Browsing All posts tagged under »usa«

Tax Anticipation Scrip as a Form of Local Currency in the USA during the 1930s

July 2, 2012

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Loren Gatch: This article surveys the varieties of tax anticipation scrip issue during the 1930s Great Depression, and suggests some applications to non-crisis circumstances.

Selling Scrip to America: Ideology, Self-help and the experiments of the Great Depression

July 2, 2012

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Sarah Elvins: Although there was no single pattern to the use of alternative currency in America during the Great Depression, the arguments used by supporters of scrip often played on common themes. Scrip appealed to American notions of self-help and individualism, and few Americans were willing to embrace radical change.

Democratizing Money: Historical Role of the U.S. Federal Government in Currency Creation

July 2, 2012

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Saul Wainwright. For 260 years the US federal government has claimed that the most democratic money is a scarce form of money. This paper reviews two challenges to that claim: in the 1860’s by the Greenback Party and the 1980s by the Community Currency movement.

Key Indicators of Time Bank Participation: Using Transaction Data for Evaluation

May 29, 2012

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Ed Collum. This paper presents some key and advanced statistical indicators of time bank participation, intended to encourage coordinators and scholars to study these networks.

A Report from Vermont (USA): The VBSR Marketplace

May 29, 2012

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Amy Kirschner. This paper described and evaluates a peer to peer mutual credit system now in operation in the State of Vermont.

Downtown Dollars: Community currency or discount coupon?

May 29, 2012

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The literature on community currencies builds on the idea that communities can create their own currency to maintain the importance of place and build social and cultural capital.  Using interviews, questionnaires, and a survey, this case study reports on the ability of one experiment with community currency, Downtown Dollars, a scrip program in Ardmore, Pennsylvania […]

The Burlington Currency Project: A History

May 29, 2012

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Burlington Currency Project (BCP) existed for 10 years in Burlington, Vermont, USA (1997 to 2007) and administered the community currency, Burlington Bread. There were many distinct phases during the life of BCP. It started out as an adhoc group of volunteers and eventually found a level of institutional and city support before closing due to […]

An Economic Analysis Of Contemporary Local Currencies In The United States

May 29, 2012

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Since 1991, over 80 communities in the United States introduced locally printed money. It is argued by proponents that community currency systems revitalize local economies by keeping money circulating locally rather than flowing out, but this study is the first known in-depth economic analysis of these systems. Monetary theory and the experience with local currencies […]

Community Currency: An Approach To Economic Sustainability In Our Local Bioregion

May 29, 2012

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Throughout the United States many rural areas face challenges to economic sustainability. Community currency attempts to confront these challenges by ensuring that wealth and resources are maintained within a region. The specific research question investigated in this article is, “Why do individuals participate in community currency movements and does that participation actually promote economic sustainability?” […]

The Motivations, Engagement, Satisfaction, Outcomes, and Demographics of Time Bank Participants: Survey Findings from a U.S. System

May 28, 2012

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Findings from a comprehensive survey of the membership of a Time Bank in the United States are reported. This system has a total of 505 individual members, 233 of whom responded to the author’s online survey (46.1% response rate). Respondents were asked 193 questions in six categories: motivations, engagement, outcomes, satisfaction, community experience, and demographics. […]

Helping Everyone Have PLENTY: Addressing Distribution and Circulation in an HOURS-based Local Currency System

May 23, 2012

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This paper summarizes research conducted by the authors who served as the ad-hoc Disbursement Task Force created by NCPlenty, Inc., the non-profit managing agency for a local currency system in central North Carolina, USA. NCPlenty, Inc. began printing a scrip-based local currency called the PLENTY in October 2002. The PLENTY, or Piedmont Local EcoNomy Tender, […]

The Social and Cultural Capital of Community Currency, An Ithaca HOURS Case Study Survey

May 23, 2012

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In this article the authors report and analyze the data from an interview survey of 42 Ithaca HOURS community currency users. The theoretical context for the study is social capital, and the survey seeks to answer questions centering around the extent the interviewees participate in networks of reciprocity, trust and support. The survey results indicate […]

HOUR Town – Paul Glover and the Genesis and Evolution of Ithaca HOURS

May 23, 2012

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Ithaca HOURS are, arguably, the most successful of the local currency experiments of the last two decades. At the height of their popularity in the mid-1990s, perhaps as many as 2,000 of Ithaca and region’s 100,000 residents were buying and selling with HOURS. The high profile of HOURS in the Ithaca community has prompted a […]

Commodity Currencies for Fair and Stable International Exchange Rates

May 23, 2012

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For the greater part of the history of money, we humans have used commodities as the basis of our currency systems. In 1971 the world went to a fiat currency system and the problems have increased. During the last 30 years the United States has seen a previously unheard of rate of bank failures. Since […]

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