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Complementary currencies: History, theory, prospects

Mark S Peacock

Local Economy, 2014, vol. 29, issue 6-7, 708-722

Abstract: This essay examines the history and theory of complementary currencies before considering the prospects for increasing their current scope to become significant economic entities through which people – particularly those marginalised in, or excluded from, the formal economy – can secure their livelihood. A model of tax-driven money, based on the tax anticipation schemes of the 1930s is proposed.

Keywords: complementary currencies; Irving Fisher; Silvio Gesell; tax anticipation scrip; tax-driven money (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:29:y:2014:i:6-7:p:708-722

DOI: 10.1177/0269094214553174

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