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Time Banking, Created by Prof. Cahn, Featured in The Winnipeg Free Press

Monday, June 3, 2013   (0 Comments)
Posted by: Max Rodriguez
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Time banking, created by Professor Edgar Cahn, was featured in the Winnipeg Free Press.

"Time banks have a core principle that all hours are equal, and it gives people who may not be regarded as having marketable skills something to contribute as much as those who do have marketable skills."

Unlike other alternative currencies, time-bank dollars don't mirror market pricing.

"What makes time-banking different is it's not trying to expand the monetary economy in that sense," Cahn says.

Edgar Cahn

Instead, time banks aim to build an economy around community -- families, neighbourhoods and civil society -- where the elderly, children, the disabled and unemployed can contribute.

Time-bankers list their skills -- whether it's shovelling walks, raking leaves, walking dogs or providing care -- and they earn time dollars that can be traded for other services and even goods.

Read more in the Winnipeg Free Press, "Differing dollars"

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