Things have been pretty quiet around here this year. The temptation to embed music videos or insert other snippets of creativity has been resisted because, well, heteconomist has not really paid its way with the requisite quota of economics posts to justify it. Increasingly economics seems to be not only a lost cause but rather beside the point. In any case, with remarkable self-discipline any straying off topic has been put on hold until the Christmas/New Year period, which has now arrived. Hopefully all are well and enjoying a nice break.