Professional athletes are well paid. Their salaries are often visible to the public and sometimes it is reported in the news that an athlete squanders his or her wealth. In that sense no one is immune from making financial mistakes.
Some of these financial mistakes are closely tied to character flaws, immaturity, or addictions. Perhaps these personal conditions indicate that there is simply no interest in education or economic education specifically.
However, many athletes are intelligently trying to take care of their needs - now and in the future - and so they have an interest in understanding economics. I suggest care - not to fooled into listening to those who regurgitate empirical economics.
Instead get a healthy dose of classical liberalism by listening to Peter Schiff (he will also help you decide how to wisely invest) and tap into the vast resources of the Mises Institute to learn economics from the Austrian perspective and read my ebooks about the divine economy theory.
As individuals with wealth are educated about free market economics they will be better able to understand capital and to use their capital to advance civilization. Athletes are heros to many people who follow their sport and if properly educated in economics these athletes can also be heros in the arena of the overall prosperity of society.
For more information go to my website.
Go here to read about Mastery of ETHICAL ECONOMICS.
{I am currently taking a partial hiatus from blogging so frequently since I am preparing to write the fourth and final book in the divine economy theory series, due to be published around May 2011.}
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