A Week Too Late: The Deadweight of Christmas
December 20, 06 by edThe New Yorker has an article about the waste of Christmas spending:
“Waldfogel’s main finding is that, in general, people spend a lot more on presents than they’re worth to those who receive them, a phenomenon that he calls ‘the deadweight loss of Christmas.’”
The solution? Go small and thoughtful. Buy a gift card. Keep it simple.
That’s about a week too late for me, I suppose. Maybe I can put a link to this article into my Google calendar and set a reminder for next November.
HT: Jordon
- Date Wednesday, 20 Dec 06 at 3:41 pm
- Under the living room
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