<!-----kanoodle cookies-----> <SCRIPT language="JavaScript1.1" type="text/javascript" src="http://context5.kanoodle.com/cgi-bin/ctpub_adserv.cgi?id=85039742&site_id=85039743&format=conly"></SCRIPT> <!-----kanoodle cookies-----> <body> <body bgcolor="#8F8F6B">
 

Home

StatCounter

Monday, December 18, 2006

James Surowiecki discusses the waste of holiday giving (kottke.org)

James Surowiecki discusses the waste of holiday giving (kottke.org):

James Surowiecki discusses the waste of holiday giving. "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.'" This is one of my big problems with the whole Christmas thing. Related: gift cards worth billions of dollars are left unredeemed each year.

Contact SnarkySpot