i dont think the concept of "free markets" should apply in all situations especially in sports. the nfl works so wonderfully because it isnt a free market. owning horse is a hobby or entertainment. it isnt to make money. it is to see your horse finish the race 1st. we need to find someway to make owning a horse easier and more cost effective. one step i would do is to make boarding a horse at a track FREE year around. increase feed competition to lower the cost etc etc. i am not a business person, but i think these smart people could come up with something.
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