Thursday, November 22, 2007

Happy Thankskeeping Day

John Stossel reminds us that Thanksgiving is really a celebration of private property, not community and hearth. The Pilgrims starved for their first two years in the New World because communal farming doomed them all. When they finally instituted private property, no one had an incentive to shirk; everyone worked harder. The result was a bumper crop and, in time, a new holiday.

HT: Matt Huber

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