Tag Archives: Christmas

Does Christmas Really Create Deadweight Loss?

"I want a baby doll and a waterproof [coat] with a hood and a pair of gloves and a toffee apple and a gold penny and a silver sixpence and a long toffee." Annie Howard, Christmas 1911. In 1993, Joe Waldfogel asked his undergraduates to estimate the total amount paid by the gift-givers for all […]

Rendering More Unto Caesar

Given that the Christmas season is associated with giving, rendering unto Caesar is a suitable blog topic even if it is compulsory rather than voluntary giving.