Economic Theory in “A Christmas Carol” by Charles Dickens

What was Charles Dickens really doing when he wrote ‘A Christmas Carol’? “Since you ask me what I wish, gentlemen, that is my answer. I don’t make merry myself at Christmas and I can’t afford to make idle people merry. I help to support the establishments I have mentioned: they cost enough: and those who are badly off must go there.” “Many can’t go there; and many would rather die.” “If they would rather die,” said Scrooge, “they had better do it, and decrease the surplus population.” That Read more […]

Scrooge Isn’t the Problem — the Government as Santa Claus Is

President Obama described the Republicans as Scrooges. “If Congress does nothing, every family in America will see their taxes automatically go up on January 1,” Obama said during his visit to a factory in suburban Philadelphia. “That’s sort of like the lump of coal you get for Christmas. That’s a Scrooge Christmas.” If there is one thing that English author Charles Dickens’ Ebenezer Scrooge, from the classic novella A Christmas Carol (1843), didn’t do was take money from other people. Read more […]