Home
/
RELIGION & LIBERTY ONLINE
/
Festal economics: How the market empowers celebration
Festal economics: How the market empowers celebration
Jan 12, 2026 7:15 PM

With the end-of-the-year string of holidays fast approaching, we already see decorations and supplies showing up in stores, whether for Halloween, Thanksgiving, or even Christmas.

Most people would likely peg me for a bit of a holiday Scrooge. When es to Advent, for example, I’m critical of some of the consumeristic excess and the disruption of the liturgical calendar. I consider Advent a penitential season of fasting and abstinence—not exactly things we’d associate with Black Fridays and Cyber Mondays—and I often encourage Christians to live in contrast to our mon cultural norms.

On the other hand, I am also strangely heartened by the end-of-the-year market shenanigans. Amid the consumerism, we also see the market helping people celebrate things that are truly worth festal jubilation. Feasts are happy expressions of piety, and such piety is requisite for nearly all spheres of life: civic, economic, ecclesiastical, domestic, and more. It often involves burdensome duties that must be fulfilled, but not all duties are burdensome.

In a feast, the duty is joy, particularly manifested in celebration.

Let’s focus on the last three months of the year, during which the dominant holidays are Halloween, Thanksgiving, and Christmas. Other holidays are present, as well, such as Hanukkah. Three quarters are explicitly religious holy days. Two are Christian, one is civic (with strongly religious overtones), and one is Jewish (also celebrated by some Christian families). This is where I find myself encouraged.

These popular holidays are worth celebrating. The history of Halloween as we know it today plicated and somewhat enigmatic. Its Christian roots, however, lie in All Saints Day. All Hallow’s memorates the saints that have gone on before and enjoyed victory over the world, death, and satanic force. We’ve nothing to fear from “our ancient foe” that “seeks to work us woe” if we abide in Christ, remaining steadfast in the faith (arguably, dressing up as various spiritual beings like witches, vampires, werewolves, and devils is a way of making light of these spiritual forces and their impotency in the face of God’s mighty grace).

Thanksgiving falls within a long heritage of civic calls to gratitude to God for His many blessings, as He is the Giver of all good things. Hanukkah is a time to remember religious zeal of the Maccabean Revolt as it faced the idolatry and spiritual corruption of the Seleucids, which concluded with religious renewal and rededication. Christmas, of course, focuses on the incarnation of the Son of God (and is panied by several other feasts: St. John, Holy Innocents, and St. Stephen).

How do we celebrate? With food, frivolity, and giving to those we love. Centuries of custom and e on display: seasonal treats, silly games, beloved music, religious observance (often with one’s best clothes), neighborly activities like guising, caroling, wassailing, trick-or-treating, belsnickeling, and more.

In such a context, the market can help facilitate our celebrations. Where are we going to get that turkey, that candy, those baking supplies, those presents, those decorations, and more? What if we want to listen to those carols while addressing our Christmas cards? Who is going to supply these good things? Well, by purveyors of these fine goods, of course. Moreover, we don’t want to go out shopping when we are actually with our friends and family, who may have traveled and set aside time to be with us. So we buy our supplies early.

Obviously, there is no small amount of schmaltz and kitsch that arises from these dynamics. Things aren’t always up to code in terms of good taste and high class. Further, many who participate in these festivities deny the very grounds and foundation for this joy, in both their beliefs and in their actual lives. How many Hollywood Christmas films seem to struggle with the “meaning of Christmas,” ignoring the truth uttered by Linus so many years ago?

Yet those who do participate in these holidays in good faith and fear are able to avail themselves of various means and opportunities to have their cheer. The market provides these means and opportunities. While there is surely a profit motive at work in producing these goods and services, the result is of benefit to we who want to heartily and jovially celebrate the best things and works.

In doing so, Christians will disrupt the monotony of the year with their feasting, regardless of what sorts of things they can purchase. The triumph of the saints, the kind provision of many blessings, and the incarnation of the Son of God will not be forgotten by faithful Christian people.

Image: Snap-Apple Night, Daniel Maclise, 1832 (Public Domain)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Economic problems are not driving opioid overdose deaths
The opioid epidemic has e one of the deadliest drug crises in American history. In 2015, more peopledied from drug overdosesthan in any year on record, and the majority of drug overdose deaths—more than six out of ten—involved an opioid. A study of emergency rooms in the U.S. also found that since 1999, the number of overdose deaths involving opioids (including prescription opioid pain relievers and heroin) nearly quadrupled. Altogether nearly half a million people died from drug overdoses in...
Apply today for a 2018 internship at Acton
A 2016 NACE Center report on millennial hiring indicated that internships help 81.1 percent of graduates “shift their career directions either slightly or significantly.” At Acton, we place an emphasis on assisting young men and women to discover their vocational calling through internships. The holiday season may have just ended, but we already find ourselves anticipating the energy and enthusiasm that 18 young leaders will bring to the Acton office this summer. In addition, we have re-branded the Acton summer...
The 2 things that can help Africans prosper
For too long, the West’s policy toward Africa could be summed up in two words: foreign aid. Somehow, temporary funds transfers – many of which never reach their recipient country and end up in the pockets of well-connected Western professionals – would solve structural development issues. MIT economist Daron Acemoglu once derided some foreign aid plans as “get-rich-quick schemes.” Those developmental policies, like Ponzi schemes, hurt the would-be beneficiary. “Even as the level of foreign aid into Africa soared through...
Macron’s Orwellian fake news fix
“On January 3, during his first press event of the new year, French President Emmanuel Macron presented a proposal intended to ‘protect the democratic life’ of France from ‘fake news,’” writes Marcin Rzegocki in this week’s Acton Commentary. Macron would make it “possible for judges to remove fake news stories, delete the links to them, block the sites, or close the offending users’ accounts.” The French president is not alone with his ideas to limit foreign information in his country....
Why government is not just a necessary evil
In the Federalist Papers James Madison claimed that, “If men were angels, no government would be necessary.” But is that true? James R. Rogers, an associate professor of political science at Texas A&M University, explains why some form of government would be necessary even if man were still in a prelapsarian state of nature: [E]ven without the Fall, there would be a role for civil government for the duly recognized person who exercises civil authority. Even in an unfallen society,...
Radio Free Acton: Jennifer Roback Morse on family breakdown and the economy; Upstream on Darkest Hour
On this episode of Radio Free Acton, Trey Dimsdale, Director of Program Outreach at Acton, speaks with Jennifer Roback Morse, founder of the Ruth Institute, about her ing Acton Lecture Series talk on family breakdown and the economy. Then, on the Upstream segment, Bruce Edward Walker talks to Acton’s Patrick Oetting on the new film Darkest Hour. Check out these additional resources on this week’s podcast topics: Register here to attend Acton’s Lecture Series event on January 25, featuring Jennifer...
The euro, Brussels, and the Russian bear
The government of Poland is part of the new surge of populism, openly defying the European Union on numerous policy fronts and rebuffing calls for an “ever-closer union.” So, why did its prime minister recently raise the possibility of adopting the euro? What is happening, and how should people of faith think about a single European currency? Are there moral issues at stake? “Adoption of mon euro currency should be understood first and foremost as politics, and only then as...
The 3 reasons Martin Luther King Jr. rejected Communism
Today is Martin Luther King Jr. Day in the United States, but the civil rights leader is a figure of worldwide significance. He learned the principles of non-violence from those resisting the British empire, received the Nobel Peace Prize in Stockholm, and is one of the “twentieth century martyrs” whose statue sits atop the great west door of Westminster Cathedral (alongside Maximilian Kolbe, Dietrich Bonhoeffer, and others). And 50 years after his death, his moral crusade for equal treatment under...
Explainer: What you should know about a government shutdown
Why is there talk about a government shutdown? In December Congress passed the Further Additional Continuing Appropriations Act, 2018 (H.R. 1370) which provides non-discretionary funding through January 19, 2018. Because that Act expires at midnight on Friday, Congress must pass a new continuing appropriations act to keep the government operating. Democrats in Congress are insisting that any new stop-gap spending measure to keep the government funded must include a legislative fix on the Deferred Action for Childhood Arrivals (DACA) act....
Asymmetric information and used cars
Note: This is post #64 in a weekly video series on basic microeconomics. Adverse selection occurs when an offer conveys negative information about what is being offered. For example, in the market for used cars, sellers have more information about the car’s quality than buyers. This leads to the death spiral of the market, and market failure, explains Marginal Revolution University. However, the market has developed solutions such as warrantees, guarantees, branding, and inspections to offset information asymmetry. (If you...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved