Thanksgiving's Economic Lesson GodArchy Podcast
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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.
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.