Daniel Griswold: How Capitalism Saved The Pilgrims

Sometimes, father knows best. When I was growing up, my father would occasionally tell me the story around this time of year of how private property rights saved the Pilgrims from starvation. When the Pilgrims first arrived in 1620, as my father told the story, they tried to live communally according to the spirit of the Mayflower Compact. What crops they grew were put ... MORE