Financial wizardry is just smoke and mirrors
IrishTimes
Friday, May 15, 2009
SERIOUS MONEY: THE AUTHOR L Frank Baum was born on this day in 1856. His most enduring work, The Wonderful Wizard of Oz , was published in 1900 and more than a century later remains a favourite among children, writes CHARLIE FELL
Baum’s seemingly-innocent fairytale is viewed by many as an allegory about the rise of the free silver movement in the 1890s and their demands for a bimetallic monetary standard that would ease the restrictions imposed on monetary expansion via the link to gold and help avoid a repeat of the severe depression of 1893. Read the rest of this entry »
In These New Times 