No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, February 1, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Happy Thanksgiving – Econlib

by TheAdviserMagazine
2 months ago
in Economy
Reading Time: 3 mins read
A A
Happy Thanksgiving – Econlib
Share on FacebookShare on TwitterShare on LInkedIn


Tomorrow in the United States is Thanksgiving, the American version of a harvest festival celebrating the bounty of the earth and preparing for the winter ahead. We trace the history of our holiday to a documented 1621 gathering of English Pilgrims and the native Wampanoag tribe in modern-day Plymouth, Massachusetts.

The Pilgrims had immigrated from England the previous year, looking to escape religious persecution. After a perilous journey across the Atlantic, the Pilgrims landed in America. First, they landed in modern-day Provincetown. The sandy soil wasn’t ideal for agriculture, so they boarded the Mayflower again and took the (relatively) short trip across Massachusetts Bay and landed in Plymouth. The first winter was horrific. Between scurvy from the long voyage and the harsh Massachusetts winters, half of the settlers did not live to see Spring. 

The next year was more normal, but life was still difficult for the Pilgrims. Agrarian society is not an ideal way to live: backbreaking work all day long, and so much depends on the weather. I grew up in a small town just next door to Plymouth; the weather is as unpredictable as anything. But that year, they managed a successful harvest. As was tradition among most peoples of the world, after the harvest, they gathered to give thanks and share in the bounty. 

The tradition of harvest festivals continues, formalized into this holiday of Thanksgiving. Of course, hunger remains a problem. There are numerous regulations that should be removed to promote better access to fruits and vegetables and other healthy foods.  For example, sell-by dates lead to significant waste. Subsidies on corn and tariffs on sugar lead to the use of a lot of unhealthy additives.  Food price supports lead to unnaturally high prices.  Municipal regulations often prevent charities from distributing or providing food. Reducing these regulations will help increase access to food, lower the price of food, and reduce food waste.  

In a recent EconLog post, Daniel Smith discussed how the FDA was used as a bludgeon against whiskey manufacturers.  Daniel cites Jack High and Clayton Coppin in that story.  Those same authors also wrote a book, The Politics of Purity, which examines the issue more broadly to include the food chain (I thank Econlib editor Pat Lynch for pointing me to the book).

There will be far too many who go without on a day when we celebrate how much we have. I do not wish to minimize their suffering, nor the suffering of those throughout the world who still live at or near subsistence level. The fight against hunger is not nearly done. But that does not mean we cannot celebrate the massive strides made against hunger, either. 

The reason for the season has changed because it’s much more rare that food insecurity is a pressing concern. As a consequence, Thanksgiving has become a day to celebrate one’s blessings.  Millions of Americans will criss-cross the nation to see friends, loved ones, and family. We celebrate our extraordinary abundance. We live in a place where less than 2% of our workers need to work in agriculture to provide the food we need. When there are droughts or other conditions that could previously have resulted in famine, we can import food, either from other places in the country or elsewhere in the world, to feed those who would have gone without because of lost crops. According to the Food and Agriculture Organization of the United Nations, less than 2.5% of Americans die of malnutrition. We celebrate these blessings.

For those of you traveling, may your journeys be safe and may you return home. May you all enjoy the company of loved ones, wherever in the world you may be. And may you all enjoy the peace and comfort our shared and created abundance brings.

 

Happy Thanksgiving, everyone!

[1] A note on the data from the source: “The FAO reports all values below 2.5% as ‘<2.5%’ due to high uncertainty at very low levels of undernourishment.”



Source link

Tags: EconlibHappyThanksgiving
ShareTweetShare
Previous Post

TurkStream Is in Washington and Brussels’ Crosshairs, But Math to Replace the Russian Gas Doesn’t Add Up

Next Post

Government Chains Are Shackling Europe

Related Posts

edit post
Beware Of February Onward | Armstrong Economics

Beware Of February Onward | Armstrong Economics

by TheAdviserMagazine
February 1, 2026
0

COMMENT: Hyperinflation and sanctions on cue in Iran, 103.2 years before Weimar. Iran headed to 47.3 year peak in early...

edit post
Links 2/1/2026 | naked capitalism

Links 2/1/2026 | naked capitalism

by TheAdviserMagazine
February 1, 2026
0

This 3D floor in Thailand tricks your senses into feeling movement while you stay still. 📹Daniyanizami11 pic.twitter.com/Og6hDPrkfz — Science girl...

edit post
Cybernetic Attention: All Watched over by Machines We Learned to Watch

Cybernetic Attention: All Watched over by Machines We Learned to Watch

by TheAdviserMagazine
February 1, 2026
0

Conor here: In the following piece, D. Graham Burnett traces a line between today’s AI and the early 20th century...

edit post
IRAN Into 2027 | Armstrong Economics

IRAN Into 2027 | Armstrong Economics

by TheAdviserMagazine
February 1, 2026
0

QUESTION: Do you still see the risk of a Middle East War by 2027? HF ANSWER: Unfortunately, yes. I will...

edit post
The Division of Labor | Mises Institute

The Division of Labor | Mises Institute

by TheAdviserMagazine
January 31, 2026
0

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...

edit post
How a US/Israeli Strike on Iran Could Ignite a Wider Conflict

How a US/Israeli Strike on Iran Could Ignite a Wider Conflict

by TheAdviserMagazine
January 31, 2026
0

Yves here. As we have often noted, Paul Roger’s articles are a mixed bag. He often raises good issues but...

Next Post
edit post
Government Chains Are Shackling Europe

Government Chains Are Shackling Europe

edit post
Health makes wealth, says Equirus, as healthcare fundraising crosses pre-Covid high of Rs 62,432 crore

Health makes wealth, says Equirus, as healthcare fundraising crosses pre-Covid high of Rs 62,432 crore

  • Trending
  • Comments
  • Latest
edit post
Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a 8 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a $348 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

January 10, 2026
edit post
Utility Shutoff Policies Are Changing in Several Midwestern States

Utility Shutoff Policies Are Changing in Several Midwestern States

January 9, 2026
edit post
80-year-old Home Depot rival shuts down location, no bankruptcy

80-year-old Home Depot rival shuts down location, no bankruptcy

January 4, 2026
edit post
Tennessee theater professor reinstated, with 0,000 settlement, after losing his job over a Charlie Kirk-related social media post

Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post

January 8, 2026
edit post
Elon Musk Left DOGE… But He Hasn’t Left Washington

Elon Musk Left DOGE… But He Hasn’t Left Washington

January 2, 2026
edit post
Florida Snowbirds Are Running Into Residency Documentation Problems

Florida Snowbirds Are Running Into Residency Documentation Problems

January 10, 2026
edit post
“I Think This Turn Is Solid and Long-Lasting”

“I Think This Turn Is Solid and Long-Lasting”

0
edit post
Week 5: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

Week 5: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

0
edit post
Psychology says people who fade into the background in groups usually possess these 8 hidden strengths that others completely miss

Psychology says people who fade into the background in groups usually possess these 8 hidden strengths that others completely miss

0
edit post
What CIOs Are Doing To Modernize Fragile Cores

What CIOs Are Doing To Modernize Fragile Cores

0
edit post
Powering Smart, Faster, All-in-One Workflows

Powering Smart, Faster, All-in-One Workflows

0
edit post
Free Templates Released on Tuesdays – Now Available

Free Templates Released on Tuesdays – Now Available

0
edit post
Psychology says people who fade into the background in groups usually possess these 8 hidden strengths that others completely miss

Psychology says people who fade into the background in groups usually possess these 8 hidden strengths that others completely miss

February 1, 2026
edit post
What CIOs Are Doing To Modernize Fragile Cores

What CIOs Are Doing To Modernize Fragile Cores

February 1, 2026
edit post
Top energy expert puts odds of U.S. attack on Iran at 75% — ‘this one is real’

Top energy expert puts odds of U.S. attack on Iran at 75% — ‘this one is real’

February 1, 2026
edit post
Week 5: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

Week 5: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

February 1, 2026
edit post
US Winter Storm Hits Bitcoin Miner Production, Data Shows

US Winter Storm Hits Bitcoin Miner Production, Data Shows

February 1, 2026
edit post
Is This a Hidden Catalyst or Just More Noise for Investors?​​

Is This a Hidden Catalyst or Just More Noise for Investors?​​

February 1, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Psychology says people who fade into the background in groups usually possess these 8 hidden strengths that others completely miss
  • What CIOs Are Doing To Modernize Fragile Cores
  • Top energy expert puts odds of U.S. attack on Iran at 75% — ‘this one is real’
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.