Is saving money during the holidays smart or Scrooge-ish? Is shopping a way of forging social bonds and expressing your freedom or is it giving in to crass commercialism? Following the lessons of some "economist Christmas carols," economics correspondent Paul Solman weighs the economic and social theories of both sides.

This video is from the Making Sen$e with Paul Solman video series from PBS. Learn more about these videos and view a listing of the most recent videos we have available.

Key Concepts

Aggregate Demand (AD), Consumers, Economic Growth, Fiscal Policy, Keynesian Theory

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