Thanksgiving’s Economic Lesson – GodArchy Podcast
Posted in : GodArchy Podcast on by : Michael Maharrey Tags: economics, Thanksgiving
Did you know Thanksgiving can teach us a valuable economics lesson?
When the Pilgrims first established their colony in Massachusetts, they adopted a communal system based on the socialist notion “from each according to their ability to each according to their need.” Like pretty much all socialist experiments, it ended in misery and death.
In this episode of the GodArchy podcast, I tell the story of the Pilgrims’ early dabbling in socialism and what happened when they embraced private property.
SHOW NOTES
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