Posts Tagged ‘turkey’

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

    A Thanksgiving Mystery

    Nov 25, 11 • 252 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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    Ben Franklin’s Turkey

    Nov 17, 11 • 192 Views • Behavioral Economics, Economic Debates, Economic History, Economic Thinkers, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    The bald eagle is our national bird but, according to Ben Franklin, the turkey should have been. In a letter to his daughter, he explains why. “True original natives,” turkeys are American birds. “…Though a little vain and silly, the