Private Property Rights Made the First Thanksgiving Possible

When they came to America, the pilgrims decided to share everything. The governor of Plymouth Colony, William Bradford, wrote that the pilgrims thought “taking away of property and [making it communal]…would make them happy and flourishing.” Food and supplies were distributed based on need. Pilgrims would not selfishly produce food for themselves. In other words, they, like Sen. Bernie Sanders (I–Vt.) and many American young people today, fell in love with the idea of socialism. The result was ugly.

Once a Communist Backwater, Georgia Discovered the Benefits of Free Markets; Now It Risks Abandoning Them

Georgia (the ex-Soviet Republic, not the U.S. state) is now a remarkable success story. Its economy is growing at 5 percent per year, and the country ranks ahead of the United States in economic freedom. Yet, 20 years ago, Georgia was even more miserably poor than the rest of the former Soviet Union. So, what can America and the rest of the world learn from Georgia’s progress?