Wednesday, April 7, 2010 as of 11:14 AM ETNovember 25, 2010 11:47 AM UTC by John StosselHappy Thanksgiving!On tonight's show (FBN @ 9pm ET), I give thanks for property rights, because without them, we would be poor, cold and hungry. People like the idea of sharing and communal property ... But communal property leads to what economists call "the Tragedy of the Commons."I first heard that phrase in a story about shepherds who lived around a grassy area they called a commons. Â Since the shepherds shared this free, green grass, they grabbed as much of it as possible....
Source: http://www.realclearpolitics.com/2010/11/27/giving_thanks_for_property_rights_246407.html
Al Gore Amy Klobuchar Arlen Specter Arnold Schwarzenegger Barack Obama
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