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  <title><![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]></title>
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  <description><![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]></description>
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        <name><![CDATA[Joel Waldfogel]]></name>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
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    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
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  <read_at>Mon Dec 07 00:00:00 -0800 2009</read_at>
  <date_added>Mon Dec 07 03:38:48 -0800 2009</date_added>
  <date_updated>Mon Dec 07 03:39:01 -0800 2009</date_updated>
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    <body><![CDATA[An economist’s view of Christmas spending<br/><br/>People are conditioned to think that holiday spending is good for the economy. Even fiscal analysts read seasonal retail spending as an indicator of good or bad times. However, University of Pennsylvania professor Joel Waldfogel takes an economi...<a href="http://www.goodreads.com/review/show/80150567">more...</a>]]></body>
    
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      <review>
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    <name><![CDATA[Ken]]></name>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
  </title>
  <image_url>http://www.goodreads.com/images/nocover-111x148.jpg</image_url>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
  <description>
    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
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    <rating>3</rating>
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  <read_at>Mon Dec 21 00:00:00 -0800 2009</read_at>
  <date_added>Wed Dec 09 17:15:26 -0800 2009</date_added>
  <date_updated>Mon Dec 21 04:52:44 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[I think there are better arguments for toning down the commercialism and consumption around Christmas.  Waldfogel, an economist, brings in abstract concepts such as &quot;satisfaction value,&quot; and attempts to quantify some rather intangible characteristics of gift giving.  This just proves that ...<a href="http://www.goodreads.com/review/show/80469104">more...</a>]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/80469104]]></url>
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</review>
      <review>
  <id>80181222</id>
    <user>
    <id>2401727</id>
    <name><![CDATA[Beth]]></name>
    <location><![CDATA[Crystal Lake, IL]]></location>
    <link><![CDATA[http://www.goodreads.com/user/show/2401727-beth]]></link>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
  </title>
  <image_url>http://www.goodreads.com/images/nocover-111x148.jpg</image_url>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
  <description>
    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
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    <rating>2</rating>
  <votes>1</votes>
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  <date_added>Mon Dec 07 10:47:08 -0800 2009</date_added>
  <date_updated>Mon Dec 07 10:51:23 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[I more or less skimmed this book.  It's really just an extended essay or article.  The author, an economist, makes the point (repeatedly with statistics, etc.) that Americans are very poor at choosing Christmas gifts for one another.  He says that every year we spend millions of dollars on gifts tha...<a href="http://www.goodreads.com/review/show/80181222">more...</a>]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/80181222]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/80181222]]></link>
</review>
      <review>
  <id>62760295</id>
    <user>
    <id>41724</id>
    <name><![CDATA[Tamara]]></name>
    <location><![CDATA[Columbus, OH]]></location>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
  </title>
  <image_url>http://www.goodreads.com/images/nocover-111x148.jpg</image_url>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
  <description>
    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
</book>

    <rating>4</rating>
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  <read_at>Thu Nov 19 00:00:00 -0800 2009</read_at>
  <date_added>Thu Jul 09 07:22:23 -0700 2009</date_added>
  <date_updated>Thu Nov 19 19:57:50 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Just as I suspected. Christmas sucks. Oh, wait, I guess that wasn't the conclusion of this book. But...<br/><br/>Some of the motivations to buy presents, as detailed in this book, are interesting, including redistribution (giving to people less fortunate than yourself), paternalism (giving because...<a href="http://www.goodreads.com/review/show/62760295">more...</a>]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/62760295]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/62760295]]></link>
</review>
      <review>
  <id>78103304</id>
    <user>
    <id>1774233</id>
    <name><![CDATA[Sarah]]></name>
    <location><![CDATA[Lexington, KY]]></location>
    <link><![CDATA[http://www.goodreads.com/user/show/1774233-sarah]]></link>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
  <description>
    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
</book>

    <rating>4</rating>
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  <read_at>Mon Nov 09 00:00:00 -0800 2009</read_at>
  <date_added>Tue Nov 17 12:09:10 -0800 2009</date_added>
  <date_updated>Tue Nov 17 12:10:38 -0800 2009</date_updated>
  <read_count>1</read_count>
    <body><![CDATA[An economist looks at Christmas and gift-buying. Definitely food for thought. This book is not anti-Christmas; the author wants people to reconsider some of the ways we automatically approach Christmas for a more meaningful (and efficient) holiday.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/78103304]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/78103304]]></link>
</review>
      <review>
  <id>80573215</id>
    <user>
    <id>2968451</id>
    <name><![CDATA[Cheryl]]></name>
    <location><![CDATA[Street, MD]]></location>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
  <description>
    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
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  <read_at>Mon Dec 07 00:00:00 -0800 2009</read_at>
  <date_added>Thu Dec 10 13:43:22 -0800 2009</date_added>
  <date_updated>Thu Dec 10 13:44:28 -0800 2009</date_updated>
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    <body><![CDATA[More people should read this before going Christmas shopping. Give more to charity instead of buying stupid crap. ]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/80573215]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/80573215]]></link>
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      <review>
  <id>65985817</id>
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  <isbn>0691142645</isbn>
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  <text_reviews_count type="integer">9</text_reviews_count>
  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
  </title>
  <image_url>http://www.goodreads.com/images/nocover-111x148.jpg</image_url>
  <small_image_url>http://www.goodreads.com/images/nocover-60x80.jpg</small_image_url>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
  <description>
    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
</book>

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    <body><![CDATA[the main word for me in the title is &quot;buy&quot;. :D don't buy. make! ]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/65985817]]></url>
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      <review>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
  </title>
  <image_url>http://www.goodreads.com/images/nocover-111x148.jpg</image_url>
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  <average_rating>3.35</average_rating>
  <ratings_count>20</ratings_count>
  <description>
    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
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  <date_added>Sun Jul 12 13:20:17 -0700 2009</date_added>
  <date_updated>Wed Nov 11 14:44:21 -0800 2009</date_updated>
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    <body><![CDATA[Lively writing style.  Of all the times I've heard someone explain what opportunity cost is Waldfogel's was the best.<br/><br/>Short read, too.  Most chapters were good although some seemed like filler.  The most interesting part was about the &quot;cash tax&quot; for giving people money instead o...<a href="http://www.goodreads.com/review/show/63175212">more...</a>]]></body>
    
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      <review>
  <id>75632363</id>
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    <name><![CDATA[Diane]]></name>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
  </title>
  <image_url>http://www.goodreads.com/images/nocover-111x148.jpg</image_url>
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  <average_rating>3.35</average_rating>
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    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
</book>

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  <date_updated>Sat Nov 21 15:59:38 -0800 2009</date_updated>
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    <body><![CDATA[Nice read, nice little book..would make a great stocking stuffer...(I couldn't resist)]]></body>
    
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      <review>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
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    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
  <published>2009</published>
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    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
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    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
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  <title>
    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
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    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
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    <![CDATA[Scroogenomics: Why You Shouldn't Buy Presents for the Holidays]]>
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    <![CDATA[<p>Christmas is a time of seasonal cheer, family get-togethers, holiday parties, and-gift giving. Lots and lots--and lots--of gift giving. It's hard to imagine any Christmas without this time-honored custom. But let's stop to consider the gifts we receive--the rooster sweater from Grandma or the singing fish from Uncle Mike. How many of us get gifts we like? How many of us give gifts not knowing what recipients want? Did your cousin really look excited about that jumping alarm clock? Lively and informed, <em>Scroogenomics</em> illustrates how our consumer spending generates vast amounts of economic waste--to the shocking tune of eighty-five billion dollars each winter. Economist Joel Waldfogel provides solid explanations to show us why it's time to stop the madness and think twice before buying gifts for the holidays.</p><p> When we buy for ourselves, every dollar we spend produces at least a dollar in satisfaction, because we shop carefully and purchase items that are worth more than they cost. Gift giving is different. We make less-informed choices, max out on credit to buy gifts worth less than the money spent, and leave recipients less than satisfied, creating what Waldfogel calls &quot;deadweight loss.&quot; Waldfogel indicates that this waste isn't confined to Americans--most major economies share in this orgy of wealth destruction. While recognizing the difficulties of altering current trends, Waldfogel offers viable gift-giving alternatives.</p><p> By reprioritizing our gift-giving habits, <em>Scroogenomics</em> proves that we can still maintain the economy without gouging our wallets, and reclaim the true spirit of the holiday season.</p>]]>
  </description>
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  <date_added>Wed Dec 23 05:13:10 -0800 2009</date_added>
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