Thankgiving Economic History

Intellectual honesty is paramount in investing.

“In the fall of 1621, 90 Wampanoag Indians and 52 English colonists gathered for a three-day harvest feast.”  The First Thanksgiving by Elizabeth Armstrong.

In a less romantic version, the hardships were real and the Governor called for a special harvest celebration.  (millsgen)

A sadistic account in which incorrect facts make it propaganda imo:  “The first Thanksgiving Day did occur in the year 1637…Massachusetts Colony Governor, John Winthrop, proclaimed such a “Thanksgiving” to celebrate the safe return of a band of heavily armed hunters…returned from their journey to what is now Mystic, Connecticut where they massacred 700 Pequot Indians. Seven hundred Indians – men, women and children – all murdered.”  Huffington Post

The free market economic explanation:  The Great Thanksgiving Hoax at Mises.

4 thoughts on “Thankgiving Economic History

  1. Great article ( The Great Thanksgiving Hoax)
    Let’s all give thanks for all we have. And may God continue to bless each of you in the coming year.

  2. Greetings ISA members! Some holiday humor: On Tuesday a couple of potential clients came to visit me and one of them was from England. He was a very pleasant chap and quite witty. On the way out, foolishly, I asked-are you flying home in time for Thanksgiving with your family? To which he replied chuckling and in deep accent-Thanksgiving? Whata ya talkn about-We got rid of those guys!!! We laughed for a while and I realized today is a good day to remember the pilgrims too. They left the mother country for something better and took a big risk to find a new land. Good thing I have children in grade school and ISA to remind me of these things.
    Great Post JJ! Happy Thanksgiving to all.

    • My American friends in the Philippines still celebrate the American Thanksgiving while in a foreign land. However, my Canadian friends in the Philippines tend to skip their (October) Thanksgiving.

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