Zero Hedge: Pets Suck But Jewelry Rocks - The Best & Worst Gifts (And Gift-Givers) Of Christmas
"Anyone who has studied microeconomics knows... that an income transfer, as opposed to a gift in-kind, gets you to a higher level of utility," but as WSJ reports, putting theory under the tree is another matter. After years of studying the economics of gift-giving, economists have found that some gifts are valued more highly than others, and that some gift-givers seem to be better than others...
WNU Editor: The "Hot" item for this Christmas was to get a gun .... Guns top Christmas wish lists and the industry seems to be booming (The Guardian).
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