Subscribe to this RSS feed
Saturday, 01 December 2018 17:01

The Deadweight Loss of Christmas

Christmas is coming (queue a chorus of voices decrying Christmas displays in shops from August and the commercialisation of the Christmas season). But as you open yet another ill-fitting knitted jumper and garish pair of socks from great aunt Gertrude, have you ever wondered about the “efficiency” of your gifts? Confused? Let me explain.

Published in Economics
TOP
TOP