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The economics of a Covid Christmas
What to consider when buying presents this year.
Tim Harford asks economist Joel Waldfogel how Covid 19 could affect spending at Christmas this year. They discuss the usual bump in sales and gift giving. The author of ‘Scroogenomics’ usually argues that presents are rarely as valued by the recipient compared to something they might buy for themselves. But what should people do this year?
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Tim Harford explains the numbers and statistics used in everyday life.
