

537 Listeners

Against the Rules with Michael Lewis by Pushkin Industries

Against the Rules with Michael Lewis

9,693 Listeners

Hard Fork by The New York Times

Hard Fork

5,393 Listeners

What's Your Problem? by iHeartPodcasts and Pushkin Industries

What's Your Problem?

256 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

377 Listeners

Risky Business with Nate Silver and Maria Konnikova by Pushkin Industries

Risky Business with Nate Silver and Maria Konnikova

247 Listeners