More Thanksgiving Economics
Our annual Thanksgiving post:
In 1623, 2 years after the first Thanksgiving, Governor William Bradford was worried about Plymouth’s food supply. The problem, he concluded, was that people shared whatever they produced. Because they expected “able and fit” young men to work harder and then give their food to others, all worked less. As Bradford explained, ”So they began to think how they…could…obtain a better crop than they had done…At length…the Governor…so assigned to every family a parcel of land…This had very good results for it made all hands very industrious…”
But still, like Governor Bradford and the people of Plymouth, we are talking about the size of the pie and how unequal each slice should be.