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Economics at the Movies: Building a Baseball Field
Geoff Riley
25th August 2011
One of my favourite movies - Field of Dreams - in this clip Ray (Kevin Costner) does something “completely illogical”: He plows under his corn to build a baseball diamond. I’ll use it to discuss the different uses of land (and associated returns and risks) and the factors of production needed to complete the field.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.