25 month ago
jkottke : James Surowiecki discusses the waste of holiday giving - 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 i
Rod Begbie : The New Yorker : The Gift Right Out - "Waldfogel’s main finding is that, in general, people spend a lot more on presents than they’re worth to those who receive them." [via] #
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