Have you wondered why Gilligan et al. used The Professor’s US currency rather than switching to a gold standard? Why the Sadam Dinar has doubled in value despite no longer being backed by a sovereign government?
The Ludwig von Misses Institute has posted an interesting discussion of economics using Gilligan’s Island and modern day Iraq as practical examples of how people react to new currencies being introduced.
On a lighter note, try reading about the 7 deadly sins of Gilligan’s Island. (Yes, Mr Howell gets greed)
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