4min chapter

Cautionary Tales with Tim Harford cover image

The Company That Cancelled Christmas

Cautionary Tales with Tim Harford

CHAPTER

I Still Buy Christmas Presents

Stanford Harvard study found that some people lose £2,000 a year. We can all play our own little role in shaping the Christmas culture. In Harriet Beecher Stowe's story The Good Fairy, her characters decide to stop giving Christmas presents altogether and make charitable donations instead. But if you go back and re-read A Christmas Carol, you'll see that Scrooge didn't waste his money on extravagant and showy gifts for people who didn't need them. And he gave Bob Cratchit the greatest Christmas gift of all. That's the Christmas spirit. God bless us, everyone.

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