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The Alchian Maze

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  • Michael J. Clark

Abstract

The Alchian Maze uses active learning for teaching important economic concepts like spontaneous order and the power of profit and loss. While the game is an effective teaching tool, it is also cheap, low tech, and requires little advance preparation. The author of this article provides an overview on how to create and run an Alchian Maze. A number of economic principles that could be taught in conjunction with the game will also be explored. The Alchian Maze was selected for 2019’s Best in Class Award by the National Economics Teaching Association. A video demonstration and overview can be found at https://youtu.be/Q-1w0dgAG80.

Suggested Citation

  • Michael J. Clark, 2020. "The Alchian Maze," The Journal of Economic Education, Taylor & Francis Journals, vol. 51(2), pages 159-166, April.
    • Handle: RePEc:taf:jeduce:v:51:y:2020:i:2:p:159-166
    DOI: 10.1080/00220485.2020.1731392
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    Cited by:

    1. Daniel M. Settlage & Jim R. Wollscheid, 2021. "Teaching with the Debt Fixer: An Interactive Online Tool to Manage the National Debt," Journal of Economics Teaching, Journal of Economics Teaching, vol. 5(4), pages 152-170, April.

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