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Matthew Yglesias

Matthew Yglesias - Matthew Yglesias is a fellow at the Center for American Progress Action Fund.
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Matthew Yglesias is a fellow at the Center for American Progress. His first book, with the working title Heads in the Sand: Iraq and the Strange Death of Liberal Internationalism, scheduled to be published next spring by John Wiley and co., deals with the Democratic Party's struggle to find a post-9/11 foreign policy, focusing primarily on the rise and (hopefully) fall of the liberal hawk movement.

Previously, he was a staff writer at The American Prospect and an Associate Editor at TPM Media, where he contributed to the group blogs Tapped and TPMCafe. His main blog, now at The Atlantic, has existed in various forms since the dark ages of the blogosphere in January 2002.

His writing has appeared in The Guardian, Slate, The New Republic, and The Washington Monthly, and he is a regular on BloggingHeads.tv and makes the occasional radio or television appearance.

Desperately out of touch with the American mainstream, Yglesias was born and raised in Manhattan and studied philosophy at Harvard where he was editor in chief of The Harvard Independent, a campus alternative weekly.

His latest writings can be found on the Matthew Yglesias blog.

Washington Offseason

By Matthew Yglesias
May 6 2008, 1:41 PM ET Comment

Word is that the Wizards are planning to resign Gilbert Arenas and Antawn Jamison. That all simply raises the question resign them for how much money? Jamison is unquestionably a good player, and Agent Zero was a good player when he was healthy and presumably will be again -- they're guys that, all else being equal, it's good to have on your team, but all else is rarely equal.

Gilbert, in particular, keeps talking as if he expects a max deal and I think that'd be crazy. The maximum salary rule is a great opportunity that allows a select number of lucky teams to underpay elite players -- guys like Chris Paul and LeBron James are never going to be able to do what Shaq and Kevin Garnett did and get paid their real market value. You don't want to blow that kind of opportunity on lesser players unless you've got good reason to. This year, Jamison's earning $16 million and Arenas is earning $12 million and I seriously doubt there's another team in the league that's in a position to offer either of them more than that. And yet, sometimes you see a franchise do what Orlando did with Rashard Lewis last year and overbid the market for no real reason.

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