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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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
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