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What is the purpose of giving gifts?

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Today's story: Giving gifts is a waste of money. That's the conclusion of economic studies that show the ""deadweight loss"" that occurs when givers buy gifts the receivers don't want very much. But even with this loss, a good gift can still be worth it...if done right.Full lesson: https://plainenglish.com/737 --Upgrade all your skills in English: Plain English is the best current-events podcast for learning English.You might be learning English to improve your career, enjoy music and movies, connect with family abroad, or even prepare for an international move. Whatever your reason, we'll help you achieve your goals in English.How it works: Listen to a new story every Monday and Thursday. They're all about current events, trending topics, and what's going on in the world. Get exposure to new words and ideas that you otherwise might not have heard in English.The audio moves at a speed that's right for intermediate English learners: just a little slower than full native speed. You'll improve your English listening, learn new words, and have fun thinking in English.--Did you like this episode? You'll love the full Plain English experience. Join today and unlock the fast (native-speed) version of this episode, translations in the transcripts, how-to video lessons, live conversation calls, and more. Tap/click: PlainEnglish.com/joinHere's where else you can find us: Instagram | YouTube | WhatsApp | EmailMentioned in this episode:Practice what you learn (and get human feedback)Don't just listen to the expression: put it into practice!

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Today's story: Giving gifts is a waste of money. That's the conclusion of economic studies that show the ""deadweight loss"" that occurs when givers buy gifts the receivers don't want very much. But even with this loss, a good gift can still be worth it...if done right.Full lesson: https://plainenglish.com/737 --Plain English helps you improve your English:<ul><li>Learn about the world and improve your English</li><li>Clear, natural English at a speed you can understand</li><li>New stories every week</li><li>Learn even more at PlainEnglish.com</li></ul> -- Mentioned in this episode:Ready to improve your listening?Ready to listen fast? Improve your listening with the fast version of this and every episode. The full-speed version is a fresh recording and it sounds just like someone speaking to a native speaker (with no AI or computer manipulation!) You can even listen on a podcast app

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