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

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Author Info
Bradley A. Hansen () (Mary Washington College)
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.

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

Volume (Year): 33 (2002)
Issue (Month): 3 ()
Pages: 254-264
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Handle: RePEc:jee:journl:v:33:y:2002:i:3:p:254-264

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Related research
Keywords: economic history; monetary economics; teaching economics; The Wonderful Wizard of Oz;

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Find related papers by JEL classification:
A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
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. Friedman, Milton, 1990. "The Crime of 1873," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1159-94, December. [Downloadable!] (restricted)
    Other versions:
  2. 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!]
  3. 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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Cited by:
(explanations, 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. Ranjit S. Dighe, 2007. "The Fable of the Allegory: The Wizard of Oz in Economics: Comment," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 38(3), pages 318-324. [Downloadable!]
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This page was last updated on 2009-10-29.

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