Tonight’s question, greetings, and banter here. (More)

Today CNBC’s John Carney offered a humorous take on the economics of Christmas, parodying prominent economic writers Robert Barro, Paul Krugman, Niall Ferguson, Josh Barro, Steve Sailer, Tyler Cowen, Scott Sumner, Tim Carney, Stephanie Kelton, Warren Mosler, Izabella Kaminska, Robert Murphy, Henry Blodgett, and Joe Weisenthal. Do they properly consider marginal median per-capita purchasing-power-parity intra-household wealth redistribution in the moral hazard of giving lumps of coal to those who haven’t been nice?