I guess the headline "Jewish Economics Professor Thinks Christmas Should Work More Like Hanukkah" might have given the wrong impression. Lest others get the wr

I guess the headline "Jewish Economics Professor Thinks Christmas Should Work More Like Hanukkah" might have given the wrong impression. Lest others get the wrong impression: I just think it's funny, it isn't intended to cast aspersion on Professor Waldfogel, Santa Claus, or anyone else. The Chinese also favor gifts of cash over gifts of stuff in many circumstances. It has advantages when it isn't culturally inappropriate. I would add that I consider a thoughtful gift more valuable than the cash would be, because it shows caring in a more specific way than a red envelope or gelt. But is the median gift thoughtful? I'll leave that for the professors.