As I've previously written recently (1, 2) I fully support free competition in currency. This is normally interpreted as a longing for a national gold standard. But let's focus on the benefit to your neighborhood.
The E.F. Schumacher Society promotes local currencies. On this week's Invisible Hand podcast, Tracy Twyman directs us to one such experiment, the Cascadia Hour Exchange, inspired in part by the Ithaca Hours.
These experiments prompted me to suggest something similar . . .
James Leroy Wilson's one-man magazine.
Wednesday, June 02, 2010
Better Than Money
Check out my latest at The Partial Observer. Excerpt:
Labels:
economy,
Money,
political theory
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