Don't Be Ashamed, Regifting is Good Economics - Foundation for Economic Education - Working for a free and prosperous world - James Walpole:
December 26, 2017 - "Regifting is like free trade for Christmas presents. Allowing and encouraging regifting represents the true spirit of Christmas.
"Let’s say you want to be a great gift-giver. If you do, you need to 1) desire the best possible life outcomes for your recipient and also 2) recognize that you don’t exactly know what that best outcome is.
"All gifts, like all capitalistic ventures, require some risk and leap of faith that you have found the solution to a problem for your recipient, despite all the unknown variables. It’s also true that most gifts, like most capitalistic ventures, fail to do that.
"You should encourage your recipient to feel free to regift your presents. An oven mitt which is useless to Sally (who already has an abundance of oven mitts) may be a perfect gift for her friend Sue (who is just getting started with cooking). One man’s trash is another man’s treasure. Our social stigma against regifting would leave Sue without a good oven mitt and leave a good oven mitt gathering dust in Sally’s kitchen drawer.
"With a healthy regifting economy, gifts (like goods and services) flow to their most efficient uses.
"You might tell me that regifting is bad because of a loss of symbolic value when you regift something. 'It’s the thought that counts,' you might say.
"I’m not suggesting that you take the positive thought or intention out of your gifts. I’m suggesting that your intentions should include the possibility that regifting and trade is actually a good thing for the recipient, too."
Read more: https://fee.org/articles/dont-be-ashamed-regifting-is-good-economics/?utm_medium=push&utm_source=push_notification
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December 26, 2017 - "Regifting is like free trade for Christmas presents. Allowing and encouraging regifting represents the true spirit of Christmas.
"Let’s say you want to be a great gift-giver. If you do, you need to 1) desire the best possible life outcomes for your recipient and also 2) recognize that you don’t exactly know what that best outcome is.
"All gifts, like all capitalistic ventures, require some risk and leap of faith that you have found the solution to a problem for your recipient, despite all the unknown variables. It’s also true that most gifts, like most capitalistic ventures, fail to do that.
"You should encourage your recipient to feel free to regift your presents. An oven mitt which is useless to Sally (who already has an abundance of oven mitts) may be a perfect gift for her friend Sue (who is just getting started with cooking). One man’s trash is another man’s treasure. Our social stigma against regifting would leave Sue without a good oven mitt and leave a good oven mitt gathering dust in Sally’s kitchen drawer.
"With a healthy regifting economy, gifts (like goods and services) flow to their most efficient uses.
"You might tell me that regifting is bad because of a loss of symbolic value when you regift something. 'It’s the thought that counts,' you might say.
"I’m not suggesting that you take the positive thought or intention out of your gifts. I’m suggesting that your intentions should include the possibility that regifting and trade is actually a good thing for the recipient, too."
Read more: https://fee.org/articles/dont-be-ashamed-regifting-is-good-economics/?utm_medium=push&utm_source=push_notification
'via Blog this'
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