Showing posts with label John Stossel. Show all posts
Showing posts with label John Stossel. Show all posts

Wednesday, November 21, 2007

Hey Ms. Rand, What Are You Thankful For?

John Stossel's lesson from Thanksgiving? Socialism is bad. He argues that without a free market economy, the Pilgrims would not have had a Thanksgiving in 1623. Ok. Maybe. But I bet you they had a doctor who would come to even the poorest among them, without needing the permission of the Plymouth HMO. And I bet that the Pilgrims tried their damndest to make sure that no one starved. In other words, I bet the Pilgrims understood the advantages and limitations of free markets.