David R. Henderson  

The Economics of Christmas: An Addendum

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John Carney, over at CNBC, has a hilarious parody of some of the leading economics blogs. The topic: the economics of Christmas.

I can't top it, but here is an addendum.

Brad DeLong, Grasping Reality, "Worst Person in the World"

Santa Claus has not spoken out against income inequality. That makes him today's "worst person in the world."


David Henderson, Econlog, "How Americans' Focus on Santa Promotes Nativism"

How come everyone's always focusing on what Santa is bringing to American kids? What are they, nativists?

UPDATE: Never mind. Mark Bahner just informed me that Santa brings toys to kids around the world. My bad.


Daniel Kuehn, Facts and Other Stubborn Things, "This is What Austerity Looks Like"

Look at this graph of the value of gifts brought by Santa. Sure, it increased, but the rate of the increase is much lower than at any other time in the last 50 years.


Merry Christmas, everyone!


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CATEGORIES: Economic Philosophy



COMMENTS (2 to date)
Mark Bahner writes:
UPDATE: Never mind. Mark Bahner just informed me that Santa brings toys to kids around the world.

All I know is what I see on the NORAD site. And after all, would the federal government lie to you? (OK, sure...but on Christmas?)

Happy Chrismahanniqwanzika!


mobile writes:

Why is Brad DeLong being so soft on Santa? Everyone knows that the children of rich Republicans get more and better presents than the children who get food stamps, but the only places I see people talking about it are the Daily Kos and Mother Jones. Oh why oh why can't we have a better mainstream media?

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