Today is Towel Day

Don't panic if you forgot!

Dorothy as economic theorist

A new way of looking at The Wizard of Oz.

The Wonderful Wizard of Oz is one of the world's best-loved fairytales. As Judy Garland's famous film nears its 70th birthday, how much do its followers know about the story's use as an economic parable?

Dorothy in Kansas conjures up nostalgic thoughts of childhood Christmases hiding behind the sofa from the Wicked Witch of the West. Or those flying monkeys.

It's unlikely its young fans will have been thinking about deflation and monetary policy.

But the story has underlying economic and political references that make it a popular tool for teaching university and high school students - mainly in the United States but also in the UK - about the economic depression of the late 19th Century.

"I went in there one day, and in the drawing room I found Emily reclining in the arms of a man."

Emily Dickinson had a secret lover!

It's now widely assumed that that man was Judge Otis Lord, a widower of her father's generation who proposed marriage to Dickinson late in his life and hers (she died in 1886 at the age of 56) only to be affectionately rebuffed. "Don't you know," she wrote coyly but decisively, "that you are happiest while I withhold and not confer?" Yet the notion of Emily Dickinson making out in her living room is so foreign to our conception of her that her autumnal tryst with Judge Lord has never become part of the popular lore about her.

Will you read her poetry in the same way again? Is it better to think of her as an old spinster longing for the beauty of romantic companionship but never finding it? Is it disappointing to think that she wasn't so different from all us romantic fools?

I bet that if Emily Dickinson had been a fan of '80's pop songs, this one would have been near the top of her favorites list: