Local Currencies: Difference between revisions
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=Definition= | =Definition= | ||
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"In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. These currencies are also referred to as community currency. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse." | "In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. These currencies are also referred to as community currency. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse." | ||
(http://en.wikipedia.org/wiki/Local_currency) | (http://en.wikipedia.org/wiki/Local_currency) | ||
=Examples= | |||
* E.F Schumacher Society Local Currency Library, http://www.smallisbeautiful.org/local_currencies.html | |||
* Complementary Currency Systems and Local Exchange Networks, http://www.transaction.net/money/community/index.html | |||
* Local and Interest-Free or Alternative Currencies, Social Credit and Microcredit, http://www.ex.ac.uk/~RDavies/arian/local.html | |||
* Ithaca Hours, Local Currency in Ithaca, NY, http://www.ithacahours.org/ | |||
* The Burlington Currency Project – Local Currency in Burlington, Vermont, http://www.burlingtoncurrency.org/ | |||
[[Category:Encyclopedia]] | [[Category:Encyclopedia]] | ||
[[Category:Money]] | [[Category:Money]] | ||
Revision as of 13:37, 6 February 2010
Definition
From the Wikipedia at http://en.wikipedia.org/wiki/Local_currency
"In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. These currencies are also referred to as community currency. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse." (http://en.wikipedia.org/wiki/Local_currency)
Examples
- E.F Schumacher Society Local Currency Library, http://www.smallisbeautiful.org/local_currencies.html
- Complementary Currency Systems and Local Exchange Networks, http://www.transaction.net/money/community/index.html
- Local and Interest-Free or Alternative Currencies, Social Credit and Microcredit, http://www.ex.ac.uk/~RDavies/arian/local.html
- Ithaca Hours, Local Currency in Ithaca, NY, http://www.ithacahours.org/
- The Burlington Currency Project – Local Currency in Burlington, Vermont, http://www.burlingtoncurrency.org/