What is the purpose of giving gifts?

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:Learn about the world and improve your EnglishClear, natural English at a speed you can understandNew stories every weekLearn even more at PlainEnglish.com-- 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 Sign up for a free 14-day trial at PlainEnglish.com