Foundation for Economic Education
Published on 7 Dec 2017The classic holiday film Elf offers a lot more than a good time and a bunch of laughs. It teaches you how to get the most out of your life by finding your comparative advantage – the intersection between what you’re good at and what people need.
After watching this video, download our free ebook “Your Life, Your Work” to learn more about how to find your own comparative advantage and build a life you’re excited about.
Get it here: https://info.fee.org/your-life-your-work
December 22, 2017
Learning To Be Yourself With Buddy The Elf
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December 21, 2017
Repost – The Monkees – “Riu Chiu” HD (Official Music Video) – from THE MONKEES – THE COMPLETE SERIES Blu Ray
Uploaded on 15 Dec 2015
The Monkees perform “Riu Chiu” from Episode 47, “The Monkees’ Christmas Show”.
H/T to Kathy Shaidle for the link.
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December 20, 2017
WW1 Christmas Truce: Silent Night – Extra History – #1
Extra Credits
Published on 17 Dec 2017Sponsored by World of Tanks! New players: Download the game and use the code ARMISTICE for free goodies! http://cpm.wargaming.net/ivmqe6kc/?pu…
PLUS! In the spirit of the Christmas Truce, World of Tanks has prepared a gift box for EVERY PLAYER. Redeem the bonus code: HULSE14On Christmas Eve in 1914, soldiers in the trenches sang together across the wastes of No Man’s Land. Some were brave enough to step out of their trenches and meet face-to-face, forming an unofficial truce that lasted (with a few blemishes) until the end of Christmas Day.
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Repost – Happy holiday travels!
H/T to Economicrot. Many many more at the link.
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How to Have a British Christmas – Anglophenia Ep 20
Anglophenia
Published on 3 Dec 2014From explosives at the dinner table to burning letters to Santa, Siobhan Thompson looks at 10 ways Christmas differs in Britain. (Notably, they don’t call them the holidays.)
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December 19, 2017
Repost – “An ‘American tradition’ is anything that happened to a baby boomer twice”
Hard to refute the latest xkcd take on Christmas music:
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December 18, 2017
Repost – Induced aversion to a particular Christmas song
Earlier this year, I had occasion to run a Google search for “Mr Gameway’s Ark” (it’s still almost unknown: the Googles, they do nothing). However, I did find a very early post on the old site that I thought deserved to be pulled out of the dusty archives, because it explains why I can — to this day — barely stand to listen to “Little Drummer Boy”:
Seasonal Melodies
James Lileks has a concern about Christmas music:
This isn’t to say all the classics are great, no matter who sings them. I can do without “The Little Drummer Boy,” for example.
It’s the “Bolero” of Christmas songs. It just goes on, and on, and on. Bara-pa-pa-pum, already. Plus, I understand it’s a sweet little story — all the kid had was a drum to play for the newborn infant — but for anyone who remembers what it was like when they had a baby, some kid showing up unannounced to stand around and beat on the skins would not exactly complete your mood. Happily, the song has not spawned a sequel like “The Somewhat Larger Cymbal Adolescent.”
This reminds me about my aversion to this particular song. It was so bad that I could not hear even three notes before starting to wince and/or growl.
Back in the early 1980’s, I was working in Toronto’s largest toy and game store, Mr Gameway’s Ark. It was a very odd store, and the owners were (to be polite) highly idiosyncratic types. They had a razor-thin profit margin, so any expenses that could be avoided, reduced, or eliminated were so treated. One thing that they didn’t want to pay for was Muzak (or the local equivalent), so one of the owners brought in his home stereo and another one put together a tape of Christmas music.
Note that singular. “Tape”.
Christmas season started somewhat later in those distant days, so that it was really only in December that we had to decorate the store and cope with the sudden influx of Christmas merchandise. Well, also, they couldn’t pay for the Christmas merchandise until sales started to pick up, so that kinda accounted for the delay in stocking-up the shelves as well …
So, Christmas season was officially open, and we decorated the store with the left-over krep from the owners’ various homes. It was, at best, kinda sad. But — we had Christmas music! And the tape was pretty eclectic: some typical 50’s stuff (White Christmas and the like), some medieval stuff, some Victorian stuff and that damned Drummer Boy song.
We were working ten- to twelve-hour shifts over the holidays (extra staff? you want Extra Staff, Mr. Cratchitt???), and the music played on. And on. And freaking on. Eternally. There was no way to escape it.
To top it all off, we were the exclusive distributor for a brand new game that suddenly was in high demand: Trivial Pursuit. We could not even get the truck unloaded safely without a cordon of employees to keep the random passers-by from snatching boxes of the damned game. When we tried to unpack the boxes on the sales floor, we had customers snatching them out of our hands and running (running!) to the cashier. Stress? It was like combat, except we couldn’t shoot back at the buggers.
Oh, and those were also the days that Ontario had a Sunday closing law, so we were violating all sorts of labour laws on top of the Sunday closing laws, so the Police were regular visitors. Given that some of our staff spent their spare time hiding from the Police, it just added immeasurably to the tension levels on the shop floor.
And all of this to the background soundtrack of Christmas music. One tape of Christmas music. Over and over and over and over and over and over and over again.
It’s been over 20 years, and I still feel the hackles rise on the back of my neck with this song … but I’m over the worst of it now: I can actually listen to it without feeling that all-consuming desire to rip out the sound system and dance on the speakers. After two decades.
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December 25, 2016
Repost – “Fairytale of New York”
Time:
“Fairytale of New York,” The Pogues featuring Kirsty MacColl
This song came into being after Elvis Costello bet The Pogues’ lead singer Shane MacGowan that he couldn’t write a decent Christmas duet. The outcome: a call-and-response between a bickering couple that’s just as sweet as it is salty.
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Repost – The market failure of Christmas
Not to encourage miserliness and general miserability at Christmastime, but here’s a realistic take on the deadweight loss of Christmas gift-giving:
In strict economic terms, the most efficient gift is cold, hard cash, but exchanging equivalent sums of money lacks festive spirit and so people take their chance on the high street. This is where the market fails. Buyers have sub-optimal information about your wants and less incentive than you to maximise utility. They cannot always be sure that you do not already have the gift they have in mind, nor do they know if someone else is planning to give you the same thing. And since the joy is in the giving, they might be more interested in eliciting a fleeting sense of amusement when the present is opened than in providing lasting satisfaction. This is where Billy Bass comes in.
But note the reason for this inefficient spending. Resources are misallocated because one person has to decide what someone else wants without having the knowledge or incentive to spend as carefully as they would if buying for themselves. The market failure of Christmas is therefore an example of what happens when other people spend money on our behalf. The best person to buy things for you is you. Your friends and family might make a decent stab at it. Distant bureaucrats who have never met us — and who are spending other people’s money — perhaps can’t.
So when you open your presents next week and find yourself with another garish tie or an awful bottle of perfume, consider this: If your loved ones don’t know you well enough to make spending choices for you, what chance does the government have?
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December 24, 2016
“Ebenezer Scrooge is underrated”
Last year, Tim Harford sang the praises of poor old Ebenezer:
Ebenezer Scrooge is underrated. Literature’s most notorious misanthrope gets no respect from anyone. He’s a miser, a bully and a sociopath. Only with the most strenuous pleading from three supernatural mentors does he embrace the spirit of Christmas and, in so doing, join the human race. Dickens’s story is viewed as a journey of redemption; I am not so sure.
In his original, miserly form, Scrooge actually gives us much to admire. He was a model of inadvertent benevolence. He earned vast sums and avoided spending so much as a farthing if he could help it. The economic implication of this? Regardless of Scrooge’s motives, because he spent little, everyone else enjoyed more, as surely as if Scrooge had divided his fortune and sent a few coins to everyone in the country. As the economist Steven Landsburg once wrote: “There is nobody more generous than the miser — the man who could deplete the world’s resources but chooses not to.”
[…]
It is hard for us to grasp the discrepancy between how we see the world when giving gifts and when receiving them. Recipients may appreciate cash or presents from a list and not fuss too much about expensive gifts; gift givers, in contrast, imagine that the ideal present is an expensive surprise. It isn’t. All this suggests we should probably be spending less on presents, and thinking a lot more about the presents we do buy.
Which brings us back to Scrooge himself. When he finally did decide to embrace the conventional spirit of Christmas, he didn’t waste his money on demonstrative extravagances for people whose desires he didn’t really understand. Instead, he gave three superb gifts. First, a prize turkey that he knew — thanks to a ghostly premonition — was much needed by the Cratchit family. Second, the gift of his time and attention, playing games and making merry with his nephew. Finally, he gave Bob Cratchit the greatest Christmas gift of all: a pay rise.
As I say: underrated.
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Repost – Hey Kids! Did you get your paperwork in on time?
If you hurry, you can just get your Santa’s Visit Application in before the deadline tonight!
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December 23, 2016
A tribute to the real hero of It’s a Wonderful Life – Old Man Potter
Tom Mullen explains why Mr. Potter is the hero, rather than the villain, in the traditional Christmas-time movie, It’s a Wonderful Life:
December is upon us and that means plentiful opportunities to watch the enduring classic, It’s a Wonderful Life. Unfortunately, the overwhelming majority of viewers completely misinterpret Frank Capra’s dystopian nightmare as a heartwarming Christmas tale.
The emotional appeal of angels getting their wings is undeniable. Crying out for correction, however, are the vicious slanders regarding the film’s real hero, Henry Potter.
We first hear of Potter from George Bailey’s father, Peter Bailey, who badmouths Potter with the usual falsehoods about businessmen. But during Bailey’s envious rant, we learn something important: Henry Potter is a board member of the building and loan. We later learn Potter is, in fact, a stockholder.
That puts a somewhat different light on his subsequent motion to liquidate the business upon Peter Bailey’s death. Yes, we hear George Bailey repeating the familiar socialist tropes his father did: that Potter only wants to close the building and loan because he “can’t get his hands on it” and considers the little people cattle, etc.
But Potter responds with some rather inconvenient facts: the building and loan has been making bad business decisions, providing what we’d now call subprime loans to people who can’t pay them back.
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Repost – Kate Bush – Christmas Special 1979 (Private Remaster)
Published on 5 Oct 2013
I know there’s a good few copies of this out on YouTube, but here it is, again! The other copies were either split up into individual tracks, the best complete one (from BBC Four’s rebroadcast in 2009) had the wrong aspect ratio, which annoyed the hell out of me! So, here this is…
Video and audio have been tidied up very slightly, not much was needed!
Kate Bush – Christmas Special
Tracklist:
(Intro) 00:00
Violin 00:29
(Gymnopédie No.1 – composed by Erik Satie) 03:44
Symphony In Blue 04:44
Them Heavy People 08:20
(Intro for Peter Gabriel) 12:52
Here Comes The Flood (Peter Gabriel) 13:22
Ran Tan Waltz 17:02
December Will Be Magic Again 19:43
The Wedding List 23:35
Another Day (with Peter Gabriel) 28:05
Egypt 31:41
The Man With The Child In His Eyes 36:21
Don’t Push Your Foot On The Heartbreak 39:24“I was recently asked about this BBC TV special and I thought I’d share my comments here. Kate: Kate Bush Christmas Special is a stage performance by Kate Bush with her special guest Peter Gabriel. Though most of the songs are not holiday ones, they come from Bush’s first three albums (Never for Ever her third album would be released in 1980 after this 1979 TV special was taped). The performances include costumes, choreographed dances and a wind machine, creating an eclectic music TV special to say the least.
This is one of the programs that makes my research quite difficult — because it calls itself a Christmas Special yet it contains only one performance of a Christmas song “December Will Be Magic Again” (a song that wouldn’t be released as a single by Bush until the following year, in 1980). TV programming that calls itself a Christmas Special and yet contains little to no Christmas entertainment is actually quite common — especially on the BBC.
Between the end of November and the end of December each year, there is quite a bit of special programming on television. Remember Elvis’ 1968 Comeback Special — it aired in December that year and includes only one holiday song, a performance of “Blue Christmas.” Is it considered a Christmas special? No, not really. And so, despite its title, the lack of holiday programming in Kate Bush’s 1979 TV special means it shouldn’t be considered a Christmas special either. But the Kate Bush Christmas Special is certainly worth watching!”
H/T to Ghost of a Flea for the link.
December 22, 2016
The Libertarian Holiday Gift Guide
Published on Dec 20, 2016
Don’t know what to get the libertarians on your holiday list? We’ve got you covered!
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“Merry Christmas” versus “Happy Holidays” versus “Happy Midwinter Break”
L. Neil Smith on the joy-sucking use of terms like “Happy Midwinter Break” to avoid antagonizing the non-religious among us at this time of year:
Conservatives have long whimpered about corporate and government policies forbidding employees who make contact with the public to wish said members “Merry Christmas!” at the appropriate time of the year, out of a moronic and purely irrational fear of offending members of the public who don’t happen to be Christian, but are Jewish, Muslim, Hindu, Buddhist, Sikh, Jain, Rastafarian, Ba’hai, Cthuluites, Wiccans, worshippers of the Flying Spaghetti Monster, or None of the Above. The politically correct benediction, these employees are instructed, is “Happy Holidays”.
Feh.
As a lifelong atheist, I never take “Merry Christmas” as anything but a cheerful and sincere desire to share the spirit of the happiest time of the year. I enjoy Christmas as the ultimate capitalist celebration. It’s a multiple-usage occasion and has been so since the dawn of history. I wish them “Merry Christmas” right back, and I mean it.
Unless I wish them a “Happy Zagmuk”, sharing the oldest midwinter festival in our culture I can find any trace of. It’s Babylonian, and celebrates the victory of the god-king Marduk over the forces of Chaos.
But as anybody with the merest understanding of history and human nature could have predicted, if you give the Political Correctness Zombies (Good King Marduk needs to get back to work again) an Angstrom unit, they’ll demand a parsec. It now appears that for the past couple of years, as soon as the Merry Christmases and Happy Holidayses start getting slung around, a certain professor (not of Liberal Arts, so he should know better) at a nearby university (to remain unnamed) sends out what he hopes are intimidating e-mails, scolding careless well-wishers, and asserting that these are not holidays (“holy days”) to everyone, and that the only politically acceptable greeting is “Happy Midwinter Break”. He signs this exercise in stupidity “A Jewish Faculty Member”.
Double feh.
Two responses come immediately to mind, both of them derived from good, basic Anglo-Saxon, which is not originally a Christian language. As soon as the almost overwhelming temptation to use them has been successfully resisted, there are some other matters for profound consideration…
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