What can governments do to address the banking crisis, remedy unemployment, poverty and ecological threats, and create conditions for sustainable abundance?


How can time-tested currency innovations such as mutual credit systems help businesses of all sizes deal with cash flow shortages and monetary instability?


What can communities do to leverage their untapped wealth and connect resources that would otherwise remain unused with needs that would otherwise remain unmet?


What can scientific and academic research tell us about how to design and implement more effective and resilient monetary systems?

Currency Proposals

What types of complementary currencies could help us overcome current obstacles to the flourishing of our educational, energy, commercial, and other systems?

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Articles in Articles & Papers

“Hard decisions needed to stop this runaway train” by Alison O’Connor, Irish Independent (Bernard Lietaer quoted)

August 23, 2011 – 10:01 am |

You don’t need a degree in economics — in fact you don’t even need to be numerate — to realise that the European Union is making a dog’s dinner of the economic crisis.
Ignore the financial …

Our Monetary Blind Spot

July 19, 2010 – 12:36 pm | One Comment

This paper discusses several reasons why we are unable to see the nature and impact of our current monetary system on our behaviors and relationships.
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Is Our Monetary Structure a Systemic Cause for Financial Instability? Evidence and Remedies from Nature (April 2010)

May 19, 2010 – 11:29 pm |

Abstract — Fundamental laws govern all complex flow systems, including natural ecosystems, economic and financial systems. Natural ecosystems are practical exemplars of sustainability: enduring, vital, adaptive. The sustainability of any complex flow system can be …

Quantifying Economic Sustainability: Implications for Free-Enterprise Theory, Policy, and Practice

February 22, 2010 – 12:09 am |

“Quantifying Economic Sustainability: Implications for Free-Enterprise Theory, Policy, and Practice.” Co-authored with Sally J. Goerner and Robert E. Ulanowicz, in Ecological Economics, Vol. 69, n. 1, December 15, 2009
Important Copyright Note: you are welcome to …

Quantifying Sustainability: Resilience, Efficiency and the Return of Information Theory.

February 8, 2010 – 2:36 pm |

“Quantifying Sustainability: Resilience, Efficiency and the Return of Information Theory.”  Co-authored by Bernard Lietaer, Robert E. Ulanowicz, Sally J. Goerner, and Rocio Gomez.  Published in Ecological Complexity, Vol. 6, Issue 1, March 2009. Important Copyright …

Managing the Banking Crisis

February 4, 2010 – 1:33 am |

In this article, Bernard Lietaer, Robert Ulanowicz and Sally Goerner discuss the shortcomings of conventional approaches to managing banking crises (i.e. nationalization of problem assets), and they explain why these typically fail to address systemic …

Commercial Credit Circuit (C3): A Financial Innovation to Structurally Address Unemployment

January 30, 2010 – 11:01 pm |

This paper explains how mutual credit systems can help small and medium-size businesses face the current banking and economic crisis and deal with the problem of cash flow shortage.   Businesses can take an initiative to …

“Natural Savings: How to Save Forests with Savings for and by the Poor?”

January 26, 2010 – 1:50 pm | One Comment

“Natural Savings: A New Microsavings Product for Inflationary Environments. How to Save Forests with Savings for and by the Poor?” Co-authored by Bernard Lietaer and Marek Hudon (Centre Emile Bernheim, Solvay Business School, Brussels).   …

The Saber: A Currency for the Educational Sector

January 22, 2010 – 7:37 am |

The Saber is the complementary education currency proposed by Bernard Lietaer to help Brazilian schools provide greater educational opportunities despite the lack of available funds.   The educational vouchers are designed to set in motion a …

Complementary Currency Innovation: Self-guarantee in Peer-to-Peer Currencies

January 19, 2010 – 1:16 pm |

The WAT system, as used in Japan, allows for businesses to issue their own tickets (IOU’s) which can circulate as a complementary currency within a community.  In this paper, Bernard Lietaer and Mitra Ardron propose …