Why OPEC is Not as Powerful as You Think
November 26, 2014A Thanksgiving Top Ten List
November 28, 2014Our annual Thanksgiving post:
Sort of like today, in 1623, Governor William Bradford had income inequality dilemmas.
Two years after the first Thanksgiving, Plymouth Colony Governor William Bradford increased their 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.