PodcastIntel
Sign in Get Started Free
Planet Money
Planet Money

In defense of gift giving

Dec 24, 2022 · 21m
AI Summary
  • Jeff Guo argues that gift-giving has economic virtues despite cold economic reasoning suggesting inefficiency
  • Guo attempts to convince skeptical Kenny Malone by seeking the perfect gift while invoking Nobel Prize-winning theories
  • Three economic theories explain why gift-giving is actually economically beneficial, softening Malone's Scrooge-like position

More from Planet Money

View all episodes →

Get AI Summaries for Every New Episode

Subscribe to Planet Money and get AI summaries, guest tracking, and email digests delivered automatically.

Sign Up Free →