Happy Thanksgiving to our American readers. Try slipping some raw bacon and butter under your turkey's skin for a really good bird. And before you cook, you might wish to peruse these two Thanksgiving-themed pieces of mine.
In this morning's Philadelphia Inquirer, I review the data on the falling costs of most goods and services and their widespread availability to even the poorest Americans and argue that, even in the current recession, the market gives us plenty to be thankful for in the long run.
And today's "The Calling" looks even more broadly at how much better we have it than our ancestors and how much better yet our kids and grandkids will likely have it. Yes, government has retarded this progress, but the power of markets and human ingenuity have triumphed, and I believe this will continue. The Smithian and Schumpeterian horses are just that much faster than the Stupid horse.