Scroogenomics: Why You Shouldn't Buy Presents for the Holidays



Scroogenomics: Why You Shouldn't Buy Presents for the Holidays
Publisher: Princeton University Press | ISBN: 0691142645 | edition 2009 | File type: PDF | 186 pages | 1 mb

Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lotsand lotsof gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receivethe rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, Scroogenomics illustrates how our consumer spending generates vast amounts of economic wasteto the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.

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