Woodstock's Blog
Books and other stuff I feel like discussing

By education and experience - Accountant with a specialty in taxation. Formerly a CPA (license has lapsed). Masters degree in law of taxation from University of Denver. Now retired. Part time work during baseball season as receptionist & switchboard operator for the Colorado Rockies. This gig feeds my soul in ways I have trouble articulating. One daughter, and four grandchildren. I share the house with two cats; a big goof of a cat called Grinch (named as a joke for his easy going "whatever" disposition); and Lady, a shelter adoptee with a regal bearing and sweet little soprano voice. I would be very bereft if it ever becomes necessary to keep house without a cat.
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Mood:
Intrigued

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Economics and Christmas

A few days ago, one of my regular readers had these observations about Christmas, and I especially appreciated his last paragraph.

Parenthetically, I might add that I have always understood the gifts presented by the Magi to indicate: (1)the status of a king {gold}; (2)the status of a priest {frankincense}; and (3)the foreshadowing of his death {myrhh, which was one of the herbs used to cleanse the body before burial}

But, back to economics. One of the podcasts I listen to regularly is NPR's Planet Money. About a week ago, they published this segment with some very interesting observations from an economist about the burdensome economic costs of much Yuletide giving as well as a very instructive visit to a New York City seventh grade classroom. If you have a good connection and the time, I recommend listening to the episode, although you can appreciate the point by reading the text.

I was intrigued, and thought perhaps you might be as well.

Happy New Year to all my readers, commentators, and lurkers!



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