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Jodi Beggs

The Hanukkah Production Possibilities Frontier, and an Economists' Hanukkah Song

By December 26, 2011

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Christmas may be over, but Hanukkah is still going strong for a few more days. Most of you know that Hanukkah is referred to as the festival of lights, but relatively few people remember exactly how that name came about. Basically, the Maccabees were trying to purify their temple after the Greeks had invaded it by burning ritual oil for eight days, but unfortunately they only had enough oil left to light the menorah for one day. The "Hanukkah miracle" is the fact that this amount of oil managed to keep the menorah going for eight days.

Economists would likely consider the Hanukkah miracle to be a temporary change in the production possibilies frontier- if one of the goods in a society is "days of light," or, technically, "days of temple purification," then the Hanukkah miracle could be represented by this sort of production possibilities frontier.

In addition, economists have even composed their own version of Adam Sandler's Hanukkah song. Who knew there were so many Jewish economists? (Okay, maybe I did.)

Comments

December 26, 2011 at 10:15 pm
(1) Joseph Swanson says:

An error in understanding the Western Christian calendar: Advent is over, and Christmas started last Sunday.

Christmas: (Nativity of the Lord) Remembrance of the birth of Jesus Christ, the coming of Creator God into the midst of the human family. The colors of gold and white symbolize a festival time. December 25, 201` to January 5, 2012.

Best, JAS

December 27, 2011 at 3:06 am
(2) David Chester says:

Youv’e missed out two important aspects about Chanukah:

1. It was the world’s first religious war. Unlike previous wars it was not for land nor slaves nor wealth. This was a war against false gods and wrong ideas. This war is not yet over!

2. The Macabees had to change the political state of the Jews too, most of whom spoke only Greek, liked Greek customs and culture and had forgotten that they came from a monotheist religious source that was not pagen! Their battles included forceful re-conversion of Jews back to being Jews!

Also a point you missed: Hanukah means “education” which is a somewhat simplification of what actually happened.

December 30, 2011 at 7:54 pm
(3) Fitness programs says:

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