Christmas Classics

25 December 2007 at 10:52 am 3 comments

| Peter Klein |

tree2.jpgIt’s that magical season, time to enjoy your favorite Christmas classics — not The Night Before Christmas or It’s a Wonderful Life, but “In Defense of Scrooge” and “Economics of Santa’s Workshop” by Michael Levin from the old Free Market newsletter. Steve Landsburg’s 2004 piece on Scrooge is not as penetrating as Levin’s, but who can disagree with his conclusion: “Its taxes, not misers, that need reforming.”

Warmest holiday wishes to you and yours from the O&M crew!

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3 Comments Add your own

  • 1. Joe Mahoney  |  25 December 2007 at 3:28 pm

    I recommend this holiday season a thoughtful reading of Kenneth Arrow’s THE LIMITS OF ORGANIZATION, which quotes Rabbi Hillel:

    If I am not for myself, then who is for me?
    If I am not for others, then who am I?
    If not now, when?

    Arrow (1974) confronts the tension that most feel between the claims of individual self-fulfillment and the claims of social conscience and action.

    Merry Christmas :-)

  • 2. Per Bylund  |  27 December 2007 at 3:04 am

    There is also a take on what happened to Scrooge after he “learned” his lesson in the Dickens classic. David Holmes has published his “continuing” story on Scrooge, A Capitalist Carol, available to read here (PDF) and to buy here.

  • 3. David Holmes  |  29 December 2007 at 1:02 pm

    The pdf link for ‘A Capitalist Carol’ is no longer available. It was a galley proof promo. The ‘Carol’ is available directly at http://www.thebookden.com/acapitalistcarol1.html Enjoy! David Holmes

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