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Christmas consumption – what would the great economic philosophers think?

By Davina Bird, Lecturer in Economics, University of Lincoln
Jane Charlesworth, Senior Lecturer in Economics, University of Lincoln

Even during a cost of living crisis, with interest rates and inflation high, the average spending per person for Christmas 2023 in the UK is expected to reach as much as £974. Retailers, advertisers and a sense of tradition continue to encourage us towards ever greater levels of consumption.

Of course, excessive seasonal consumerism has long been a subject…

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