Home
/
RELIGION & LIBERTY ONLINE
/
‘The Gift of the Magi’ and the Power of Exchange
‘The Gift of the Magi’ and the Power of Exchange
Jan 20, 2026 10:59 AM

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
No religious liberty? Then no economic freedom, either
After a week filled with heated media discussions on religious liberty, Mollie Hemingway provides a devastating critique of how, legislation aside,our media and culture appear bent on diluting and distorting a freedom foundational to all else. The piece is striking and sweeping, deeply disturbing and yet, for those of us in the trenches, somewhat cathartic in its clarity. Whether politics is downstream or upstream from culture, it appears rather clear that this battle is not a figment of our imaginations....
Creature Feature: ICCR and GMO Labeling
Fear of the unknown hazards of technology has been the inspiration for science fiction cautionary tales from Mary Shelley’s Frankenstein to Japanese superstar Godzilla. Sadly, this fear extends to the harmless – and indeed extremely positive – applications of science in contemporary agriculture, especially when es to producing cheap, plentiful food for people on every rung of the economic ladder. Modern agriculture’s ability to feed the Earth’s population is nothing short of miraculous. Modern science and practices have enabled the...
How the Media Mislead the Public About Arizona’s Religious Freedom Amendment
Would you be surprised to hear that the mainstream media hasn’t been telling you the whole story? Probably not. The failings of the media has been a perennial story since 131 BC when the first newspaper, Acta Diurna, was published in Rome. But sometimes the media’s biases lead them to make claims that are especially egregious and harmful to mon good. Such is the case on the reporting of an amendment relating to the free exercise of religion in Arizona....
Calvin College Presents Panel Discussion: ‘Ukraine: The Last Frontier in the Cold War?’
The rapidly changing events in the Ukraine are causing concern throughout the world. On March 4 at 3 p.m., a panel discussion entitled “Ukraine: The Last Frontier in the Cold War?” will be held at the Calvin College DeVos Communications Center Lobby area in Grand Rapids, Mich. The panel will feature Todd Huizinga (Senior Research Fellow at the Henry Institute, Acton Institute Fellow, and co-founder of the Transatlantic Christian Council, with expertise on the European Union), Becca McBride (professor of...
Alton Brown on Stewardship: ‘None of This Is Mine’
In an interview with Eater, celebrity chef Alton Brown was asked how his faith and religion play into his professional life. Brown is a “born-again Christian,” though he finds the term overly redundant. His answer is rather edifying, offering a good example of the type of attitude and orientation we as Christians are called to assume: As far as other decisions, my wife runs pany. We try not to make any big decisions about the direction of pany or my...
Explainer: What Just Happened with Russia and Ukraine?
Note: This is an updateand addition to a previous post, “Explainer: What’s Going on in Ukraine?” What just happened with Russia and Ukraine? Last week, pro-EU protesters in Ukraine took control of Ukraine’s government after President Viktor Yanukovych left Kiev for his support base in the country’s Russian-speaking east. The country’s parliament sought to oust him and form a new government. They named Oleksandr Turchynov, a well-known Baptist pastor and top opposition politician in Ukraine, as acting president. In the...
‘As Long As I’m A Good Person’
“It doesn’t matter what I believe…as long as I’m a good person.” How many times have you heard that? As our society trends more and more to the secular, this type of thing es mon. We’ve gone from a society that, at the very least, paid lip-service munal worship and having moral standards set by a higher authority, to “I can worship God on my own; I don’t need a church to do that” to “It doesn’t matter what I...
Media Credibility and the Amnesia Effect
Why, when I realize that journalists misrepresent topics that I know something about — such as religious liberty — do I trust them to accurately cover issues that I don’t know much about? I’ve thought about that question for years but didn’t realize that the late novelist Michael Crichton coined a related term for this: the Gell-Mann Amnesia effect. Briefly stated, the Gell-Mann Amnesia effect works as follows. You open the newspaper to an article on some subject you know...
Samuel Gregg on ‘Exorcising Latin America’s Demons’
Venezuela has been at the top of the news lately because of violnent demonstrations and government abuses (for background on the situation in Venezuela, check out Joe Carter’s post). Director of research at Acton, Samuel Gregg, has written a special report at The American mentating on Venezuela as well as Latin America as a whole: Given Venezuela’s ongoing meltdown and the visible decline in the fortunes of Argentina’s President Cristina Kirchner, one thing has e clear. Latin America’s latest experiments...
War On Poverty: The Report Is In
The House Budget Committee has issued its report on The War on Poverty, 50 Years Later. It’s 204 pages long, so feel free to dig in. However, I’ll just hit some of the highlights. Lyndon B. Johnson’s War on Poverty has created 92 government programs, currently costing us about $800 billion. mittee’s take on this is summed up as: But rather than provide a roadmap out of poverty, Washington has created plex web of programs that are often difficult to...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved