A treatise on the legalities of Local Currencies

http://www.smallisbeautiful.org/local_currencies/Book.pdf

Review: Calgary Canada LETS

http://listings.calgarydollars.ca/

Nice classified system for their LETS.

Cyclos Open Source LETS Software

I have requested some help to install this software on the server at my office so that we can play around with it.

http://project.cyclos.org/index.php?option=com_content&task=view&id=220&Itemid=219

If you want to login on a demo account, I set one up for that purpose. Use:

http://www.cyclos.org/cyclos_en/do/login
login: chase.ingersoll
pswd:  demo

Contribution from A2B3 Participant Dan Freidus

Here's some info on the "local exchange transaction system" that Chase told us about at lunch today (and some other variants):
http://www.smallisbeautiful.org/local_currencies.html
http://www.transaction.net/money/community/index.html
http://en.wikipedia.org/wiki/Local_currency

Current systems:
Traverse City: http://www.baybucks.org/
Madison, WI: http://www.madisonhours.org/node/9
http://www.ratical.org/many_worlds/cc/NMfHC/chp10.html

Historical perspective:
http://www.andrewlowd.com/thesis/Chapter3.htm
http://userpage.fu-berlin.de/~roehrigw/fisher/
http://www.ratical.org/many_worlds/cc/NMfHC/chp8.html

As collectibles:
http://www.depressionscrip.com/

Ann Arbor was among the many communities that had scrip in the Depression:
http://www.depressionscrip.com/michigan/michigan.html#Ann
(though scroll down to see the gorgeous specimens from Mecosta County).

Most Depression era scrip is common enough that specimens are in the $5-20 range. I don't have maintain an inventory but could help you find some if you're interested (from a specific town, or one that's visually attractive or???).

Dan Freidus
freidus@umich.edu

You Tube Videos on Local Currencies

http://www.youtube.com/results?search_type=&search_query=local+currency&aq=f

Fourth Corner Exchange

This is a local exchange out in the Pacific Northwest.  Excellent website as far as explaining the funcitonality.  You do not need an account to look at the Wanted Listings or the Offered Listings.

http://www.fourthcornerexchange.com/index.php

North London LETS Interview - 600 local currencies in UK

Virtual Worlds - Currency and Tax Issues

Excellent article from http://neowin.net  regarding the money systems, economic activity and gain taking place in the virtual worlds of World of Warcraft and  Second Life.   Don't forget to review the comments on this article.

The Economic Problem of Debt Created Money

When Means of Exchange ("money") is loaned into an economy, via a banking system, the eventual default of re-payment terms by members of the economic system is guaranteed.   See example of Hypothetical Model 

FAQs Regarding LETS

Why not use Gold, Silver or Lead ? 

But borrowers repay the lender at different schedules?

LETS Account Holder Agreement w/Commentary

A LETSystem, Local Exchange Trading System, is a self-regulating network which allows its users to issue and manage their own money supply within the boundaries of the network.  The LETSystem accounting service maintains a system of accounts for its users.

List of Essential Characteristics of  LETS and Sample Account Holder Agreement  

Links to LETS Local Exchange Transaction Systems

Bay Bucks - Traverse City  Nice little history lesson on how Traverse City road out the Great Depression and what they are doing today with Bay Bucks and a local food co-op.  More on them.

Ann Arbor / Washtenaw County LETS Meetup  Place to connect with other consumers, businesses and professionals that are developing a LETS system locally in Ann Arbor Michigan.

http://www.transaction.net/money/lets/

LETS - Wikipedia

LETS resource page

Open Source Software Packages for Local Exchange Management

More Open Source LETS solutions

LETS Link UK - software survey

http://www.openmoney.org/

LETS by Michael Lanton - Landsman Community Service