Today's story: Giving gifts is a waste of money. That's the conclusion of economic studies that show the ""deadweight loss"" that occurs when givers buy gifts the receivers don't want very much. But even with this loss, a good gift can still be worth it...if done right.

Full lesson: https://plainenglish.com/737

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What is the purpose of giving gifts? 22:38 Share

Plain English

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What is the purpose of giving gifts?