Market For Lemons
Wednesday, October 26 2011
by Website Editor
WITH ONE SIMPLE RULE CHANGE, THE USEF COULD DRAMATICALLY IMPROVE THE HEALTH OF THE HORSE INDUSTRY. Here’s How: “The Market for Lemons: Quality Uncertainty and The Market Mechanism” is a paper written in 1970 by economist George Akerlof about the used car market. It sounds like another boring paper that no one but the heavy breathers could stay awake for. But it won the Nobel Prize for the author, because of its widespread application for the real world
- Published in Injecting Perspective, Z-Blogs
Training Races: Part 2
Friday, September 09 2011
by Website Editor
Not long after arriving in Louisiana, it became clear that Bobby was the only one who could get along with our best mare, who had been a stakes winner. Perhaps it was because he was too polluted for fear, but Bobby was the only one who could get in the stall with her. So naturally, he was put in charge of her. It wasn’t long before he started calling her Alice, after his ex-wife. She would pin her ears and swing her butt to the door as he tried to duck under the webbing
- Published in Injecting Perspective, Z-Blogs
Training Races: Part I
Thursday, September 01 2011
by Website Editor
As the horses were being unloaded from the trailer, it became apparent that the Hispanic fellas had decided not to make the trip. A couple of years before, a Mexican groom had killed a black racetracker in a knife fight on the backside. At the Fair Grounds Racetrack in New Orleans, it was well known that Mexicans were not safe. I was immediately promoted from hotwalker to groom, leaving my former task vacant. As is customary at the racetrack, we hired the first person to walk in the door asking for a job. It’s an easy business decision: if the new guy doesn’t work out, not to worry.
- Published in Injecting Perspective, Z-Blogs
Ducking a Downpour
Friday, July 29 2011
by Editor
Ducking a torrential downpour, I decided to stay in the covered arena to watch a couple more classes. I had stopped in to the Morgan show this morning, to make sure the horse that I treated last night for a little stall accident went ok. You’ll be happy to know that the horse went great. I saved another one! Or something like that. I go to horse shows all the time, but this was the first time I had been to a gaited horse show since I went on a date to the Shelby County Fair nearly 15 years ago.
- Published in Injecting Perspective, Z-Blogs