Horse Jockeys: Why Do Horse Racing Study

Author Wheelan writes, "Life is about trade-offs, and so is economics." Indeed, so is Naked Economics. This book promises to be a good introduction to economics for the layman. Throughout the book, the author uses easy-to-understand language and vivid examples to illustrate his points in strategic places maintaining a sense of lightness with the readers in reading the material. Here is a summary of each of the 12 Chapters of the book Naked Economics: Undressing the Dismal Science by Charles Wheelan.

The way I located the thesis statement was by skimming though the article and reading the bold writing which are the points the author is describing throughout the article. After going over the main points I go back and read the introduction and figured which sentence goes best with the article.

Park University was the perfect disaster for me. The school exclusively featured majors that I had no interest in and I found myself having a hard time deciding what field to dedicate myself to. After a short two months living in Kingston, PA and attending Penn College I realized that it was time for a change. Feeling like a complete failure I set off back to my hometown to reevaluate and pick of the pieces of my college disaster. I found work at a lumberyard and started the process of joining the Marine Corps. During my first physical at MEPS, I found out that an old injury to my

1. Describe your participation and accomplishments in the horse industry. Also, list how many years you have been involved, awards received and volunteer involvement. I have been riding horses ever since I could walk. I have a deep passion for them and I have always loved to ride. I am involved in many parts of the equine industry. I joined the local 4-H horse project in 3rd grade, which is the earliest you can join. I have now been in the CCHP 4-H for 9 years. I have been on the youth board of the project for the past 5 years. I barrel race frequently and I am a member of the NBHA- National Barrel Horse Association. In 2014, I was the WI State Finals Open 4D Champion. I have gone to State Hunt/Jump numerous times and have participated in State Gymkhana for 6 years. At State Gymkhana, I have won or gotten reserve champion in many classes and have almost always been in the top ten for every class. I received the sportsmanship award in my 4-H project for my outstanding sportsmanship and mentorship to younger members. I am very involved in many parts of

Besides graduating from college, being accepted into the Counseling program at NOVA Southeastern University was the greatest day of my life. I was on my way to a much greater success by working on my Master. Paying for college out of pocket was a struggle, but I understand that success comes with great sacrifices. However, I wouldn’t really call paying out of pocket for school a sacrifice, but rather an investment in my future and my family. My first semester went marvelous. I was motivated and enthusiastic about the courses. I must admit graduate school is much harder than I imagine, but I manage to make time for studying and ended making A’s in both of my classes, which I didn’t expect less than that. When the summer semester I arrived, I was as excited and motivated as my very first semester, aiming to make nothing less than an A grades. However, unexpectedly my world seemed to have turned upside down in a matter of time. My mother and I decided to take a week to go

On Tuesday, September 29th my partner and I had the opportunity to interview a 55-year-old patient named Tom at LA County Hospital, admitted nine days prior for injuries he sustained after being struck by a city vehicle. His injuries were quite apparent the moment we sat down with him: his right foot bandaged up, having been crushed by the vehicle’s tires, abrasions and bruising all over his lower limbs and worst of all, a broken pelvis. Yet despite the bad shape he was in, Tom was kind enough share his life story with us and provide the limited knowledge he had about his insurance history.

Kelsey’s recent ongoing stress is resignated around his academics and family priorities within the past two years. He was an Engineering major in one of the top schools in Wisconsin, he felt pressure to make his family happy and pursue his academic major. Before applying to the Mechanical Engineering program, Kelsey bit off more than he could chew. Seeking membership into a fraternity, visiting home every other weekend to assist his family financially and emotionally during his mother’s bankruptcy period, and taking a huge course load of 16 credits. As a result of his commitment and sacrifice, sadly his grades failed as a result. Within this year, Kelsey went from withholding a full ride (scholarships, grants, fellowships) and summer internship to losing everything including his studentship at Wisconsin. During this tough time in Kelsey’s life, I observed the frustration he endured during this strategic time. He found himself questioning his

The ancient sport of horse racing dates back thousands of years. The concept was created by Central Asian nomadic tribesmen who were the first to domesticate horses. Horse racing has been in organized sport around the world from the beginning of recorded history.

What do you consider talent? In my opinion talent is something that someone commit’s and devotes their time to perfect. Victor Espinoza is a talented and very spiritual person. In fact, Victor is so talented that he won one of the biggest races in the horse racing industry.

In the eyes of the authors, Steven D. Levitt and Stephen J. Dubner, economics is not seen as a monetary subject but rather a subject with the ability to gain answers through the utilization of interesting, yet out of the ordinary questions. These “out of the ordinary questions” can be seen as the backbone from which the collaboration was written. Levitt and Dubner structured the novel in this way to explore and reveal “the hidden side of everything.” They focus on the incentives behind people’s motives in all different aspects of society—from sumo wrestlers to crack dealers—and connect the surprising similarities with each other. After reading what Levitt and Dubner had to say, I established that the authors’ goal in creating such a novel was

My Freshman year of college, I was a mechanical engineering student at the George Washington University. It was there that I learned how difficult school could really be. My past schooling experience had not prepared me for this extremely rigorous program. As one of my requirements for the program was a social science, I had registered for a history course my first semester. Unknowingly, I had registered for a third-year history class, clearly not the correct class for a freshman engineering student. I went on to struggle with the amount of work that was assigned for the course including an 18 page research paper. This course, on top of the difficult engineering curricula was extremely challenging. At this point, I also realized that although

When I received notice by telephone on Thursday, September 1st that I was dismissed from the program, I felt devastated, defeated and disappointed, because I worked so hard to stay in the program, and I had already attended the first class scheduled for August 27th.

The day before the horseback riding obstacle course was a beautiful day not a cloud in the sky, there is no way it could rain the next day. The next day I wake up and sadly, it is pouring rain I then find out it is just postponed till next weekend.

At the time, my interest in medicine had been damaged by what had happened with my girlfriend, so I decided to pursue another passion, electrical engineering, but I began the premedical course requirements in case I changed my mind. During my first year, I contemplated not continuing with the premedical coursework because I enjoyed my electrical engineering classes so much. I loved the mathematics and logic that went into engineering. As my sophomore year progressed, however, my girlfriend’s health hit a low point, which made my engineering work feel less rewarding, as if I was doing it solely for fun. I psychologically needed to engage in something that felt more meaningful; I needed to find a way to use myself more

A smarty-pants old story says that if you want a "learned economist," all you have to do is get a parrot and train the bird to squawk "supply and demand" in response to every question.