Home
/
RELIGION & LIBERTY ONLINE
/
Festal economics: How the market empowers celebration
Festal economics: How the market empowers celebration
Jan 21, 2026 3:20 AM

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
Did Christianity destroy Western culture?
It is always worth remembering how Christianity reformed Western culture – especially during the Christmas season, when we meditate on how Christ refashioned human nature to be a fitting abode of the divine nature. From teaching – and in some cases, inventing written languages – to preserving ancient manuscripts, to founding the university system, it would be impossible to imagine Western civilization without Christianity’s contributions. With this in mind, textbooks once referred to the West merely as “Christendom.” But a...
The economics of Bedford Falls (Part 3 of 3)
[Note: This is the finalpost in a series highlighting some of the financial aspects and broad economic lessons of Frank Capra’s holiday classic, It’s a Wonderful Life. You can find part one hereand part two here.] Economist Don Boudreaux outlined ten foundational lessons that should be learned in every well-taught principles of economics course. Examples of nearly all of the ten lessons can be found in Capra’s Christmas classic, but for the sake of brevity I’ll merely highlight two of...
Is it immoral to waste food?
“Eat your broccoli,” our mothers would say. “Think of the starving children in Africa!” It’s a moral claim we’re all familiar with. If some of our food goes to waste, someone, somewhere, will face imminent harm and the environment will go to the dogs. Indeed, it’s the central message of the popular new documentary, Wasted!, which claims, for example, that one-third of all food produced is never eaten, that 40% of that same food goes to waste, and that 90%...
Skepticism of free markets grows within the Catholic Church
At the top of the Catholic hierarchy, Capitalism has been abandoned. This criticism of free markets, and even profit in general, have caused others within the Catholic Church to e concerned. As the debate grows, it’s helpful to clear up the main arguments of those who oppose and those who support Capitalism.In an article written for CatholicVote, Senior editor for the Acton Institute, Fr. Ben Johnson, does just that. Addressing the positions of First Things editor R. R. Reno and...
Totalitarian wolves against the Carpathian shepherd
“Though relatively unknown to the broader public in the West, King Michael’s life was nothing short of extraordinary,” says Mihail Neamtu in this week’s Acton Commentary. In 1927, his father left the throne to pursue a Romantic adventure with a larger than life mistress, Elena Lupescu (1895-1977). The royal families in Europe sanctioned this betrayal of the marriage vows, which the astute and yet amoral Prince Carol II had spoken before the youthful Princess Helen of Greece and Denmark (1896-1982)....
The economics of Bedford Falls (Part 2 of 3)
[Note: This is the second post in a series highlighting some of the financial aspects and broad economic lessons of Frank Capra’s holiday classic, It’s a Wonderful Life. You can find part one here.] George’s Life Savings in a Life Insurance Policy George attempts to secure a loan from Potter based on his life insurance policy. He says it has a $15,000 face value and a $500 cash value. Why is his life insurance policy worth cash? George has atype...
Public goods and the problems of free-riders and forced-riders
Note: This is post #61 in a weekly video series on basic microeconomics. Public goods provide an argument for taxation and government provision. But how do we know which public goods should be provided? In this video by Marginal Revolution University, economist Alex Tabarrok discusses the free-rider problem and the forced-rider problem in regards to public goods. Previous in series: Public goods and asteroid defense ...
5 Facts about Christmas
Christmas is the most widely observed cultural holiday in the world. Here are five factsyou should know about the memoration of the birth of Jesus: 1. No one knows what day or month Jesus was born (though some scholars speculate that it was in September). The earliest evidence for the observance of December 25 as the birthday of Christappears in the Philocalian posed in Rome in 336. 2. Despite the impression given by many nativity plays and Christmas carols, the...
Lessons on Christian vocation from ‘A Christmas Carol’
“Is Christmas too materialistic? Well, it’s not as materialistic as God ing flesh, redeeming our sinful flesh, and sending us back into the material world to live out our faith in love and service to our physical neighbors.” –Gene Veith We are routinely told that Charles Dickens’ beloved story, A Christmas Carol, was instrumental in giving us Christmas as we know it — marking the holiday not just as a moment of reflection on Christ’s birth, but as a secular...
A Hungarian reflects on George Washington and the U.S. statue controversy
On this day 241 years ago – December 26, 1776 – George Washington led his forces to a much-needed victory in the Battle of Trenton. Crossing the icy waters of the Delaware River on Christmas night to achieve maximum surprise, his decisive defeat of the Hessians encamped in New Jersey bolstered the colonies’ faltering faith in his military leadership. That led to the foundation of our constitutional republic, enlivened by virtue flowing from religious faith. To this day in much...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved