I’ve been taking a break from working on the How the Economy Works tutorial. Thank you to those who shared it with others! However, I’m still having trouble (as far as I can tell) getting it in front of people for whom this content is not already at least somewhat familiar.
To try some new directions, a few weeks ago I started on a much shorter interactive tutorial, “How Loans Create Money“, incorporating balance sheets more centrally into the page-by-page narrated tutorial format in a way that I hope is accessible to more people than those who benefit from the Macroeconomic Balance Sheet Visualizer. Since then, this has become a hot topic in the econoblogosphere, with debates between Paul Krugman, Steve Keen, Scott Fullwiler, and others! It’s very foundational stuff.
Tentative near term plans in rough order of priority:
- Finish publishable draft of How Loans Create Money tutorial.
- Finish publishable draft of Macroeconomic Circular Flow Visualizer — it’s a bit like the Macroeconomic Balance Sheet Visualizer, but lets you control leakages and injections and view changing flow volumes, deficits & surpluses, etc.
- Attempt to bring the How the Economy Works tutorial to a higher professional standard of visual and audio quality to help with potential appeal to newcomers.
- After that, there are numerous possibilities for additional tutorial content (and it will get easier as the underlying content engine evolves)… Feel free to make content requests!