---
title: "Thankgiving Economic History"
url: https://independentstockanalysis.com/thankgiving-economic-history/
description: "Intellectual honesty is paramount in investing. “In the fall of 1621, 90 Wampanoag Indians and 52 English colonists gathered for a three-day harvest…"
published: 2012-11-22
updated: 2012-11-22
---

# Thankgiving Economic History

Published 2012-11-22

Posted on

by

J.J. Butler

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](http://www.coachk.net/pdf/The%20First%20Thanksgiving.pdf).

In a less romantic version, the hardships were real and the Governor called for a special harvest celebration. ([millsgen](http://www.millsgen.com/gen/hist/pilstor4.htm))

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](http://www.huffingtonpost.com/richard-greener/the-true-story-of-thanksg_b_788436.html)

The free market economic explanation: The Great Thanksgiving Hoax at [Mises](http://mises.org/daily/336).
