The Fable of the Allegory: The Wizard of Oz in Economics
@article{Hansen2002TheFO, title={The Fable of the Allegory: The Wizard of Oz in Economics}, author={Bradley A. Hansen}, journal={The Journal of Economic Education}, year={2002}, volume={33}, pages={254 - 264} }
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.
17 Citations
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