Home
/
RELIGION & LIBERTY ONLINE
/
‘The Gift of the Magi’ and the Power of Exchange
‘The Gift of the Magi’ and the Power of Exchange
Feb 14, 2026 5:48 PM

Amid the wide array of quaint pelling Christmastales, O. Henry’s classic short story, “The Gift of the Magi,” continues to stand out as a uniquely captivating portrait of the powerof sacrificial exchange.

On the day before Christmas, Della longs to buy a present for her husband, Jim, restlessly counting and recounting her measly $1.87 before eventually surrendering to her poverty and bursting into tears. “Only $1.87 to buy a present for Jim,” the narrator laments. “Her Jim. Many a happy hour she had spent planning for something nice for him. Something fine and rare and sterling—something just a little bit near to being worthy of the honor of being owned by Jim.”

Wishing to buy him a new fob chain for his gold watch — his most valuable and treasured possession — Della decides to sell her beautiful brunette hair — her most valuable and treasured possession. “Rippling and shining like a cascade of brown waters,” Della’s hair was so long “it made itself almost a garment for her.” And yet, shedding but a “tear or two,” she goes through with it, trading her lovely hair to secure the $20 needed to buy a present for Jim.

Rushing to find just the right chain, Della scours the village market until she finds the perfect match. “There was no other like it in any of the stores,” the narrator explains. “It was like him. Quietness and value—the description applied to both.”

Later that evening, waiting anxiously for Jim e home, Della tries to make her newly chopped hair look presentable. When Jim finally arrives, he looks at Della’s shorthair and is stunned, proceeding to offer up the gift he himself had been busy purchasing for her:

For there lay The Combs–the set bs, side and back, that Della had worshipped long in a Broadway window. bs, pure tortoise shell, with jewelled rims–just the shade to wear in the beautiful vanished hair. They were bs, she knew, and her heart had simply craved and yearned over them without the least hope of possession. And now, they were hers, but the tresses that should have adorned the coveted adornments were gone.

Filling out ic irony, we learn how Jim afforded such a thing: by selling his prized gold watch. “Dell,” he says, “let’s put our Christmas presents away and keep ’em a while. They’re too nice to use just at present. I sold the watch to get the money to buy bs.”

The two had sacrificed their greatest treasures — wealth that Della didn’t even know she possessed—to lavish gifts on those they loved. And thus, O. Henry concludes the tale:

The magi, as you know, were wise men—wonderfully wise men—who brought gifts to the Babe in the manger. They invented the art of giving Christmas presents. Being wise, their gifts were no doubt wise ones, possibly bearing the privilege of exchange in case of duplication. And here I have lamely related to you the uneventful chronicle of two foolish children in a flat who most unwisely sacrificed for each other the greatest treasures of their house. But in a last word to the wise of these days let it be said that of all who give gifts these two were the wisest. O all who give and receive gifts, such as they are wisest. Everywhere they are wisest. They are the magi.

But althoughthe story itself centers on sacrifice and gift-giving in the typical Christmas context, the power bound up in its central irony is actually echoed and imitated across our livesin more ways than we typically acknowledge. If “all is gift,” as Evan Koons discovers in For the Life of the World: Letters to the Exiles, and if we are called to render these gifts to neighbor and thus to God across all spheres of life — in our families, work, creativity, and worship — how many of these opportunities linger inour day-to-day lives?

Indeed, we oftenparticipate in suchexchanges without even knowing it. We show up to work and yield our time, talent, and energyin the service of God and neighbor, receiving our own share of blessings in turn, from the paychecks we receive to the cars we drive to the gas that fills them to the food we purchase to the love and support and wisdom we’re given by friends and family and munities that surround us. Exchange is everywhere all the time— others-oriented investment and sacrifice is being met by others-oriented investment and sacrifice — creating webs of human relationship and collaboration that have the potential to generatemighty waves of love, generosity, charitability, creativity, and whole-life flourishing, economic, spiritual, and otherwise.

The challenge, then, is to not take it for granted — to know and appreciate it, yes, but further, to actively respond toGod’s call toward service in all that we do. To create and innovate, invest and reap, trade and exchange, and do so for the glory of God,not ourselves. To enter the workplace not just to make a buck or to gain status fortability, but to give of our talents, gifts, knowledge, and wealth in active obedience to the voice of the Holy Spirit.

As Evan Koons concludes at the end of Episode 3 of FLOW, God gave us a “gift nature” not that we might plod along as cogs in some grandmachine, but that we might participate in God’s movement of divine generosity and vast abundance:

mands us not to be anxious about our needs, so then why do we toil? Merely to tend our bodies? Or also to shape our souls? In giving us work, God invites us to blend the creativity of our minds with the labor of our bodies and then to share the products of this work with one another in free exchange —to make real munal nature, our gift nature, through our personal callings. We must never see our work as simply a way to gain. We must never see our labor as an impersonal force of efficiency. We must never see our work merely as a mechanism we might control with levers and switches of power.

All our work together, what we call the economy, that’s not a machine, either. Work is always personal, because work is always relational…So let us cherish our work as the glorious gift it is — the opportunity to join with others, literally millions of others, in a divine project of vast creativity, vast abundance for the meeting of needs, for the flourishing of cities, for the life of the world.

We, like Della, Jim, and the Magi before them, can wake up each and every day, grateful and eager to bear what O. Henry so poetically refers to as “the privilege of exchange.”

“O all who give and receive gifts, such as they are wisest. Everywhere they are wisest.”

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
Who Really Cares for the Poor?
Syracuse University professor Arthur Brooks challenges perceived mainstream social orthodoxy in his new book, Who Really Cares: America’s Charity Divide – Who Gives, Who Doesn’t and Why It Matters. For generations it has been assumed that political and social liberals are generous towards the poor while conservatives are proverbial tightwads. At least since the days of Charles Dickens’ Scrooge this has been the popular view. Liberals continually remind us that they are the ones who really care about welfare since...
Merry Christmas(*)
I have just returned from a week of holiday rest, and began tackling my 250 lb. email inbox. Flipping through a number of Christmas greetings and Fruitcake (Xmas spam), I came across a quick message from a dear friend, an email of the sort where the message is in the subject line, and the text is left empty (save mon signatures or disclaimers). My friend is a lawyer, I respect him very much, but I had to laugh at how...
Wal-Mart environmentalism
“The environment is begging for the Wal-Mart business model,” says H. Lee Scott Jr., CEO of Wal-Mart Stores in a NYT article, “Power-Sipping Bulbs Get Backing From Wal-Mart.” The piece discusses Wal-Mart’s campaign to increase the sales pact fluorescent bulbs, pared to traditional incandescent bulbs. As Michael Barbaro writes, pact fluorescent has clear advantages over the widely used incandescent light — it uses 75 percent less electricity, lasts 10 times longer, produces 450 pounds fewer greenhouse gases from power plants...
Poor Kids in America are Fat
A new study finds that children growing up in poverty in America are disproportionately more likely to be pared to other e groups (HT: God’s Politics). So, poor kids in the US are fat…and in this they are just like the rest of America: “The whole country is struggling with this,” said Virginia Chomitz , senior scientist at the Institute for Community Health at the Cambridge Health Alliance . “There’s a lot of factors in our environment and our lifestyle...
The outsourced knight
James Dyson, inventor of the world’s most exciting bagless vacuum cleaner, will receive a knighthood. Speaking of pany, the BBC reports: Today, pany has about 1,400 staff in the UK, with about 4,000 others working in production plants in Malaysia and China. Despite his successes, Mr Dyson has been criticised for his decision to ship so many production jobs abroad. Paul Kenny, general secretary of the GMB said: “Do people now get a knighthood for services to exporting jobs?” By...
2007
To all of our faithful Powerblog readers, I’d like to take this opportunity to wish you a happy, prosperous, and blessed new year! (And while I’m at it, I claim for myself the mantle of “First Poster of 2007,” which I believe should entitle me to some sort of cash prize…) ...
Images of plenty and want
The conflicting images I spoke about last week, the obesity of poor children in America, are the subject of a weekend piece in the NYT, “India Prosperity Creates Paradox; Many Children Are Fat, Even More Are Famished.” Of course, in India these aren’t the same kids: by and large the poor ones aren’t the fat ones. Someni Sengupta writes, “In short, while new money and new foods transform the eating habits of some of India’s youngest citizens, gnawing destitution continues...
Resolved
‘Tis the season for making resolutions. Today’s Zondervan>To The Point newsletter focuses on a variety of Christian resolutions, and includes a link to a piece from Leadership Journal on Jonathan Edwards’ resolutions (related blog piece here). One of my favorites: “Resolved, To be endeavoring to find out fit objects of charity and liberality.” Here’s a good place to start doing that. ...
Movie Review: An Inconvenient Truth
Several weeks ago now I was offered a review copy of Gore’s Inconvenient Truth. After watching it on a cross-country flight in November I elected to let Gore’s expos’e sink in a bit before I pasted my thoughts more or less permanently on the web. Thanks in advance to Rachel Guthermann of Special Ops Media for being patient with me on posting the review. It’s probably fitting to end the year with a nod to this influential movie; it’s pelling...
2006 in Review, 4th Quarter
Our 2006 year in review series concludes with the fourth quarter: October “Do You See More than Just a ‘Carbon Footprint’?” Jordan J. Ballor It’s a fair question to ask, I think, of those who are a part of the radical environmentalist/population control political lobby. It’s also a note of caution to fellow Christians who want to build bridges with those folks…there is plex of interrelated policies that are logically consistent once you assume the tenets of secular environmentalism…. November...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved