That successful athletes tend to be born in certain months of the year because they tended to be the oldest, thus the most physically developed, in age brackets in youth sports is a surprising market failure. Professional sports are missing out on potentially even more talented players who happen to have been born in the wrong month.
However, this was merely motivation to call attention to the far more blatant inequality present in most American pro sports: the racial makeup is far from representative of the demographics of the population. The strongly suspected underlying mechanism is that for African-Americans, pro sports are their best hope out of poverty; opportunities available to whites are not available to them, so they rationally go to where the money is.
That we barely notice this evidence of terrible discrimination anymore whenever we watch pro sports is shocking. Complacency.
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