Thanksgiving's Economic Lesson

 
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By Michael Maharrey. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
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 socialist experiment.

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