ERIC Number: EJ775126
Record Type: Journal
Publication Date: 2007
Reference Count: 24
The Fable of the Allegory: The Wizard of Oz in Economics: Comment
Dighe, Ranjit S.
Journal of Economic Education, v38 n3 p318-324 Sum 2007
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 a tremendous teaching tool in economics classes. The author offers some background on the rise and fall of the Populist interpretation, in recognition of students' natural curiosity about Baum's intentions. He also offers a classroom-ready version of the parable that synthesizes several different versions of that interpretation.
Descriptors: Novels, Economics Education, Political Attitudes, United States History, Macroeconomics, Figurative Language, United States Literature, Instructional Materials, Monetary Systems
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Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
Authoring Institution: N/A