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Green Eggs and… Economics?

Dive into the world of Dr. Seuss and discover how economic concepts like asymmetric information, externalities, property rights, and more are cleverly woven into popular stories like Green Eggs and Ham, The Lorax, Horton Hears a Who!, and others.

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Green Eggs and… Economics?

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  1. Green Eggs and…Economics? Concepts Overview

  2. What economic concepts are present in Dr. Seuss’s books?

  3. What examples did you see of… The Cat in the Hat • asymmetric information • environmental issues • externalities • monitoring costs • recreation/leisure

  4. What examples did you see of… Green Eggs and Ham • complements • experience goods • interpersonal differences in preferences • utility

  5. What examples did you see of… The Lorax • economies of scale • endangered species • environmental externalities • property rights and enforcement • specialization and division of labor • tragedy of the commons • wants

  6. personal beliefs in ability and luck choices competition individual interests and abilities information Oh, the Places You’ll Go!: What examples did you see of… • leisure/recreation • migration • opportunity cost • risk • uncertainty • utility • waste/inefficiency

  7. What examples did you see of… Horton Hears a Who!: • asymmetric information • collective action/demonstrations • discrimination • endangered species • public choice • shirking • specialization • skills

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