The deadweight loss of (Secret) Santa
Today sees two consequential events. One, the Conservative Party has won the general election with a landslide majority, making it more or less inevitable that the UK leaves the EU, as planned, on 31 January. And second, it’s Fathom’s Christmas party. While many believe the former will lead to a prolonged (economic) hangover, the headache caused by the latter will hopefully be limited to Saturday morning. But we don’t only indulge in delicious food and wine, we also have a