How Did Economists Get It Wrong

Whenever he observes a football match, the economist diligently records all the plays made and all the surrounding conditions that are likely to be relevant. Every night, he performs complex statistics to find hidden patterns in the data. In the end, his efforts were well compensated. He discovered that the "captain" often threw the ball toward the catcher, that the catcher often ran toward the opposing team''s goalposts, and that last-minute field goals were often scored by the opposing teams. is only one or two points behind.

One day, the President of the National Football Federation felt concerned about the phenomenon of high football. He increasingly believed that teams were abusing aerial football, and that their behavior had a huge impact on the game. (The exact reason for his belief has never been explained, but he himself is quite certain of this.) The president was obsessed with the need to stop the phenomenon of playing football in the air and convened his assistants to find a way to deal with the problem.