To understand why the introduction of complementary local currencies is essential to community revitalization and sustainable development, it is critical to first understand the monetary underpinnings of...
Our modern monetary systems share in common the fact that they consist of a nationwide, government-enforced monopoly of a single type of currency, created by banks through loans attached to positive...
These days more and more people are becoming aware of cryptocurrency to the point where the concept has solidified itself in the public conscience. Even if a large percentage of people have no idea how...
Abstract – It is generally accepted that massive tourism and a vibrant indigenous culture are mutually exclusive. Bali has so far proven to be an exception to this rule. This article explores a hitherto...
Bernard Lietaer gives talks and seminars all around the world to a wide range of audiences including government officials, business alliances, multinational corporations, think tanks, and community...
Bernard Lietaer gives talks and seminars all around the world to a wide range of audiences, including: governments looking for solutions against inflation, unemployment, and financial crises;...
Abstract — Fundamental laws govern all complex flow systems, including natural ecosystems, economic and financial systems. Natural ecosystems are practical exemplars of sustainability: enduring, vital,...
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...
Contrary to popular belief, governments do not create money in our current system. As a matter of fact, whenever the revenues generated by taxes are inferior to their outlays, governments have to borrow...