Prof. Edgar Cahn Quoted in The Charleston Gazette on TimeBanks

Professor Edgar Cahn, a Distinguished Professor of Law and founder of TimeBanks, was quoted about time banks in an op-ed in The Charleston Gazette. Prof. Cahn says, "The Time Dollar currency, which consists of service credits, enables human beings to redefine themselves as assets, each and every one with something special to contribute -- regardless of what the market economy says. When all hours are valued equally, when the tasks are essentially those which families and neighbors have always done for each other, and when the obligation to repay is backed by a moral norm of reciprocity rather than a legal norm of coercion, then one is outside the market economy and outside the constraints of feasibility imposed by market wages and the availability of tax dollars for the building of social capital."