1.2. What economics textbook is featured in The Great Gatsby? Hint: Go to fairmodel.econ.yale.edu/rayfair/pdf /2000c.pdf. As you...
Question:
1.2. What economics textbook is featured in The Great Gatsby?
Hint: Go to fairmodel.econ.yale.edu/rayfair/pdf
/2000c.pdf. As you know, the language of economics includes a heavy dose of graphs and equations. But the underlying phenomena that economists study are the stuff of novels as well as graphs and equations. The following two passages, from The Great Gatsby by F. Scott Fitzgerald and The Grapes of Wrath by John Steinbeck, capture in graphic, although not graphical, form the economic growth and spending of the Roaring Twenties and the human side of the unemployment of the Great Depression. The Great Gatsby, written in 1925, is set in the 1920s, whereas The Grapes of Wrath, written in 1939, is set in the early 1930s. If you look at Figure 20.2 for these two periods, you will see the translation of Fitzgerald and Steinbeck into macroeconomics.
Step by Step Answer:
Principles Of Economics
ISBN: 9780802845610
12 Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster