Presents? Bah humbug!
"Scroogenomics" author Joel Waldfogel thinks we should stop giving holiday gifts entirely.
‘Tis the season…to shop. If you need another excuse, many economists say it’s good, even necessary, for economic recovery. But economist Joel Waldfogel estimates that Americans drop close to $70 billion a year on Christmas presents that no one wants. Society, he adds, would be better off without this “orgy of wealth destruction.” Should we stop giving gifts all together? What about sentimental value?
Guest:
Joel Waldfogel, author, Scroogenomics: Why You Shouldn’t Buy Presents for the Holidays (Princeton University Press), Professor and Chair of Business and Public Policy at the Wharton School of the University of Pennsylvania.
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- Senate bill drops public option
- Christmas music in schools
- U.S. policy toward Pakistan
- Presents? Bah humbug!
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Events
Film Week Oscar Preview
Sunday, February 19, 2012
1 p.m.
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It’s a hit with boffo box office! The 10th annual “Film Week on AirTalk” Academy Awards preview is coming to the historic Egyptian Theater on Hollywood Boulevard, Sunday, February 19th. The full cast of “Film Week” critics joins Larry Mantle to debate which nominees should take the top categories. Audience ... » More info
