On this day, economists mourn all the social welfare that has been lost in the last year. That social welfare is lost and we will never get it back.
Deadweight loss is the loss of social welfare caused by that dreaded
demon, inefficiency. Examples are monopoly and externalities. To learn
more, go the following link:
One good way to commemorate this day would be to cut out the deadweight
loss triangle from a monopoly graph (like the one shown below) and burn
it, to symbolize all of the lost social welfare. Doing so is both a
life-changing and life-affirming ritual.