The Yellow Shells

The Yellow Shells is a story about how money is created. It is about basic economics and is intended to be an educational text. Because the subject can be dry and rather difficult to follow for someone who has not studied the subject before, the discussion is set against the backdrop of a fictitious island community. Themes covered in the story include the role of government, public and private finance, banking, savings, inflation, taxation, government bonds, public enterprises,...
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The Yellow Shells is a story about how money is created. It is about basic economics and is intended to be an educational text. Because the subject can be dry and rather difficult to follow for someone who has not studied the subject before, the discussion is set against the backdrop of a fictitious island community. Themes covered in the story include the role of government, public and private finance, banking, savings, inflation, taxation, government bonds, public enterprises, monetary policy, 'effective' and 'latent' demand, resource availability, social issues, national security and environmental sustainability. The work is intended to encourage the reader to think about what is discussed every day in the media. The reader is taken through some scenarios common to everyday life across the globe and is presented with information that may cause the reader to question those who claim sovereign governments can only spend what they raise either from taxes or from borrowing. The work explores how an economy based on money can be a powerful tool and how, with plentiful resources and a growing population, can threaten the existence of all life on our planet.