Posts Tagged ‘Thanksgiving’

  • Hoping to stimulate the economy, in 1939, FDR moved the date of Thanksgiving back a week.

    A Thanksgiving Mystery

    Nov 25, 11 • 251 Views • Demand, Supply, and Markets, Economic History, Households, Innovation, Thinking EconomicallyNo Comments

    Thanksgiving means more demand for turkeys. And yet supermarkets discount the price. Why? First some turkey facts. This year, the American Farm Bureau says that the price of a typical turkey is up 22% from last year. According to Slate, the price of the

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    An Economic Story From Plymouth Plantation

    Nov 25, 10 • 225 Views • Developing Economies, Economic Debates, Economic History, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    In 1623, two 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 “able and fit” young men were expected to