Local Currency Resources

Local Currency Essays

Local Currency Essays by Robert Swann

The Politics of Money by Hazel Henderson  


Local Currency Studies

         The New Wealth of Time: How timebanking helps people build better public services by the New Economics Foundation

Initial Results of WIR Research in Switzerland by Erick S. Hansch

Time Banks, A Radical Manefesto for the UK by David Boyle


Legal Issues

"Legal Aspects of Local Currency," Chapter 7 from Rethinking Our Centralized Monetary System: the Case for a System of Local Currencies, by Lewis D. Solomon, professor of law at George Washington University.

Foreword by Robert Swann & Chapter Notes, copyright © 1996 by Lewis D. Solomon, published by Praeger Press. Used here with the kind permission of Professor Solomon and the Greenwood Publishing Group, Inc., Westport, CT.


Local Currencies in the 21st Century Conference

In June of 2004 the Schumacher Center for New Economics convened the conference "Local Currencies in the 21st Century". The conference report and UTNE Reader article provide details on this landmark event, described by Pete Seeger as "the best conference he had ever attended".

To see the full schedule of events and to read the workshop descriptions and speaker biographies, see the PDF of the Conference packet.

Below are transcribed lectures from the Conference:


Books and Book Excerpts

The Natural Economic Order
by Silvio Gesell, 1906
Introduction  |  Part 1   |  Part 2   |  Part 3   |  Part 4  |  Part 5

Stamp Scrip
by Irving Fisher, LL.D. (Professor of Economics, Yale University)
Assited by Hans R. L. Cohrssen and Herbert W. Fisher
New York; Adelphi Company; Publishers; Copyright 1933

Money and Debt : A Solution to the Global Crisis
by Thomas H. Greco, Jr., 1990

Interest and Inflation Free Money
by Margrit Kennedy, 1995


Democratic Money: The Case for a Decentralized Monetary System 
by Bryn Meyer, 2001.  (Used here with permission of the author) 
Introduction & Chapter 1   |   Chapter 2   |   Chapter 3   |   Chapter 4   |   Chapter 5 & Conclusion

Money: How to Make It Happen in Your Community
by Peter North, 2010


Local Currency Resources


Community Currencies Knowledge Gateway is a new and essential information source for all things community currencies. It has been developed by the Community Currencies In Action project and contains online resources, literature, and general knowledge on community currencies.



CCDatabase - A useful global directory and data base of community and local currencies world wide. A sub-project of complentarycurrency.org



Cyclos - Open source currency accounting software developed by Strohalm.


Open Money - A project initiated by Michael Linton, creator of LETS, to build an open source platform that would interconnect local currencies world wide.



Positive Money is campaigning for the power to create money to be used in the public interest, in a democratic, transparent and accountable way, rather than by the same banks that caused the financial crisis.


Qoin introduces, implements, and manages professional Community Currencies throughout Europe. Qoin built the B£e system, used by Brixton Pound members to make electronic payments in Brixton Pounds.




RAMICS - provides a framework for the International Journal of Community Currency Research (IJCCR), biennial conferences, and the Bibliography of Community Currency Research.




reinventingmoney.com - An online resource center set up by Tom Greco, consisting mainly of Tom's own writing, the writing of E.C. Riegel, John Zube among others on the issue of "monetary transformation."


Slow Money's mission is to catalyze the flow of capital to local food systems, connecting investors to the places where they live and promoting new principles of fiduciary responsibility that “bring money back down to earth.”



STRO (Social Trade Organization) - A Dutch organization that is a leader in developing and implementing local currencies world wide.



Time Banks - Time Banks are a tool for building community. Time banks involve people on the basis of what they enjoy and can do. They provide the missing ingredient in public services - people's participation - by encouraging time givers of all ages and abilities to deposit their time and get that time back when they want some help themselves. Also visit Time Banks USA for a TimeBanks Directory as well as Start-Up Kits and other helpful information and materials


The WIR Bank, formerly the Swiss Economic Circle (GER: Wirtschaftsring-Genossenschaft), or WIR, is an independent credit and exchange system in Switzerland that serves small and medium-sized businesses. It exists as a bookkeeping system, using checks sent to the central office to facilitate transactions. The system has been in operation since the 1930s. In 2007 WIR exchange was valued at 1.6 billion Swiss Francs.



In addition, many bartering organizations have begun to develop using a method similar to time bank programing, including OurGoods and Skillshare.