Monday, July 20, 2009

5. "The Wonderful Wizard of Oz was a political work"

"In 1964, a professor named Henry Littlefield speculated that the book The Wonderful Wizard of Oz was a political work meant to support the farmers' opposition to the gold standard. Dorothy is a young farm girl from Kansas who represents rural U.S. citizens; the Tin Man represents city workers; the Cowardly Lion is William Jennings Bryant, whom the author thought was not a strong enough leader; and the Scarecrow is the U.S. farmer. The four travel toward the East on the yellow brick road -- a road made of gold -- to see the Wizard of Oz, who represents the evil eastern bankers who manipulate the economy by pulling strings and levers behind a curtain. Their destination, Oz, is simply the abbreviation for ounce, as in ounces of gold."

From "Economics FOR DUMMIES" by Sean Masaki Flynn, PhD, Assistant Professor of Economics, Vassar College

No comments:

Post a Comment