Tag Archives: gift-giving

In the 1930s, almost 10 percent of [American] Christmas spending was financed with money squirreled away into Christmas clubs—bank accounts … helping consumers save for the holiday. Participants promised to contribute weekly, frequently as little as $0.25 at a time. … Continue reading

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the Charles Dickens gift metric

If Charles Dickens were alive today, he would rather receive £20 from a waiter friend than £100 from a banker friend, because it means more coming from the poor man. £20 is a larger fraction of the poor man’s income, so it … Continue reading

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