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The Fable of the Allegory: The Wizard of Oz in Economics: Comment

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Author Info
Ranjit S. Dighe () (State University of New York College at Oswego)
Abstract

Although recent research strongly suggests that L. Frank Baum did not write The Wonderful Wizard of Oz as a monetary or political allegory, the Populist-parable interpretation of his book remains a tremendous teaching tool in economics classes. The author offers some background on the rise and fall of the Populist interpretation, in recognition of students’ natural curiosity about Baum’s intentions. He also offers a classroom-ready version of the parable that synthesizes several different versions of that interpretation.

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Publisher Info
Article provided by Helen Dwight Reid Foundation in its journal The Journal of Economic Education.

Volume (Year): 38 (2007)
Issue (Month): 3 ()
Pages: 318-324
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Handle: RePEc:jee:journl:v:38:y:2007:i:3:p:318-324

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Related research
Keywords: bimetallism; economic history; fiat money; gold standard; monetary economics; teaching economics; The Wonderful Wizard of Oz;

Find related papers by JEL classification:
A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
N1 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. William D. Grampp, 2000. "What Did Smith Mean by the Invisible Hand?," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 441-465, June. [Downloadable!] (restricted)
  2. Frank D. Tinari & Kailash Khandke, 2000. "From Rhythm and Blues to Broadway: Using Music to Teach Economics," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 31(3), pages 253-270. [Downloadable!]
  3. Bradley A. Hansen, 2002. "The Fable of the Allegory: The Wizard of Oz in Economics," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 33(3), pages 254-264. [Downloadable!]
  4. Donna M. Kish-Goodling, 1998. "Using The Merchant of Venice in Teaching Monetary Economics," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 29(4), pages 330-339. [Downloadable!]
  5. Rockoff, Hugh, 1990. "The "Wizard of Oz" as a Monetary Allegory," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 739-60, August. [Downloadable!] (restricted)
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This page was last updated on 2009-11-25.


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