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The Road to Emerald City is Paved with Good Intentions

The Road to Emerald City is Paved with Good Intentions

This lesson plan uses "The Wizard of Oz" to examine the historical relationship between the money supply and the price level, assigning Oz characters to roles such as farmers, industrialists, President McKinley, etc. Several links are provided to articles regarding deflation/inflation, as well as an interview with Milton Friedman.

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