Grade 9-12
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Making Sen$e with Paul Solman: ‘Tis the Season, But Should We Save or Spend? A Holiday Money Conundrum

Updated: April 16 2020,
Author: Council for Economic Education
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Concepts

Aggregate Demand, Balance of Trade and Balance of Payments, Consumers, Fiscal Policy
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In this economics video, Paul Solman weighs in on saving money during the holidays.

Description

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.

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