The biggest Thanksgiving tradition in America is a turkey dinner.
Some people also have a secondary tradition of watching football. But libertarians can be a bit quirky, so my secondary tradition has been to periodically share (in 2010, in 2013, and in 2016) a video from Reason about how property rights saved the Pilgrims.
But I don’t like being overly repetitive, so I’m thankful that Reason has a new Thanksgiving video. Narrated by John Stossel, it tells the story of the first Thanksgiving, augmented by a modern example of why communal property creates bad incentives.
And here’s another video with a Thanksgiving theme.
It’s from Prager University and it uses the colonial experience to teach about the failures of mercantilism and collectivism.
It’s no exaggeration to say that capitalism was a life-saver for the Pilgrims.
And it’s a money-saver for us in the modern era, as…
View original post 256 more words