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 26, 2026 3:54 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
Circus Bailouts vs. Market Correction
In college I wrote a paper for a Latin American Politics class titled, Barnum & Bailey Circus bailouts. The paper took the position that another financial bailout of Mexico would be a huge mistake and would not be money well spent. The paper was probably a little flippant because I interwove within the framework of the paper some characters with top hats, traveling bands of political circuses, and other outlandish theatrical symbolism. I was trying to make light of what...
Let’s Tend the Garden Conference 2007, Boise ID
The first day at LTTG-07 here at Vineyard Church, Boise Idaho was full of great fellowship, worship, workshops and discussions among evangelical and secular environmental leaders. Day Two is just getting underway. For you folks new to LTTG, this is the second annual gathering of Christian leadership from across the United States (and beyond?) to honor the Creator and diligently seek ways to be better stewards of creation. The idea for the conference was hatched by VB’s pastor Tri Robinson....
Minds that Matter
In his recent and fascinating book Five Minds for the Future, Harvard professor Howard Gardner outlines the 5 basic types of intelligence people have: 1. The Disciplinary Mind: the mastery of major schools of thought, including science, mathematics, and history, and of at least one professional craft; 2. The Synthesizing Mind: the ability to integrate ideas from different disciplines or spheres into a coherent whole and municate that integration to others; 3. The Creating Mind: the capacity to uncover and...
The Euro-Punishment of Microsoft
In what is shaping up to appear like court imposed taxation, Microsoft lost its appeal in a major anti-trust case at Europe’s second highest court yesterday. The European Union’s Court of First Instance backed the European Commission’s 2004 decision to fine Microsoft and order the software giant to change its Windows operating system to make it patible with rival systems. The 2004 verdict imposed a record fine on Microsoft in the amount of $497 million. The long feud appears, by...
This Guy Has No Standing
In an attempt to oppose legislative action on tort reform, Nebraska Democratic State Senator Ernie Chambers “filed a lawsuit against God in Douglas County Court.” “The Constitution requires that the courthouse doors be open, so you cannot prohibit the filing of suits,” Chambers says. “Anyone can sue anyone they choose, even God.” I don’t think it quite works that way. In order to have standing to bring a suit, you not only have to be affected, there has to be...
On Democratic and Economic Pragmatism
Related to last mentary and blog post, check out this WSJ piece, “Gates Crafts Long-Term Iraq Plan, With Limited Role for U.S. Forces,” in which Defense Secretary Robert Gates says, “My view is that whatever works economically ought to be tried.” ...
Reports on Religious and Economic Freedom
The US State Department issued its annual religious freedom report late last week (HT). And earlier this month, Paul Marshall of the Hudson Institute discussed the ing book, Religious Freedom in the World 2007. He had this to say about economic and religious freedom: If you take the worst 30 countries in terms of economic freedom, every one scored low with religious freedom. The top 30 countries all scored high. Why is that? We see two connections. First, wealth could...
OT Israel: Constitutional Monarchy?
I did a brief interview yesterday with Greg Allen of The Right Balance and have a couple more scheduled for next week. It’s kept me thinking about some of the issues surrounding the debate about Christianity, democracy, and Iraq. In the piece I wrote I pointed to some of the rather guarded opinions of representatives from the Christian tradition, namely John Calvin, Abraham Kuyper, and Dietrich Bonhoeffer, on the possibility of finding the “best” form of government. But I’ve also...
Colleges and Universities Fail at Teaching American Civics
“Is American higher education doing its duty to prepare the next generation to keep America free?” Apparently not, according to researchers at the University of Connecticut’s Department of Public Policy (UConnDPP), in a missioned by the Intercollegiate Studies Institute’s (ISI) National Civic Literacy Program. In a survey of 14,000 freshman and seniors at 50 colleges and universities across the country, every school scored poorly. Also, college seniors, sadly, scored little better than freshman. The average senior score was a failing...
DB at Let’s Tend the Garden
The PowerBlog’s own Don Bosch is attending the Let’s Tend the Garden evangelical environmental conference this week. He’s liveblogging at his own habitat, and will cross-post and update us here as opportunity permits. He writes to me briefly that there are “lots of Christian environmental leaders (Rich Cizik is here, along with Rusty Pritchard, Floresta, A Rocha, etc) and also secular groups (Sierra Club).” ...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved