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He suggests the high prices at auctions are driven by a shrinking supply of quality horses rather than a growth in the sport's popularity.
“Mark Taylor of Tailor-Made Farm told us that record prices do not reflect any kind of racing boom. In fact, these high prices are the result of shrinking supply. There are fewer good horses to buy.”
Freakonomics Radio Network · Nov 2025 · 1 episode · 5K views on this topicExtracted by a model; may misattribute who said what.