Monetary Transformation

The Politics of Money – Essential Reading  This is an amazing essay by E. C. Riegel with editorial comments by Thomas H. Greco, Jr. This is a website dedicated to providing the best freedom oriented solutions to the money problem. 

The Money Crunch: Complementary Currency Solutions, a major conference was held at Naropa University , from March 19 to March 21, 2004. 

All conference presentations are available at 

Writings by Thomas H. Greco, Jr.

Money: Understanding and Creating Alternatives to Legal Tender by Thomas H. Greco, Jr. Here's your link to the excerpted, e-book version (in PDF format) of my latest book, from Chelsea Green Publishers. This is my best, most comprehensive and up-to-date treatment of the subject so far.

New Money for Healthy Communities  The widely acclaimed how-to-do-it book on community currencies and mutual credit systems, by CIRC Director, Thomas H. Greco, Jr. Includes important concepts, pertinent history, contemporary examples, and original ideas on how to structure community exchange systems. This is the full text.

Money and Debt: A Solution to the Global Crisis  This is Thomas Greco's first book about money. It explains how and why the present monetary system is dysfunctional. Further, it outlines a general approach to solving the crisis based on private initiative and voluntary participation - an approach which is both liberative and equitable, and discusses the need to segregate the various functions that money is said to perform.

New Money:  A Creative Opportunity for Business  A published article by CIRC Director, Thomas H. Greco, Jr. Describes a private, voluntary approach to creating a global exchange system which makes money obsolete.  This article appeared in the September, 1997 issue of Perspectives, the journal of the World Business Academy.

Comment on the Wörgl Experiment with Community Currency and Demurrage An analysis and interpretation of the well-known 1930's local currency experiment in Austria.


Community Currencies, Mutual Credit, and LETS

Appropriate Economic Systems and Community Exchange in the Global South  A good source of information in various languages telling what is happening around the world. 

John Turmel's Listing of Community Currency and Exchange Systems Worldwide  An amazing compilation of hundreds of connections to exchange alternatives everywhere.

Community Currency Website Carol Brouillet's comprehensive source for addressing economic justice, corporate power, and community currencies.

Ithaca Money  Web page for the largest, most successful of the contemporary local currencies in North America.

HOUR MONEY  Bob Blain's website promoting time denominated community currencies.

Local Employment and Trading Systems (LETS)  The Home Page. A primary source for information about LETSystems and similar mutual credit "schemes."

Project LETS List  An excellent resource for finding contacts and information on LETS, Community Currencies, and Time Dollar systems, worldwide. Find a system near you or add information about your own local system.

Monetary History, Theory, and Practice

Roy Davies' Money Page  An excellent source for information about monetary theory and monetary history.

60 Years WIR Business Circle Cooperative - Origins and Ideology  Describes a long successful vintage model of a credit clearing cooperative which has been in operation since the 1930's.  Extremely relevant.

E-Cash/Journal of Internet Banking and Commerce  The latest on electronic cash and money on the internet.

The Future of Money  The changing nature of money and banking, including local currency developments.

Money Values  Wayne Visser on the human and ecological dimensions of economics and business.  Wayne is co-ordinator of the South African New Economics (SANE) Network.