In a recent, weekend edition Wall Street Journal article, Federal Reserve Board Chairman Ben Bernanke took a respite from quantitative easing and the seemingly endless battle with the under-performing U.S. economy to share thoughts on his second obsession: baseball and his beloved Washington Nationals.
A Ph.D. with a strong statistical background on leave from the faculty of Princeton, Bernanke, like many economists, is a devotee of Sabermetrics, baseball’s version of advanced analytics, pioneered by Bill James 30 years ago. And the Nationals, who’ve been in D.C. just 7 years, are this season’s biggest success story, compiling the best record in major league baseball.
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