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Topic: Time Dollars

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	Time-based currency - Wikipedia, the free encyclopedia
		Time Dollars are created via mutual credit: Each transaction is recorded as a corresponding credit and debit in the accounts of the participants.
		For that reason, the Time Dollars model works best in very narrowly defined communities (retirement homes, for example), where everyone's time, skill, experience, and effort is regarded as equal.
		Time Dollars thus recognize and encourage reciprocal community service, resist inflation without encouraging hoarding, and are in sufficient supply, which enables trade and cooperation among participants.
	en.wikipedia.org /wiki/Time-based_currency (277 words)

	Time Dollars Main (Site not responding. Last check: 2007-10-26)
		Time Dollars have a social justice dimension, too.
		Time Dollars are a time-based currency where one hour helping another earns one Time Dollar.
		The IRS has issued three local rulings that Time Dollars are tax exempt and have given three reasons for this status.
	www.timedollar.org /time_dollars_main.htm (189 words)

	ZNet \| Corporate Globalization \| Time Banking Conference
		It's a "time banking" economy that uses "time dollars" as its currency and is based on the reality of human interdependence, rather than the myth of rugged individualism that barely holds together the so-called free-market order.
		Valued exchange in "time banking" is measured in "time dollars," which are a tax-exempt form of money that anyone can access with their time, energy and special (not necessarily "specialized") skills, such as lawn mowing, babysitting or woodworking.
		In her studied view, Weissner added, time banking is not only crucial for peaceful human societies; it is also vital in terms of environmental health of the planet, given the ecological destruction wrought in the wake of market-driven forces.
	www.zmag.org /content/print_article.cfm?itemID=6223§ionID=13 (2487 words)

	David Boyle's Funny Money
		Time dollars have been adapted more recently by Dr Cahn so that they can be earned by young people as well, often in the poorest neighbourhoods, where volunteering has no successful track record.
		Time dollar earnings are not money, according to the IRS: they fall into the same category of social exchange as local baby-sitting or giving a cup of sugar to your next door neighbour.
		These are all ways in which time dollars have been used to involve people in their neighbourhoods and carry out the 'real' work that badly needs doing and build the social capital that neighbourhoods depend on.
	ourworld.compuserve.com /homepages/dcboyle/time.html (5793 words)

	Time Dollars
		Time Dollars enable human beings for whom the market economy has no use to redefine themselves as contributors, and they give society a way to value activities the market economy does not.
		Time Dollars reinforce reciprocity and trust, and they reward civic engagement and acts of decency in a way that generates social capital, one hour at a time.
		Time Dollars are a mechanism for rewarding that reciprocity and converting that contribution into compensated labor.
	www.islandcounty.net /health/time_dollars.htm (1858 words)

	Welcome to the Time-Exchange Network! (Site not responding. Last check: 2007-10-26)
		Time Dollars are a tax-exempt kind of "complementary" currency that empower people to convert their personal time into purchasing power by helping others and by rebuilding family, neighborhood and community.
		Time Dollars can be used by communities, individuals, organizations, or agencies to recognize and reward doing the right thing for others.
		Time Dollars have been called a "currency of caring" because they make it possible for people who receive help to give back to others.
	www.time-exchange.net (460 words)

	Short Circuit - Time Dollars: The Dollar that does not want to be Money
		Time Dollars are earned by providing care for other people and can only be spent on buying similar care for oneself or for one's relatives and friends.
		Time Dollars are a hybrid of the psychological rewards of volunteering and of payment.
		Since Time Dollars and LETS have different objectives, one primarily social, one more heavily economic, there is no conflict or incompatibility between them and many communities ought to seek to establish both, particularly as those becoming involved in each will tend to differ.
	www.feasta.org /documents/shortcircuit/sc3/timedollars.html (2850 words)

	Unleashing Our Hidden Wealth by Edgar Cahn- Time Dollars and tutoring
		One such currency is Time Dollars, which I created in 1980 as a tax-exempt medium of exchange that rewards sinking roots, staying in place, accepting responsibility, building community, maintaining family.
		One mother told me that the only time she had been to the school before the Time Dollar program was to get bad reports on her child’s performance.
		They wanted those Time Dollars to be a kind of legacy so that the younger brother could finish earning the computer by building on the Time Dollars his older brother had earned.
	www.futurenet.org /article.asp?ID=524 (2023 words)

	Time Dollar Programs (Site not responding. Last check: 2007-10-26)
		Time Dollars is a community-based service program that utilizes the timeless concept of bartering, but without the bargaining.
		Spending their Time Dollars on things like Bingo games, goods donated by local businesses such as shoes and bread, and other services, residents of the housing project are developing a caring community amongst a typically crime-ridden residence.
		Time Bank works like a savings account: able-bodied pensioners volunteer their time to care for other elderly people in need, and the hours they work are recorded.
	theearthcenter.com /ff46spotlight.html (1117 words)

	C:\web\PSYPLAN\PBL\back issues\PBL Aries97.html
		This energy of new growth and nurturing is an excellent time for citizens around the world to use this wonderful medium of cyberspace to organize and empower themselves and their communities.
		Time dollars are completely egalitarian - no distinctions are made on the basis of education, experience or any other arbitrary criterion.
		Ideally, a time dollars program should be designed and developed by members of the community it is designed to serve.
	www.psyplan.com /pbl/pbl-aries97.html (1663 words)

	SB1021 (Site not responding. Last check: 2007-10-26)
		Alternatively, Time Dollars can be donated to or earned on behalf of others, such as in the case of an elderly or disabled person who is unable to perform services.
		Time Dollars are typically used to trade the kind of favors that members of families and communities have traditionally lent and owed, such as transportation, respite care, home repairs, grocery shopping, and child care.
		However, key to the success of a Time Dollar program in Hawaii is providing technical expertise and training in developing a Time Dollar system for administrators and stakeholders, and providing funding for a minimum of three years to allow the program sufficient time to be properly developed and established.
	www.capitol.hawaii.gov /sessioncurrent/bills/sb1021_.htm (843 words)

	Time bank connects neighbors, skills (Site not responding. Last check: 2007-10-26)
		Blais is one of 1,200 members of the Maine Time Dollar Network, which is evolving into the New England Time Banks and serves as a clearinghouse for those who are interested in helping others and receiving something in return, without an exchange of cash or credit cards.
		The national Time Dollar USA organization will rely on the Maine and New England staff to help other communities and regions set up their own systems, he said.
		Time dollars are a great concept, and I am so thrilled to see the article in today's paper.
	business.mainetoday.com /news/041214timedollar.shtml (1350 words)

	Welcome to TBUK (Site not responding. Last check: 2007-10-26)
		Time Banks UK is the national umbrella charity linking and supporting time banks across the country by providing inspiration, guidance and practical help.
		Time banks are a way to link people locally to share their time and skills.
		So far, there are over 70 active time banks with the same number in development, involving over 4,000 participants across the UK who have traded over 210,000 hours.
	www.timebanks.co.uk (232 words)

	Living Economies, Aotearoa/New Zealand : TimeDollars (Site not responding. Last check: 2007-10-26)
		Time dollars turns time into buying power and, unlike LETS (local exchange trading systems, or green dollars) there is no emphasis on the credits being spent.
		Good ideas are seldom restricted to one time and one place, so it is not surprising that shortly after Edgar Cahn had developed Time Dollars in USA after a conversation at the London School of Economics, Mr Hotta developed a similar concept independently in Japan.
		His scheme is now probably the biggest time dollar scheme in the world, the Japanese Health Care Currency, or Hureai Kippu, which evolved when it became apparent that the growing elderly population could not be adequately cared for with government revenue.
	www.stable-money.com /tiki-index.php?page=TimeDollars (895 words)

	IJCCR Vol 5 Edgar S Cahn (Site not responding. Last check: 2007-10-26)
		Time Dollars’ financial support comes from this capacity to generate social capital (by mobilizing consumer input, client input, student input, patient input, tenant input, community input, citizen input) on a sustained basis and on the scale.
		The challenge for Time Dollars is to find ways to enable contribution in the Core Economy to enable one to secure access to goods and services produced in the other economies: the local economy and the global economy.
		Time Dollars and LETS proponents could work together to encourage the development of dual pricing so that producers and consumers could elect, for any transaction, which currency they chose to use.
	www.le.ac.uk /ulmc/ijccr/vol4-6/5no2.htm (2018 words)

	CASA Article
		Some options for earning time dollars (also known as service credits or time-banking) include studying English, coaching soccer, volunteering at church, babysitting, learning how to become a lobbyist or even working on their own cases.
		A concept created by a Washington, D.C., law professor, time dollars are a medium of exchange that rewards altruism and lets people frequently regarded as “useless” by the traditional economy help fill social needs by, for example, walking an elderly person’s dog, learning their rights, attending health and housing programs and other community-building activities.
		In legal programs at CASA and in California, time dollars are providing a new approach to the way clients and attorneys interact — and, according to the man who thought it all up, not a moment too soon.
	www.casademaryland.org /press/Timedollars.htm (1326 words)

	BHA (Site not responding. Last check: 2007-10-26)
		Time Dollars are a new, tax-exempt kind of money that empowers people to convert their personal time into purchasing power by helping others and by rebuilding family, neighborhood and community.
		Time Dollars are a tool to recognize, validate and reward doing "the right thing" for others.
		The Time Dollars you earn helping others can be used to receive services or help from someone else.
	www.bradentonhousing.org /CSS-TD.html (405 words)

	TimeDollars (Site not responding. Last check: 2007-10-26)
		In Washington D.C., a Time Dollar Youth Court brings juvenile first offenders charged with non-violent offenses before a jury of teenagers who earn Time Dollars for their service.
		Time Dollar fees could be charged for a range of professional services offered in communities: mental and physical health, legal services, etc.
		Tuition fees or equipment fees for the use of computers could be charged in Time Dollars; students could be permitted to convert loans into Time Dollar loans; adjunct faculty and guest lecturers could receive compensation in Time Dollars coupled with faculty privileges.
	www.pioneernet.net /chab/timedollars.htm (1849 words)

	U.S. IRS exempts Time Dollars
		Examining Time Dollars through the exacting lens of federal tax law, the IRS lawyers saw some crucial deferences between these and ordinary money that might elude the more casual mind.
		The ruling that declared that these exchanges were not commercial barter implicitly recognized a distinction between the market and the nonmarket economy, with the important corollary that exchanges in the nonmarket economy are beyond the scope of the federal income tax laws.
		The possibility remains that as Time Dollar systems expand, and as the IRS feels continuing pressure to increase federal revenues to avert the need to raise tax rates, the agency could have a change of heart.
	www.cyberclass.net /turmel/usirs.htm (2410 words)

	[No title]
		If an operation's amortized time exceeds its actual time, the extra dollars are saved in the bank to be spent on later operations.
		If an operation's actual time exceeds its amortized time, dollars are withdrawn from the bank to pay for an unusually expensive operation.
		* Worst-case time is Theta(n), worst-case amortized time is Theta(log n), best-case time is Theta(1).
	www.cs.berkeley.edu /~jrs/61bs02/lec/39 (1610 words)

	Money That Builds Connection - Issue #2 Money Print Your Own
		Put simply, Time Dollars are a form of service barter which, recorded in a computer bank, become a new way of matching resources with needs.
		Time Dollars, by contrast, can only be used to secure those goods and services built into the computer software that tracks the exchanges.
		That is why the IRS has ruled that Time Dollars are tax-exempt: a transaction backed only by a moral norm cannot be taxed as a "commercial exchange." Time Dollars are an electronic currency; exchanges are recorded and tracked by software available free on the Internet (http://www.timedollar.org/).
	www.futurenet.org /article.asp?ID=889 (677 words)

	Dollars & Sense: Time Information Management Enterprises: Time Clock Software (Site not responding. Last check: 2007-10-26)
		The three areas which impact your return on investment for an automated time and attendance system is lost time recovered, automating the collection of hours and the reduction in human error factor.
		Time theft or lost time per week accounts for the average worker being overpaid by as much as two hours each week when you factor in long lunches, tardiness, leaving early and extended breaks.
		The use of an automated time system helps to recover these dollars through the integration of your rounding and pay rules.
	www.timenterprises.com /why/dollars.php (311 words)

	Transaction Net: Time Dollars Service Exchange
		Backed by an hour of community service and created via mutual credit, Time Dollars are the simplest currency system to implement: the only infrastructure needed is a central registry, which can be as simple as a notepad or flboard, to record account balances.
		Time Dollars are always sufficient, so they tend to encourage a "favor economy" of cooperation and trade among participants.
		The Time Dollar Institute is a "non-profit corporation that creates and sponsors initiatives so that the beneficiaries of social programs can become co-producers of education, justice, self-sufficiency, opportunity, community development, and social change".
	www.transaction.net /money/timedollars (591 words)

	Time Dollar: A Reward for Decency (Site not responding. Last check: 2007-10-26)
		Time Dollars can only be earned by doing good deeds for your neighbors.
		Time Dollars can be redeemed when someone needs help from a neighbor.
		The sections are: The Time Dollar - A Reward for Decency; Time Dollars and Community Renewal; Time Dollars and the Elderly; Time Dollars and Welfare; Time Dollars, Employees, and Work; Time Dollars and Education, and Time Dollars and Law.
	www.unl.edu /kellogg/annots/annt744.html (133 words)

	Community Tool Box - Tools (Site not responding. Last check: 2007-10-26)
		And Time Dollars asks individuals to use their talents and skills; and in doing so, allows them to retain their sense of pride when they need help.
		Time Dollars help people understand that whatever circumstances they are in, they can still give, and not just receive.
		Quite simply, a Time Dollars program can be started by anyone who sees needs in his or her community which are not being met.
	ctb.ku.edu /tools/EN/sub_section_main_1193.htm (2816 words)

	Converting Dollars Across Time
		Dollars today do not buy as much as dollars did 30 years ago because, in general, prices have risen over the last 30 years.
		Thus, if you wish to compare dollar amounts across time, you need to correct for the effects of inflation.
		Since a dollar today is worth less than a dollar in 1983, we must first convert 1983's hamburger price into year 2000 dollars (or, convert 2000's price into 1983 dollars).
	www.marietta.edu /~delemeeg/econ211/convert.html (271 words)

	The News@Ellsworth American.com \|
		The Time Dollar Institute was formally established in 1995.
		Time Bank members offer services in exchange for Time Dollars, which can be cashed in for services from other network members.
		Griffin said a local member spent her Time Dollars with a Time Bank in Portland where acupuncture treatment was available.
	www.ellsworthamerican.com /archive/2005/01-20-05/ea_news3_01-20-05.html (882 words)

	[No title] (Site not responding. Last check: 2007-10-26)
		A grant was written by The Maine Time Dollar Network (now known as the New England Time Bank) and approved through the VISTA (Volunteer in Service to America) organization for a term of three years.
		They will earn 25 Time Dollars doing community service and spend 25 Time Dollars receiving community service over the course of the school year.
		The student's parents will also be involved and required to earn 10 Time Dollars and spend 10 Time Dollars along with the students.
	www.geocities.com /youthandcomputers (272 words)

	YBFREE.com Comics-and-Manga March 2004: Time Dollars: A History Lesson p. 1 of 1
		Dollar is among the growing number of comic book titles providing a forum to talk about the issues facing America's youth and the oft-reactive response of an overly burdened and apathetic society.
		After his wife is murdered by some of the very children he seeks to help, he has to manage to find the strength to continue his mission to aid his students avert the plethora of evils awaiting them from drugs, to gangs all while grieving for his beloved wife.
		This course of may have been necessary being that Time Dollars is a product of a non-profit project (non-governmental organization for non-Americans) to have teens participate in the judicial process through mach trials.
	www.ybfree.com /33DOLLAR1.html (421 words)

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