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Scroogenomics
''Scroogenomics'' is a non-fiction book written by the economist Joel Waldfogel. Overview In his book Waldfogel argues that purchasing gifts for other people is a "terrible way to allocate resources" as a result of gift givers' lack of knowledge of the recipients' true preferences. Waldfogel estimates that approximately $12 billion a year in the U.S. and $25 billion a year worldwide is misallocated in Yuletide Yule, actually Yuletide ("Yule time") is a festival observed by the historical Germanic peoples, later undergoing Christianised reformulation resulting in the now better-known Christmastide. The earliest references to Yule are by way of indig ... giftgiving, which he calls "an orgy of wealth destruction". See also * '' The Tyranny of the Market'' – also written by Waldfogel References External links * Cowie, Ian –''Scroogenomics'': three in four say they will not buy Christmas presents this year"''The Telegraph''. 11 Dec 2012 * Langer, Ellen –''The Huffingt ...
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Joel Waldfogel
Joel Waldfogel is an American economist and the Frederick R. Kappel Chair in Applied Economics at the University of Minnesota's Carlson School of Management. Education and career Waldfogel grew up in South Minneapolis, Minnesota, where he attended Washburn High School. He then attended Brandeis University, where he received his B.A. in economics in 1984. He received his Ph.D. from Stanford University in 1990, also in economics. Before joining the University of Minnesota in 2010, he was the Ehrenkranz Family Professor of Business and Public Policy at the Wharton School of the University of Pennsylvania from 2003 to 2010. From 2006 to 2009, he was the chair of Wharton's Business and Public Policy Department, and he served as the Associate Vice Dean for their Doctoral Program from 2000 to 2005. Books *'' The Tyranny of the Market'' (Harvard University Press, 2007) *''Scroogenomics'' (Princeton University Press Princeton University Press is an independent publisher with close co ...
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The Tyranny Of The Market
''The Tyranny of the Market'' is a book written by then- Wharton School of Business professor Joel Waldfogel. According to '' Forbes'' the book "makes the case that while markets do a good job of providing products that a majority of people demand, they can fall short of meeting the needs of consumers with less prevalent preferences." See also * ''Scroogenomics ''Scroogenomics'' is a non-fiction book written by the economist Joel Waldfogel. Overview In his book Waldfogel argues that purchasing gifts for other people is a "terrible way to allocate resources" as a result of gift givers' lack of knowledg ...'' – also written by Waldfogel References External links * 2007 non-fiction books Business books Books critical of capitalism Harvard University Press books {{econ-book-stub ...
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Nonfiction
Nonfiction, or non-fiction, is any document or media content that attempts, in good faith, to provide information (and sometimes opinions) grounded only in facts and real life, rather than in imagination. Nonfiction is often associated with being presented more objectively, like historical, scientific, or otherwise straightforward and accurate information, but sometimes, can be presented more subjectively, like sincerely held beliefs and thoughts on a real-world topic. One prominent usage of nonfiction is as one of the two fundamental divisions of narrative (storytelling)—often, specifically, prose writing—in contrast to narrative fiction, which is largely populated by imaginary characters and events, though sometimes ambiguous regarding its basis in reality. Some typical examples of nonfiction include diaries, biographies, news stories, documentary films, textbooks, travel books, recipes, and scientific journals. While specific claims in a nonfiction work may p ...
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Princeton University Press
Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large. The press was founded by Whitney Darrow, with the financial support of Charles Scribner, as a printing press to serve the Princeton community in 1905. Its distinctive building was constructed in 1911 on William Street in Princeton. Its first book was a new 1912 edition of John Witherspoon's ''Lectures on Moral Philosophy.'' History Princeton University Press was founded in 1905 by a recent Princeton graduate, Whitney Darrow, with financial support from another Princetonian, Charles Scribner II. Darrow and Scribner purchased the equipment and assumed the operations of two already existing local publishers, that of the ''Princeton Alumni Weekly'' and the Princeton Press. The new press printed both local newspapers, university documents, ''The Daily Princetonian'', and later added book publishing to it ...
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Yuletide
Yule, actually Yuletide ("Yule time") is a festival observed by the historical Germanic peoples, later undergoing Christianised reformulation resulting in the now better-known Christmastide. The earliest references to Yule are by way of indigenous Germanic month names ' (Before Yule) or ' and ' (After Yule). Scholars have connected the celebration to the Wild Hunt, the god Odin and the pagan Anglo-Saxon Mōdraniht. Terms with an etymological equivalent to ''Yule'' are used in the Nordic countries for Christmas with its religious rites, but also for the holidays of this season. ''Yule'' is also used to a lesser extent in English-speaking countries to refer to Christmas. Customs such as the Yule log, Yule goat, Yule boar, Yule singing, and others stem from Yule. A number of Neopagans have introduced their own rites. Etymology ''Yule'' is the modern English representation of the Old English words ' or ' and ' or ''ġéoli'', with the former indicating the 12-day festival of "Y ...
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The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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RealClearPolitics
RealClearPolitics (RCP) is an American political news website and polling data aggregator formed in 2000 by former options trader John McIntyre and former advertising agency account executive Tom Bevan. The site features selected political news stories and op-eds from various news publications in addition to commentary from its own contributors. The site is prominent during election seasons for its aggregation of polling data. In 2008, the site's founders said their goal was to give readers "ideological diversity". According to a 2012 article in the ''Chicago Sun-Times'', competitors and people inside politics have praised the site's balance of stories, although a 2020 article in ''The New York Times'' noted that since the end of 2017, RealClearPolitics has had a rightward, pro-Donald Trump turn in its content. According to a 2020 Knight Foundation study, RealClearPolitics is generally read by a moderate audience, leaning slightly toward the right. Establishment The web ...
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Economics Books
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational and be ...
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