To Comfort The Afflicted
And Afflict The Comfortable

To Comfort The Afflicted And Afflict The Comfortable

Monday, June 16, 2025

Observercast

Gifts For The Unemployed

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BY FROMA HARROP To many rational economists, holiday gift-giving is “an orgy of wealth-destruction,” writes Dan Ariely in The Wall Street Journal. A behavioral economist at Duke University, Ariely makes pro-gifting arguments while acknowledging the bah-humbug view, which goes as follows: Givers often spend money on things others don’t necessarily want, and the recipients frequently think the present cost less than the price actually paid for it. ‘Tis more rational to give cash. For our […]

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Arnold Hamilton
Arnold Hamilton
Arnold Hamilton became editor of The Observer in September 2006. Previously, he served nearly two decades as the Dallas Morning News’ Oklahoma Bureau chief. He also covered government and politics for the San Jose Mercury News, the Dallas Times Herald, the Tulsa Tribune and the Oklahoma Journal.