In many communities around the U.S. and other parts of the world, residents are using a form of currency to expand the wealth of its participants. Below is a reference to a story of Paul Glover, the founder of the Ithaca, N.Y. community currency “Hours.”

Glover set the system up so that the “Hours” currency could only be used in Ithaca, thereby improving the city’s economic flow and encouraging participants to put their faith in each other rather than the almighty dollar. For more on this fascinating story see: Hours

BarterNews has an extensive “Community Barter” Section that’s listed under “Barter Categories” see: COMMUNITY

This entry was posted on Thursday, February 14th, 2008 at 1:51 pm and is filed under Entrepreneurs & Small Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.