The economic way to demonstrate sadness is to look at misery indexes that use macro data to measure changes in our emotions.
About more than the U.K., Brexit also creates EU budget problems because of the 10 to 12 billion euros that the British will no longer give annually.
Determined genetically, our sleep preferences as night owls, morning larks or neither could affect our productivity at work.
Thinking of the 2020 decennial census and a bird count on a South Australian beach, we can cite similar concerns about accuracy and well being.
Whether looking at the height of Mount Everest or at the rules of origin that will be renegotiated during the NAFTA talks, we have a statistical accuracy problem.
Estimating Santa's salary is a specific task that takes us to the broader issue of whether the GDP should include unpaid work.
When we receive presents that disappoint us, gift giving creates deadweight loss that diminishes the economic boost from holiday spending.












