Austro-Libertarian Christmas

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During this season, I always like to point out those great lyrics from the holiday television special, Rudolph the Red-Nosed Reindeer. Burl Ives, as a snowman, sings about subjective value:

Silver and gold
Silver and gold
Ev’ryone wishes for silver and gold
How do you measure it’s worth?
Just by the pleasure it gives here on earth.

The squirrels in this snippet, however, are disappointed to find out they can’t eat the gold, so they may value the nuts over the gold. Additionally, Tom Mullen, in an article for the Washington Times Communities, points out other libertarian themes that pervade the wonderful specials of Christmas past.

4:54 am on December 15, 2012
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