The "Wizard of Oz" as a Monetary Allegory

@article{Rockoff1990TheO,
  title={The "Wizard of Oz" as a Monetary Allegory},
  author={H. J. Rockoff},
  journal={Journal of Political Economy},
  year={1990},
  volume={98},
  pages={739 - 760}
}
  • H. Rockoff
  • Published 1990
  • Economics
  • Journal of Political Economy
The Wonderful Wizard of Oz, perhaps America's favorite children's story, is also an informed comment on the battle over free silver in the 1890s. The characters in the story represent real figures such as William Jennings Bryan. This paper interprets the allegory for economists and economic historians, illuminating a number of elements left unexplained by critics concerned with the politics of the allegory. It also reexamines Bryan and the case for free silver. Far from being monetary cranks… Expand

Paper Mentions

The Fable of the Allegory: The Wizard of Oz in Economics: Comment
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 aExpand
The Fable of the Allegory: The Wizard of Oz in Economics
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 bimetallicExpand
The Rise and Fall of The Wonderful Wizard of Oz as a ‘Parable on Populism
The Wonderful Wizard of Oz is one of America's favorite pieces of juvenile literature. Children like it because it is a good story, full of fun characters and exciting adventures. Adults--especiallyExpand
Oz, populism, and intent
Following the lead of influential articles by Henry Littlefield (1964) and Hugh Rockoff (1990), teachers of economic history often relate the Populist movement of the 1890s to L. Frank Baum’s TheExpand
“Like You Could Read What Was Inside of Me”: Genocide, Hermeneutics, and Religion in The Wizard of Oz
Ten years before he wrote The Wonderful Wizard of Oz, L. Frank Baum produced two editorials calling for the death of all Native American people. These editorials have affected how both Baum’s novelExpand
“So Glad to be at Home Again”: L. Frank Baum’s The Wonderful Wizard of Oz as a Rereading of Homer’s Odyssey
In an article in the BBC News Magazine some years ago, Lyman Frank Baum’s (1856–1919) novel The Wonderful Wizard of Oz was called “one of the world’s best-loved fairytales” (Jahangir 2009). The storyExpand
‘Toto, I Think We’re in Oz Again’ (and Again and Again): Remakes and Popular Seriality
You know the story—because it has been told many times. A little girl, perhaps nine years old, an orphan, lives with her aunt and uncle on a desolate, gray farm in desolate, gray Kansas. It isExpand
Money and Politics in the Land of Oz
—————— !—————— he story of ‘The Wonderful Wizard of Oz’ was written solely to pleasure children of today” (Dighe 2002, 42). So wrote L. Frank Baum in the introduction to his popular children’sExpand
Boq: L. Frank Baum’s Shout-Out to Edward Bok
In 1964, Henry Littlefield first noted that The Wonderful Wizard of Oz (1900) contains a number of allusions to late nineteenth-century political and economic issues. The Tin Woodman, LittlefieldExpand
The Crime of 1873
The U.S. Coinage Act of 1873 eliminated provision for the free coinage of silver. That act cast the die for a gold standard. The conventional view is that "the act of 1873 was a piece of goodExpand
...
1
2
3
4
5
...

References

SHOWING 1-10 OF 35 REFERENCES
The Scene of the Crime of 1873 Revisited: A Note
THE problem of the country's monetary standard and controversies arising from efforts to deal with it appear persistently and recurrently in American history. From the land-bank episodes of the lateExpand
Repeal of Silver Monetization in the Late Nineteenth Century
ECONOMISTS, HISTORIANS, AND POLITICAL SCIENTISTS have devoted much attention to the monetary events and policies of the postCivil War era in the United States. The gold standard system, theExpand
The Road to Xanadu: A Study in the Ways of the Imagination
John Livingston Lowes's classic work shows how various images from Coleridge's extensive reading, particularly in travel literature, coalesced to form the imagistic texture of his two most famousExpand
The Winning of the Midwest: Social and Political Conflict, 1888-1896
What are the "mainsprings" of American politics? To historians of Charles A. Beard's generation differences in economic situation were the "real stuff" of politics, and the impact of majorExpand
A Monetary History of the United States
Writing in the June  issue of the Economic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: “The long-awaited monetaryExpand
" Bimetallism Revisited . " J . Econ . Perspectives ( 1990 ) , in press . ( a ) " The Crime of 1873
  • A Monetary History of the United States , 1867 - 1960
  • 1989
William Jennings Bryan and the Cyanide Process
  • J. Econ. Perspectives
  • 1989
Oz in the News.
  • Baum Bugle
  • 1987
...
1
2
3
4
...