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

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  • Bradley A. Hansen

Abstract

L. Frank Baum's The Wonderful Wizard of Oz has become popular as a teaching tool in economics. It has been argued that it was written as an allegory of Populist demands for a bimetallic monetary system in the late 19th century. The author argues that Baum was not sympathetic to Populist views and did not write the story as a monetary allegory.

Suggested Citation

  • Bradley A. Hansen, 2002. "The Fable of the Allegory: The Wizard of Oz in Economics," The Journal of Economic Education, Taylor & Francis Journals, vol. 33(3), pages 254-264, September.
  • Handle: RePEc:taf:jeduce:v:33:y:2002:i:3:p:254-264
    DOI: 10.1080/00220480209595190
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    Cited by:

    1. Cecil E. Bohanon & Michelle Albert Vachris, 2011. "Economics and Literature: The Gains from Trade," Chapters,in: International Handbook on Teaching and Learning Economics, chapter 21 Edward Elgar Publishing.

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