- published: 08 Dec 2014
- views: 7503
In economics, a time-based currency is an alternative currency or exchange system where the unit of account/value is the person-hour or some other time unit. Some time-based currencies value everyone’s contributions equally: one hour equals one service credit. In these systems, one person volunteers to work for an hour for another person; thus, they are credited with one hour, which they can redeem for an hour of service from another volunteer. Others use time units that might be fractions of an hour (e.g. minutes, ten minutes - 6 units/hour, or 15 minutes - 4 units/hour). While most time-based exchange systems are service exchanges in that most exchange involves the provision of services that can be measured in a time unit, it is also possible to exchange goods by 'pricing' them in terms of the average national hourly wage rate (e.g. if the average hourly rate is $20/hour, then a commodity valued at $20 in the national currency would be equivalent to 1 hour).
Time banking is an alternative, time-based currency that lets you contribute a skill or talent in exchange for free services from other members of your community. At the University of Michigan Environmental Psychology Lab, we're exploring the environmental, social, and psychological benefits of time banking and many other ways to transition to a less fossil fuel-intensive "new normal".
This talk was given at a local TEDx event, produced independently of the TED Conferences. Change comes only from those who act... Valerie Miller is one of the co-founders of Mother T's, a community centre whose objective is to rebuild community, facilitate connection and tackle problems such as loneliness and isolation. The team are setting up a 'time bank’, a system of reciprocal service exchange where hours of time are used as currency. The team behind Mother T's believe it has the potential to transform the way we live our lives, putting the emphasis back on 'community'. Valerie and the Mother T's team drew inspiration from friends who recently set up a similar project, Northern Lights, in Ramsey. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TE...
Timebanking is a network of volunteers who trade their time and skills to help out their neighbours and give back to their community. Facebook: https://www.facebook.com/thefeedsbs Twitter: https://twitter.com/thefeedsbs Insta: https://instagram.com/thefeedsbs Tumblr: http://thefeedsbs.tumblr.com/
Program: + Starting and coordinating a Time Bank + Recruiting leadership + Engaging stakeholders + Engaging organizations as partners + Community justice and Time Banking + Time Banking and other complementary currencies About Dane County Time Bank: The Dane County Time Bank, established in 2005, is a network with over 2000 individuals and organizations who exchange time in order to build community, build capacity, and come together to help each other to build a better world. http://danecountytimebank.org/home Stephanie Rearick: Based in Madison, Wisconsin, Stephanie Rearick is founder and Co-Director of the Dane County TimeBank and Project Coordinator of Time For the World. In addition to her work in timebanking and promoting ground-up economic and community regeneration, Stephanie is c...
Jason Brock believes rebuilding community begins with turning over old concepts of value and nurturing our root connections. He poses the question: "How do we measure invisible worth of altruism, care and culture?" And presents an answer: Timebanking In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Good Morning America recently reported on Time Banking as a means to sustain communities through economic turmoil.
I interviewed Edgar Cahn at the 2010 US Social Forum in Detroit. Cahn is the founder of time banks, a complementary currency that creates reciprocity and builds community. Visit http://www.timebanks.org for more information and to find a local time bank. Also, I uploaded the time banking workshop that happened at the 2010 US Social Forum in Detroit to vimeo http://vimeo.com/16832346
Sutton Shares is the time bank based in the community of the London Borough of Sutton. We explain how time banking works! www.suttonshares.org.uk Put simply - every hour that you help spending someone you earn one credit hour to spend on someone helping you!
TimeBankers share their experiences and thoughts about why TimeBanking is so revolutionary
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To schedule a meeting with Tim, visit him at our 2 S. Carroll Street location on the Capitol Square, or call 608.282.6312.
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Bevis Watts, the new Managing Director of Triodos Bank UK explains his vision and how he’s leading a bank that wants to change the world for good. Sustainable banking, using money to promote positive change in society has proved to work for over 30 years. Bevis Watts is the first environmentalist to lead a UK bank. He’s had a 20-year career leading organisations that have a positive impact on the environment and society. “With the right values I believe banks can be a force for good and affect real positive systemic change in society."
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A conversation about Time Banks/Service Exchanges with the movements founder Edgar Cahn. Merrymeeting Community Shares coordinator, Donna Robinson also explains the workings of MCS and its key features. Bruce Gagnon interviews Edgar Cahn, originator of Time Banks, and Donna Robinson of Merrymeeting Community Shares in Brunswick, Maine on April 14, 2010. More info at http://www.mmcshares.org . http://www.archive.org/details/ThisIssueEdgarCahn
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This session will help you to understand Best Tricks to solve questions of TIME WORK , Best Shortcuts of TIME WORK , Previous year paper questions TIME WORK , Basic Concept of TIME WORK , Free videos on TIME WORK , TIME WORK for SSC PRE and Mains exam, Important questions of TIME WORK , how to solve questions of TIME WORK faster. This Video contains Questions on the concepts of Time and Work from the entrance exam perspective by Dinesh Miglani for students aspiring to clear MBA exams , GRE, GMAT,SSC, IBPS, AFCAT,CLAT, Elitmus DINESH MIGLANI TUTORIALS is an initiative to assist students who can not afford costly coachings or require some more time to understand the concept taught in huge size class rooms. Students who are preparing for Government Jobs SSC, Banking, IBPS, SBI,...
Recorded June 29th, 2013 in Kent, Ohio Yes, the "Father of Timebanking" and the man who coined the phrase "time dollars" believes in Kent, Ohio!!! Dr. Edgar Cahn and his wife, Dr. Christine Gray shared with us and the greater community their inspiration, dedication and commitment to helping create a more just and equitable system of exchange. They were wonderful - and totally impressed with what WE are doing here in KENT and the KENT COMMUNITY TIMEBANK!!! Thank you all - everyone who attended and those who have helped create this fabulous community!
Linda Hogan and Terry Daniels of hOur World talk about Time Banks in a presentation for PODER in San Francisco October 11, 2011. Time Banks are a way to get and receive services without total dependence on cash. Their roots reach deep into our history and saved many during the Depression of the 1930's. Time Banks are making a giant comeback- and this time may be here for good!
Recorded January 15th, 2015 Broadcast live out of Crescent City, CA on January 19th, 2015 at KFUG 101.1FM and streaming at www.kfugradio.org "Lehman" Scott Murto is Secretary of the Mid Michigan Time Bank Read Scott's writings/research, start at DailyKos, On the Need for a New Economic Paradigm http://www.dailykos.com/story/2014/05/15/1299680/-On-the-Need-for-a-New-Economic-Paradigm
No more throwaway people — Our economy doesn’t value such core activities as home care, community service, social justice activism and skill sharing. Time Banking addresses that crucial unmet need. In this session we present Time Banking as a model of economics that acknowledges the value of all people and the dignity of all work. Our panel will explore the many uses of Time Banks to create a more just society, looking forward and applying these ideas in new and more inter-connected ways that will build our impact. Edgar Cahn, founder of Time Banking, author of No More Throwaway People; Stephanie Rearick, Director of the Dane County, Wisconsin Time Bank, and Gwen Hallsmith, author, founder of Global Community Initiatives. Moderated by Linda Weil, former Time Bank coordinator
This is most of the time banking workshop I filmed at the 2010 US Social Forum in Detroit. Time Banking is a complementary currency founded by Edgar Cahn (seen in this video), to create reciprocity, build community, and connect unmet needs with unused resources. Visit www.timebanks.org *Sorry about the bad coloring. I've since learned to do proper color correction. I may upload a better version later on.
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