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TEDxLeiden - The power of complementary community currencies

Edgar Kampers talks about the potential of complementary community currencies TEDxLeiden - The power of complementary community currencies.

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Local Currencies, Local Investment, and the Emerging New Economy
Local currencies and the emerging new economy
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A New Paradigm in Economic Thinking - Principled Societies Project

A New Paradigm in Economic Thinking - Principled Societies Project | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Communities worldwide want economies that are stronger, greener, fairer, more resilient, and more diverse. Jobs must be created, climate change Continue Reading →
John Boik's insight:

A free PDF of the book can be downloaded at our website.  Be sure to sign up for the newsletter.

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Partnership to Explore New Funding Sources for Innovators | European Social Innovation Research

Partnership to Explore New Funding Sources for Innovators | European Social Innovation Research | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
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This article by Dr. Georg Mildenberger discusses how the LEDDA framework could help fund innovators.

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Why Local Currencies Could Be On The Rise In The U.S. -- And Why It Matters

Why Local Currencies Could Be On The Rise In The U.S. -- And Why It Matters | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
California recently passed an amendment to make the use of alternative currencies easier, and New York may soon make a similar move. Don’t make the mistake of assuming this matters only to hippies.
John Boik's insight:

“If we look at our national monetary system, over 95% of money in circulation is issued by private, for-profit banks as debt. The vast majority enters the economy through the housing and financial centers; that is, not into productive sectors, like manufacturing and food production—the things that are actually meeting people’s daily needs."

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First-in-Class Simulation Model Illustrates Economic Democracy, End of Poverty | International Business News | Online Business News - International Business Times

First-in-Class Simulation Model Illustrates Economic Democracy, End of Poverty | International Business News | Online Business News - International Business Times | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
The International Business Times is the leading provider of international business news online.
John Boik's insight:

"First-in-Class Simulation Model Illustrates Economic Democracy, End of Poverty," is a story about our computer model of currency flows in a LEDDA county-level economy, published Oct 14 in the International Journal of Community Currency Research.

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Modeling Dollar and Community Currency Flows in a Virtual US County Using Python - YouTube

John Boik http://www.pyvideo.org/video/3203/modeling-dollar-and-community-currency-flows-in-a http://www.pytexas.org/2014/talks/40/ John Boik is the author o...
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A video of my PyTexas 2014 talk on Oct. 5. I provide a broad overview of the LEDDA framework and partnership, and discuss some details of the simulation model.

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Hullcoin: The World's First Local Government Cryptocurrency?

Hullcoin: The World's First Local Government Cryptocurrency? | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
David Gilson reports on the very first UK local government operated cryptocurrency, HullCoin.
John Boik's insight:

"...first time a UK local government has adopted the use of cryptocurrency"

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Crypto 2.0 Roundup: Bitcoin's Revolution Moves Beyond Currency - CoinDesk

CoinDesk
Crypto 2.0 Roundup: Bitcoin's Revolution Moves Beyond Currency
CoinDesk
A community of developers and entrepreneurs recognize this notion and have been busy building out many crypto 2.0 concepts.
John Boik's insight:

Bitcoin blockchains---not just for currency. Fully decentralized Internet, cloud storage, virtual contracts and more could be coming soon.

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Nigeria vs SA in flawed GDP battle

Nigeria vs SA in flawed GDP battle | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Gross domestic product is a powerful political tool — but it hides more than it reveals.
John Boik's insight:

Lorenzo Fioramonti is the director of the Centre for the Study of Governance Innovation, University of Pretoria, and author of Gross Domestic Problem: The Politics Behind the World's Most Powerful Number. He also wrote the Foreword to my book Economic Direct Democracy.

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India pins hopes on smart cities - BBC News

India pins hopes on smart cities - BBC News | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
BBC News
India pins hopes on smart cities
BBC News
In its first budget, unveiled last month, it announced plans to spend $1.13bn (£690m) on building 100 "smart cities".
John Boik's insight:

A smart-LEDDA program is included in the strategic plan for the global LEDDA partnership.

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Complementary Currencies - Summary by UK Houses of Parliament

Complementary Currencies - Summary by UK Houses of Parliament | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
This POSTnote outlines the different types and aims of these currencies. It also sets out how alternative currencies are being used and highlights regulatory... ("Local..
John Boik's insight:

A summary of local/complementary/alternative currencies by the UK Parliamentary Office of Science and Technology

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Bitcoin - good for who?

Bitcoin - good for who? | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Those already in power are benefiting most from the digital currency (#Bitcoin - a complementary currency but who is reaping its benefits?
John Boik's insight:

Bitcoin is built upon innovative technology, and that alone has value. But it is worthwhile to question who in society has benefited the most.

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Part 2: Legal Basics for Complementary Currencies - YouTube

Part 1 is at this link: http://youtu.be/E0rMzGMXnwo Part 2 addresses these topics: - Bank Secrecy Act - State money transmission regulations - Securities law...
John Boik's insight:


Part 2 in the helpful video series on legal aspects of local currencies, from the Sustainable Economies Law Center

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Ecuador: The First Nation to Create its own Digital Currency - CryptoCoinsNews

Ecuador: The First Nation to Create its own Digital Currency - CryptoCoinsNews | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
CryptoCoinsNews
Ecuador: The First Nation to Create its own Digital Currency
CryptoCoinsNews
This community-based model of development has several benefits.
John Boik's insight:

As the author points out, "With global central banking in trouble, Ecuador’s decision could not have been made on a whim and, in all likelihood, is not intended to maintain the global economic status quo."

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Our Emotional Attachment to Local Currencies

Our Emotional Attachment to Local Currencies | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
How we pay is a part of who we are.
John Boik's insight:

It's wonderful to see the Harvard Business Review writing about local currencies.

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Do we dare to question economic growth?

Do we dare to question economic growth? | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Warwick Smith: We’ve all been so effectively sold the line that endless growth is essential to maintain and improve our quality of life. This couldn’t be further from the truth
John Boik's insight:

"The endless pursuit of economic growth is making us unhappy and risks destroying the Earth’s capacity to sustain us."

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Competing with Capitalism to Maximize Well-Being

Competing with Capitalism to Maximize Well-Being | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Capitalism is taking on water and a new vessel is needed, but even if a rescue ship were to approach, there would be no jumping onto it.
John Boik's insight:

Article by Fioramonti and Boik in TruthOut announcing LEDDA Partnership

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Global Partnership to Create Competitor to Capitalism | Financial Content | The Kansas City Star & KansasCity.com

Global Partnership to Create Competitor to Capitalism | Financial Content | The Kansas City Star & KansasCity.com | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

This article announces the formation of the LEDDA Partnership. The 10-Year Strategic Plan is available at http://bit.ly/1wGlSPf

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Reimagining Capitalism: Bold Ideas for a New Economy

Reimagining Capitalism: Bold Ideas for a New Economy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
True economic recovery will require creative solutions to deeply rooted problems. Our first great task is to change the way we talk about what's possible.
John Boik's insight:

Ideas from a 2011 article on how to transform capitalism.

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Power Plants In Europe Could Go Extinct After 2020, Investment Bank Says - ThinkProgress

Power Plants In Europe Could Go Extinct After 2020, Investment Bank Says - ThinkProgress | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
ThinkProgress Power Plants In Europe Could Go Extinct After 2020, Investment Bank Says ThinkProgress The analysis also suggests that for utilities to survive in this new world, they'll need to focus on providing smart distribution networks to...
John Boik's insight:

“Not all [power plants] will have disappeared by 2025,” the report concedes, “but we would be bold enough to say that most of those plants retiring in the future will not be replaced.”

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The next American Revolution? | City Growth Commission

The next American Revolution? | City Growth Commission | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

"[It] is US city governments, many burdened with their own challenges and pressures, that are surging to the front line to attempt to tackle major issues." LEDDA framework could provide a powerful tool.

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David Week's curator insight, August 23, 8:59 PM

Again, the message here is that the economies of the future are urban economies; the problems are urban problems; the opportunities are urban opportunities; federal and state forms of governance are increasingly deadlocked, downsizing or ineffective. The future of governance lies with the mayors of the world.

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Climate change will widen the social and health gap

Climate change will widen the social and health gap | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Climate projections suggest that, thanks to human activity, we will likely see an increase in extreme weather events, disruptions to agriculture, loss of livelihoods and displacement of people.
John Boik's insight:

Climate change could exacerbate income inequality and produce greatest impacts on low-income earners. 

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LEDDA economic direct democracy framework for urban climate action, resilience - Urban Resilience: Climate Actions for Urban Areas - Climate CoLab

LEDDA economic direct democracy framework for urban climate action, resilience - Urban Resilience: Climate Actions for Urban Areas - Climate CoLab | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
LEDDA framework helps urban areas raise funds for climate action, democratize funding choices, and build resilient economies.. Enter one of 18 contests on what to do about climate change. Comment, collaborate, share, submit your ideas!
John Boik's insight:

Our proposal for the LEDDA framework as a means to raise funds for climate change action has advanced to the semi-finals in the MIT Climate CoLab competition.

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David Week's curator insight, August 17, 8:41 PM

An interesting project. Let's see where it goes. In the meantime: contribute ideas.

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From 'Front-Lines of Climate Crisis,' Gathering Calls for New Economy

From 'Front-Lines of Climate Crisis,' Gathering Calls for New Economy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
"Power without pollution. Communities united for a just transition." That is the theme of an international gathering that kicked off Wednesday in Richmond, California, bringing together hundreds of people on the front-lines in the fight against...
John Boik's insight:

More efforts toward a just transition to a just and sustainable economy.

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​How the wealth gap is damaging the U.S. economy

​How the wealth gap is damaging the U.S. economy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
S&P warns that America is nearing an extreme level of inequality that will hurt long-term growth (How the wealth gap is damaging the U.S.
John Boik's insight:

The LEDDA framework is designed to increase family incomes, and in the process make them more equal.

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If We Release a Small Fraction of Arctic Carbon, 'We're Fucked': Climatologist

If We Release a Small Fraction of Arctic Carbon, 'We're Fucked': Climatologist | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Dr. Jason Box knows the Arctic, he knows climate change, and he knows how to pull no punches when engaging the public.
John Boik's insight:

Unexpected mega flare of methane bubbling up from arctic ocean floor. Could be catastrophic if it continues.

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Part 1: Legal Basics for Complementary Currencies

Part 2 is coming soon! Part 1 addresses: - Laws prohibiting complementary currencies - Laws limiting the form of currencies - Currencies and the US Constitution - Paying employees with complementa...
John Boik's insight:

Helpful video on legal aspects of local currencies from the Sustainable Economies Law Center

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