{"id":1249,"date":"2014-12-09T08:00:06","date_gmt":"2014-12-09T15:00:06","guid":{"rendered":"http:\/\/blogs.pugetsound.edu\/econ\/?p=1249"},"modified":"2014-12-08T23:25:05","modified_gmt":"2014-12-09T06:25:05","slug":"santanomics","status":"publish","type":"post","link":"https:\/\/blogs.pugetsound.edu\/econ\/2014\/12\/09\/santanomics\/","title":{"rendered":"Santanomics"},"content":{"rendered":"

The impact of the holiday season on\u00a0our consumer economy can hardly be overstated. In addition to elevated\u00a0black Friday and other seasonal shopping, we might expect Santa Claus to be a major economic force. In that spirit, researchers have put together\u00a0some interesting statistics on what Santa’s operations, were they structured as a multinational corporation, might look like. Based on his job’s description of pilot and industrial manager, insure.com<\/a>\u00a0estimates Santa would make\u00a0a salary of $<\/span><\/a>139,924<\/a>. (If Santa were classified as CEO, that number would likely be much higher.)\u00a0<\/span>NPR’s Planet Money crunched the numbers to determine the elven workforce necessary if Santa operated like UPS or FedEx. It turns out he would need 12 million employees<\/a>. They put together this graphic,\u00a0laying out\u00a0the size of various departments of “Santa, Inc.” My favorite department: Human (Elf) Resources.<\/p>\n

\"\"<\/p>\n

Anyways, happy holidays everyone!<\/p>\n","protected":false},"excerpt":{"rendered":"

The impact of the holiday season on\u00a0our consumer economy can hardly be overstated. In addition to elevated\u00a0black Friday and other seasonal shopping, we might expect Santa Claus to be a major economic force. In that spirit, researchers have put together\u00a0some interesting statistics on what Santa’s operations, were they structured as a multinational corporation, might look like. Based on his job’s description of pilot and industrial manager, insure.com\u00a0estimates Santa would make\u00a0a salary of $139,924. (If Santa were classified as CEO, that number would likely be much higher.)\u00a0NPR’s Planet Money crunched the numbers to determine the elven workforce necessary if Santa operated Continue reading Santanomics<\/span>→<\/span><\/a><\/p>\n","protected":false},"author":388,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1249","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts\/1249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/users\/388"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/comments?post=1249"}],"version-history":[{"count":2,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts\/1249\/revisions"}],"predecessor-version":[{"id":1251,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/posts\/1249\/revisions\/1251"}],"wp:attachment":[{"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/media?parent=1249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/categories?post=1249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.pugetsound.edu\/econ\/wp-json\/wp\/v2\/tags?post=1249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}