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What's better -- Her private law of the public people private they probably charging -- -- -- looking I'd say public.
Pilots -- -- Wednesday public village president here and now I.
You would think right well John -- last few New Yorkers weather parks are better run as public property or private property what those folks didn't know.
Is that the park that they were actually in that's New York's Bryant Park is privately run even -- they also -- public is better and that's a point private.
It's always better recording us -- he goes.
All the way back to the pilgrims in Plymouth Massachusetts to -- the story of something called the tragedy of the commons -- good to see it.
You to your show is on Thanksgiving which is very appropriate because you start.
By talking about the pilgrims.
The pilgrims I -- know this they started out kind of with a socialist.
Model didn't it.
They did I wouldn't call it socialist because -- company that was funding mom ordered this but it was -- you little that was.
-- like each according to his feasibility.
And everything would be share those -- that's Erica -- -- how does that work out for.
They went nearly star for two years they nearly start because.
If you share everything you have an incentive to get the -- may be before it's right if -- wait too long somebody else will take the corner.
People grab what they could young people said -- -- too sick to work.
They nearly start and then governor Bradford who was in charge of -- said.
We've heard change -- we were all assigned to every family a parcel of land.
They don't prosperity.
Because of private property they had much more -- they had enough to have Thanksgiving and invite the Indians -- And now we celebrate this but the school teachers don't teach this how -- it I type this school -- I didn't know about this by the way.
Lot of people when it's when you say that players the private is better in the public they'll say well what about the public parks you have these.
Beautiful parks Yellowstone National Park or other parks and everything.
They wouldn't exist word not for the public sector going in and forcing some of -- beautiful and to be saved how do you answer that.
-- in some cases yes it took.
The power force we only get the government to say no one can develop here.
But then who's gonna manage these -- these national remarks are awfully badly.
Often badly managed and here -- -- that he had two very good examples not for her from the studio.
Bryant Park which was awful it was a place where the drug dealers would -- -- and people were scared to go there.
Businesses got together hired someone to run it yes.
Sort of a private chariot with businesses and make some money back from it or Central Park -- those of us who live around that full disclosure on the board of Central Park.
We give money because we saw want to -- it was.
That the city.
Didn't choose to spend the money or spends money badly.
-- a degree of central part by the way we just saw a picture the skating rink grab the ice skating rink in Central Park the fact is is that the city was trying for years and years and years to build that thing.
Donald Trump finally -- has kept leaking let me do it make it work.
Donald Trump and a few months made central are made wall lingering in Central Park -- Finally it's not just here it's all over the world Egypt you bring up examples from Egypt where the common doesn't work so well.
And this I learned from Hernando DeSoto who has devoted his life to going around the world explaining to people how if you have private property deeds you can create wealth.
These things these housing projects we're looking at.
Are people who on their own just build a place to live on top of another place -- They don't really have a -- to their property so they can't create wealth they can't get a mortgage they can't borrow against it.
It's a reason Egypt is poor and folks this is just face possible Thanksgiving appetizer he's gonna have a whole new show.
This Turkey day Thursday.
It's actually coming in on Thursday to work -- -- Thanksgiving Day I can't believe the dedication -- this guy you've got to check it out this Thursday Stossel.
Not 9 PM and it is repeated at denied jobs council thank you very thank you David -- --
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