John Komlos and the seven dwarfs
Komlos, ECON 101, Disney, heterodox economics, productivity JEL Codes: A22 B50
The neoclassical paradigm leaves students with the simplistic understanding that the contribution of essential workers is far less compared to that of CEOs and financial executives. This teaching is crystallized through principle 8, which associates living standards with productivity. The objective in this paper is to develop a renewed perspective by projecting the ideas of John Komlos through the song of the seven dwarves. Such an approach allows to retain student interest, make economic content relatable, and facilitate a nuanced understanding. The song lyrics help advance a renewed perspective that higher productivity does not always lead to higher living standards.
Junaid B. Jahangir, "John Komlos and the Seven Dwarfs", real-world economics review, issue no. 101, 15 September 2022, pp. 65-75, http://www.paecon.net/PAEReview/issue101/Jahangir101.pdf
Attribution-NonCommercial (CC BY-NC)