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Local Currencies
In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations. A regional currency is a form of local currency encompassing a larger geographical area, while a community currency might be local or be used for exchange within an online community. A local currency acts as a complementary currency to a national currency, rather than replacing it, and aims to encourage spending within a local community, especially with locally owned businesses. Such currencies may not be backed by a national government nor be legal tender. About 300 complementary currencies, including local currencies, are listed in the Complementary Currency Resource Center worldwide database. Terminology Some definitions: * Complementary currency – is used as a complement to a national currency, as a medium of exchange, which is usually not legal tender. * Community currency – a complementary currency used by a group with a common bond, such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lietaer, Bernard
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 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 dol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clone Town
Clone town is a term for a town where the High Street or other major shopping areas are significantly dominated by chain stores, thus making that town indistinct from other town centres. The term was coined by the New Economics Foundation (NEF), a British think tank, in the 2004 report on "Clone Town Britain". The report further elaborates the definition as follows: 'Clone towns' occur where 'the individuality of high street shops has been replaced by a monochrome strip of global and national chains' as opposed to 'Home Town' which is a 'place that retains its character and is individually recognizable and distinct to the people who live there, as well as those who visit'. A survey conducted by the NEF in 2005 estimated that 41% of towns in the UK and 48% of London villages could be considered clone towns, with the trend rising. Alternatively, clone town can also be looked upon as a stage of growth of retail market i.e. from out of town retail parks and shopping centers to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Change
Present-day climate change includes both global warming—the ongoing increase in Global surface temperature, global average temperature—and its wider effects on Earth's climate system. Climate variability and change, Climate change in a broader sense also includes previous long-term changes to Earth's climate. The current rise in global temperatures is Scientific consensus on climate change, driven by human activities, especially fossil fuel burning since the Industrial Revolution. Fossil fuel use, Deforestation and climate change, deforestation, and some Greenhouse gas emissions from agriculture, agricultural and Environmental impact of concrete, industrial practices release greenhouse gases. These gases greenhouse effect, absorb some of the heat that the Earth Thermal radiation, radiates after it warms from sunlight, warming the lower atmosphere. Carbon dioxide, the primary gas driving global warming, Carbon dioxide in Earth's atmosphere, has increased in concentratio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peak Oil
Peak oil is the point when global oil production reaches its maximum rate, after which it will begin to decline irreversibly. The main concern is that global transportation relies heavily on gasoline and diesel. Adoption of electric vehicles, biofuels, or more efficient transport (like trains and waterways) could help reduce oil demand. Peak oil relates closely to oil depletion; while petroleum reserves are finite, the key issue is the economic viability of extraction at current prices. Initially, it was believed that oil production would decline due to reserve depletion, but a new theory suggests that reduced oil demand could lower prices, affecting extraction costs. Demand may also decline due to persistent high prices. Over the last century, many predictions of peak oil timing have been made, often later proven incorrect due to increased extraction rates. M. King Hubbert introduced the concept in a 1956 paper, predicting U.S. production would peak between 1965 and 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salt Spring Dollar
The Salt Spring Dollar is a local currency issued by the Salt Spring Island Monetary Foundation to promote local history, art and goodwill on Salt Spring Island, British Columbia, Canada. History Roundtable discussions of the Sustainable Salt Spring Island Coalition examined the possible establishment of a local currency in the fall of 2000. In July 2001, the Salt Spring Island Monetary Foundation was established and registered with the Province of British Columbia. The currency was first issued in September 2001. In 2006, the Spring Island Monetary Foundation began planning their first silver coin edition. The first coins were minted and issued in December 2007. Currency Bills were, and still are, issued in , , , , , , and denominations. Each bears the image of a distinct figure from Salt Spring history, such as Henry Wright Bullock ($$1 bill), Matilda Naukana Harris ($$2 bill), and Sylvia Stark ($$5 bill). Along with the figure is a quote by Albert Einstein: "How I wish tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BerkShares
BerkShares is a local currency that circulates in The Berkshires region of Massachusetts. It was launched on September 29, 2006 by BerkShares Inc., with research and development assistance from the Schumacher Center for a New Economics. The BerkShares website lists around 400 businesses in Berkshire County that accept the currency. Since launch, over 10 million BerkShares have been issued from participating branch offices of local banks (as of February 2020, nine branches of three different banks). The bills were designed by John Isaacs and were printed by Excelsior Printing on special paper with incorporated security features from Crane & Co. BerkShares are pegged with an exchange rate to the US dollar, but the Schumacher Center has discussed the possibility of pegging its value to a basket of local goods in order to insulate the local economy against volatility in the US economy. Use BerkShares are a local currency designed and issued for the Berkshire region of Massachusett ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brixton
Brixton is an area of South London, part of the London Borough of Lambeth, England. The area is identified in the London Plan as one of 35 major centres in Greater London. Brixton experienced a rapid rise in population during the 19th century as communications with central London improved. Brixton is mainly residential, though includes Brixton Market and a substantial retail sector. It is a multi-ethnic community, with a large percentage of its population of British African-Caribbean community, Afro-Caribbean descent. It lies within Inner London and is bordered by Stockwell, Clapham, Streatham, Camberwell, Tulse Hill, Balham and Herne Hill. The district houses the main offices of Lambeth London Borough Council. Brixton is south-southeast from the geographical centre of London (measuring to a point near Brixton tube station, Brixton Underground station on the Victoria line). History Toponymy The name Brixton is thought to originate from , meaning the stone of Brixi, a Saxo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salt Spring Island Dollar - One Dollar
In common usage, salt is a mineral composed primarily of sodium chloride (NaCl). When used in food, especially in granulated form, it is more formally called table salt. In the form of a natural crystalline mineral, salt is also known as rock salt or halite. Salt is essential for life in general (being the source of the essential dietary minerals sodium and chlorine), and saltiness is one of the basic human tastes. Salt is one of the oldest and most ubiquitous food seasonings, and is known to uniformly improve the taste perception of food. Salting, brining, and pickling are ancient and important methods of food preservation. Some of the earliest evidence of salt processing dates to around 6000 BC, when people living in the area of present-day Romania boiled spring water to extract salts; a salt works in China dates to approximately the same period. Salt was prized by the ancient Hebrews, Greeks, Romans, Byzantines, Hittites, Egyptians, and Indians. Salt became an impor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transition Towns
The terms transition town, transition initiative and transition model refer to grassroot community projects that aim to increase self-sufficiency to reduce the potential effects of peak oil, climate destruction, and economic instability through renewed localization strategies, especially around food production and energy usage. In 2005, the founding of Transition Town Totnes in the United Kingdom became an inspiration for other groups to form. The Transition Network charity was founded in early 2007, to support these projects. A number of the groups are officially registered with the Transition Network. Transition initiatives have been started in locations around the world, with many located in the United Kingdom and others in Europe, North America and Australia. While the aims remain the same, Transition initiatives' solutions are specific depending on the characteristics of the local area. Etymology The term, "transition town" was coined by Louise Rooney and Catherine Dunne. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
QQ Coins
Tencent QQ (), also known as QQ, is an instant messaging software service and web portal developed by the Mainland Chinese technology company Tencent. QQ offers services that provide online social games, music, shopping, microblogging, movies, and group and voice chat software. As of March 2023, there were 597 million monthly active QQ accounts. History Tencent QQ was first released in China in February 1999 under the name of OICQ ("Open ICQ", a reference to the early IM service ICQ). After the threat of a trademark infringement lawsuit by the AOL-owned ICQ, the product's name was changed to QQ (with "Q" and "QQ" used to imply "cute"). The software inherited existing functions from ICQ, and additional features such as software skins, people's images, and emoticons. QQ was first released as a " network paging" real-time communications service. Other features were later added, such as chatrooms, games, personal avatars (similar to "Meego" in MSN), online storage, and Int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fureai Kippu
Fureai kippu ( Japanese: ふれあい切符 lit. "caring relationship ticket") is a Japanese sectoral currency created in 1995 by the Sawayaka Welfare Foundation so that people could earn credits helping seniors in their community. The basic unit of account is an hour of service to an elderly person. Sometimes seniors help each other and earn the credits, other times family members in other communities earn credits and transfer them to their parents who live elsewhere. For example, an elderly woman who no longer has a driver’s license; if you shop for her, you get credit for that, based on the kind of service and the number of hours. These credits accumulate- users may keep them for when they become sick or elderly themselves, then use the credits in exchange for services. Alternatively, the users may transfer credits to someone else. A surprising part of the project has been that the elderly tend to prefer the services provided by people paid in Fureai Kippu over those pai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
