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The Future Of Money
''The Future of Money: Beyond Greed and Scarcity'' is a book written by Bernard Lietaer, published by Random House in 2001, and currently out of print. It was written as an overview of how money and the financial system works, the effects of modern money paradigms, especially relating to debt and interest, and how it can work to everyone's benefit to solve a wide range of problems, especially with the use of complementary currencies.Lietaer, Bernard. ''The Future of Money''. Random House, 2001. The book is meant to be written for the layperson, while bringing light to subjects that only relatively few are aware of at all levels of society. Lietaer gives examples of different currencies that have been used in the past or are being used today, and his assessment of the positive and negative effects they carry. He writes that while the modern money paradigm has both positive and negative consequences (e.g. that it induced industrialisation), these currencies can exist in ''complement' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernard Lietaer
Bernard Lietaer (7 February 1942 – 4 February 2019) was a Belgian civil engineer, economist, author, and educator. He studied monetary systems and promoted the idea that communities can benefit from creating their own local or complementary currency, which circulate parallel with national currencies. Early life Bernard Lietaer was born on 7 February 1942 in Lauwe, Belgium. He attended College of St Paul, Godinne from 1955 to 1961. He studied engineering at the Catholic University of Leuven, in Belgium, where, later in life, he held an assistant professorship of international finance. During his engineering studies, he was a member of the debating union Olivaint Conference of Belgium. After obtaining his M.Sc. in 1967, he went on to continue his studies at the MIT until 1969. Career Lietaer's post-graduate thesis, published in 1971, included a description of "floating exchanges". The Nixon Shock of that same year eradicated the Bretton Woods system by decoupling the US doll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ithaca Hour
Ithaca most commonly refers to: *Homer's Ithaca, an island featured in Homer's ''Odyssey'' *Ithaca (island), an island in Greece, possibly Homer's Ithaca *Ithaca, New York, a city, and home of Cornell University and Ithaca College Ithaca, Ithaka or Ithica may also refer to: Places Australia *Ithaca, Queensland, a neighbourhood in Brisbane **Ithaca Division, a former local government area **Shire of Ithaca, a former local government area **Town of Ithaca, a former local government area *Ithaca Creek, a creek in Brisbane *Ithaca Creek State School, Bardon, Brisbane Greece * Ithaca (polis), an ancient city United States * Ithaca, Georgia, a place in Georgia *Ithaca, Michigan *Ithaca, Nebraska *Ithaca (town), New York, a town in Tompkins County *Ithaca Pottery Site, an archaeological site in New York *Ithaca, Ohio *Ithaca, Wisconsin, a town **Ithaca (community), Wisconsin, in the town Education *Ithaca High School (Michigan) *Ithaca City School District, New York **Ithaca High ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Books
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assess ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable
Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable living). Sustainability is commonly described as having three dimensions (also called pillars): environmental, economic, and social. Many publications state that the environmental dimension (also called "planetary integrity" or "ecological integrity") is the most important, and, in everyday usage, "sustainability" is often focused on countering major environmental problems, such as climate change, Biodiversity loss, loss of biodiversity, loss of ecosystem services, land degradation, and Air pollution, air and water pollution. Humanity is now exceeding several "planetary boundaries". A closely related concept is that of sustainable development, and the terms are often used synonymously. However, UNESCO distinguishes the two thus: "''Sustainabili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Revolution
The Industrial Revolution was the transition to new manufacturing processes in Great Britain, continental Europe, and the United States, that occurred during the period from around 1760 to about 1820–1840. This transition included going from hand production methods to machines, new chemical manufacturing and iron production processes, the increasing use of steam power and water power, the development of machine tools and the rise of the mechanized factory system. Output greatly increased, and a result was an unprecedented rise in population and in the rate of population growth. Textiles were the dominant industry of the Industrial Revolution in terms of employment, value of output and capital invested. The textile industry was also the first to use modern production methods. The Industrial Revolution began in Great Britain, and many of the technological and architectural innovations were of British origin. By the mid-18th century, Britain was the world's leadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Job (role)
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an endea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employment
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an endea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terra (proposed Currency)
Terra (the Trade Reference Currency, TRC) is the name of a proposed "world currency". The concept was revived by Belgian economist and expert on monetary systems Bernard Lietaer in 2001, based on a similar proposal from the 1930s. The currency is meant to be based on a basket of the nine to twelve most important commodities (according to their importance in worldwide trade). Lietaer opines this would provide a currency that wouldn't suffer from inflation: The basic principle emerged from early concepts presented in an article in the French newspaper '' Le Fédériste'' on 1 January 1933. The idea to establish a ( en, Europe - Money of peace), was given birth. The idea was enthusiastically picked up by Lietaer during an educational journey. See also *ISO 4217 currency codes *History of money *World currency *Commodity currency *International dollar *Stelo The stelo ("star"; plural: ''steloj'') was from 1945 to 1993 a monetary unit of Esperantists, one of whose aims was t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demurrage Currency
Demurrage is the cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage is the cost of storing and securing the gold. For paper currency, it can take the form of a periodic tax, such as a stamp tax, on currency holdings. Demurrage is sometimes cited as economically advantageous, usually in the context of complementary currency systems. Theory While demurrage is a natural feature of private commodity money, it has at various times been deliberately incorporated into currency systems as a disincentive to hoard money and to achieve more efficient allocation of capital in society. In particular, for long-term investment financing, it affects the dynamics of net present value (NPV) calculations. Demurrage in a currency system reduces discount rates, and thus increases the present value of a long-term investment, and thus gives an incentive for such investments.Bernard Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frequent Flyer Miles
A frequent-flyer program (American English) or frequent-flyer programme (British English) is a loyalty program offered by an airline. Many airlines have frequent-flyer programs designed to encourage airline customers enrolled in the program to accumulate points (also called miles, kilometers, or segments) which may then be redeemed for air travel or other rewards. Points earned under FFPs may be based on the class of fare, distance flown on that airline or its partners, or the amount paid. There are other ways to earn points. For example, in recent years, more points have been earned by using co-branded credit and debit cards than by air travel. Another way to earn points is spending money at associated retail outlets, car hire companies, hotels, or other associated businesses. Points can be redeemed for air travel, other goods or services, or for increased benefits, such as travel class upgrades, airport lounge access, fast track access, or priority bookings. Frequent-flyer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LETS
A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency."LETSystems Training Pack", (1990) W.A. Government. LETS allow people to negotiate the value of their own hours or services, and to keep wealth in the locality where it is created. Similar trading systems around the world are also known as Community Exchange Systems, Mutual Credit trading systems, Clearing Circles, Trade Exchanges or Time Banks. These all use 'metric currencies' – currencies that ''measure'', as opposed to the fiat currencies used in conventional value exchange. These are all a type of alternative or complementary currency. In the 21st century, the internet-based networks haves been used to link individual ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wära
The Wära was a demurrage-charged currency used in Germany introduced in 1926 as a free economy experiment. It was introduced by Hans Timm and Helmut Rödiger, who were followers of Silvio Gesell. The Wära is comparable to current models of local currencies. Concept and function The word ''Wära'', invented by Timm and Rödiger, comes from the words ''Währung'' (currency) and ''währen'' ("to last"), in the sense of "lasting", "stable". One Wära corresponded to one Reichsmark. Wära banknotes were available in denominations of 1/2, 1, 2, 5, and 10 Wära. Each Wära banknote had a monthly demurrage fee of one percent of its nominal value. This fee could be balanced by the acquisition of demurrage stamps of 1/2, 1, 2, 5, and 10 Wära-cents (1 cent equalled 1 Reichspfennig). On the back of the Wära banknote was a series of printed fields, where the demurrage stamps could be glued onto. The idea of this measure was to place the currency under compulsory circulation. To avoid l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
