The Alchian Maze

Michael J. Clark

The Journal of Economic Education, 2020, vol. 51, issue 2, 159-166

Abstract: The Alchian Maze uses active learning for teaching important economic concepts like spontaneous order and the power of profit and loss. While the game is an effective teaching tool, it is also cheap, low tech, and requires little advance preparation. The author of this article provides an overview on how to create and run an Alchian Maze. A number of economic principles that could be taught in conjunction with the game will also be explored. The Alchian Maze was selected for 2019’s Best in Class Award by the National Economics Teaching Association. A video demonstration and overview can be found at https://youtu.be/Q-1w0dgAG80.

Date: 2020
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DOI: 10.1080/00220485.2020.1731392

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