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Mr. Larsen's avatar

Wish me good luck. I took this awesome email and put it through AI to create a presentation version of this article. It's awesome. I even asked for a great image of the Thanksgiving Committee arguing over what to make how much to make and debating over the National Menu. Hilarious! Thanks again and keep these coming!

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John Quiggin's avatar

This isn't really Hayek, more Schelling. Hayek's emphasis was on the way the price mechanism produces spontaneous order. That explains why there are enough turkeys to meet the demand. But the choice of turkey, rather than chicken or pork reflects convergence on a salient point. Same for Christmas trees, valenintes etc. Everyone (roughly) wants to dp whatever everyone else is doing, and turkey was a salient option when these norms were established (in nearly all cases, in the second half of the 19th century)

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