20 thoughts on “Merry Xmas, Happy Holidays, Peace on Earth

  1. Happy Hanukkah and have a safe and happy Xmas and New Year to everyone.

    p.s. Sorry if I offended anybody during the year.

  2. Xmas is a lovely time – all the best to everyone and thanks to JohnQ for sharing his knowledge and providing the opportunity for us all to join in discussion.

  3. Merry Christmas to our host, John Quiggin, his family and to all commentators.

    A big thank you to Professor Quiggin for his choice of topics, peppered with apt and catchy headings – stimulating, interesting, and usually much a ahead of public discussion both in terms of depth and breadth. Great blog-site.

  4. “clever”, “interesting”, “in the moment”, “right and right on the mark”, “great blog” and have a “great Xmas” JQ.

  5. I wish you a happy physical and cognitive consciousness. More than that is metaphysical speculation but I respect your right to be metaphysically speculative. Avoid greed, cruelty and all bellicose actions.

  6. Oh also… I don’t think those using “Xmas” are necessarily hiding anything. The “X” is the cross and another symbol for Christ. The use of either term in itself implies nothing either way about a person’s beliefs (in the absence of further clarifying statments) for the terms are now applied with both secular and religious connotations.

    I think Wikipedia sums it up well;

    “Christmas is celebrated throughout the Christian population, but is also celebrated by many non-Christians as a secular, cultural festival. The holiday is celebrated around the world. Because gift-giving and several other aspects of the holiday involve heightened economic activity among both Christians and non-Christians, Christmas has become a major event for many retailers.”

    And also from the Wikipedia;

    “Modern Christmas customs include: gift-giving and merrymaking from Roman Saturnalia; greenery, lights, and charity from the Roman New Year; and Yule logs and various foods from Germanic feasts.[13] Pagan Scandinavia celebrated a winter festival called Yule, held in the late December to early January period. As Northern Europe was the last part to Christianize, its pagan traditions had a major influence on Christmas. Scandinavians still call Christmas Jul. In English, the word Yule is synonymous with Christmas,[14] a usage first recorded in 900.”

  7. Sorry, I cant resist this quote from the Wikipedia either;

    “An economist’s analysis calculates that Christmas is a deadweight loss under orthodox microeconomic theory, due to the surge in gift-giving. This loss is calculated as the difference between what the gift giver spent on the item and what the gift receiver would have paid for the item. It is estimated that in 2001 Christmas resulted in a $4 billion deadweight loss in the U.S. alone.[53][54] Because of complicating factors, this analysis is sometimes used to discuss possible flaws in current microeconomic theory. Other deadweight losses include the effects of Christmas on the environment and the fact that material gifts are often perceived as white elephants, imposing cost for upkeep and storage and contributing to clutter.[55]”

  8. Iconoclast

    There is a deadweight loss in Christmas. The price of mince tarts doubled between Monday and Wednesday. Unfortunately I ate the ones I bought on Monday too early, but that was more of a consumption loss than a production loss.

    It is now officially Xmas day so have a great day.

  9. Merry Christmas to all. Let’s resolve to have more peace and goodwill between social democrats and free market fundamentalists.

  10. JQ

    Merry chistmas and thanks for providing some clarity through a confusing year. Your blog is a great comfort to those of us who thought neo-fascist economics isn’t quite right, but aren’t up to date enough with economic theory too prove it.

  11. Not so merry Christmas for the unfortunate residents of Gaza, trapped bw terrorist Hamas and militarist Likuds.

    Can’t blame the IDF for trying to destroy rocket launchers. Can blame them for bombing densely populated civilian areas.

    In general this is situation normal for Middle Eastern politics – war by any means as von C. might have said. Or as I always say “no one ever went broke underestimating the depravity of the ME”.

    As far as I’m concerned they can all go to hell in a handbasket of their own weaving. We are well out of there and we should keep them out of here.

  12. John, contrary to Jack Strocchi today is a sad day as old foes continue to do battle over the Land of CANANN. If one takes Deuteronomy 7:3 as a starting point, then there is no doubt that the Israelites were a homogeneous people who were forbidden to inter-marry with the seven nations mentioned at 7:1. This is an historical and important fact in determining as to who are the legitimate heirs to the Land of CANANN. If DNA tests reveal modern day Palestinians are direct descendent of any of the seven nations mentioned at 7:1 then I believe the time has come for the UN to right past wrongs.

  13. Pr Q will be pleased to note that The Australian newspaper was singled out for mention in RealClimate’s honour roll of climate misinformers
    http://www.realclimate.org/

    Before long it will have to be purchased in a brown paper wrapper from the back of the newsagency.

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