Daily Archives: October 25, 2014

Youth Employment Scrip-Solving Two Problems at Once

In my 2001 book, Money: Understanding and Creating Alternatives to Legal Tender, I included a description of a proposed community currency I call Youth Employment Scrip.

This currency design is intended to provide the local community with a supplemental means of payment based on the labor that young people can provide to local businesses, non-profits, and government agencies, that normally could not afford to hire them.

Combined with presently available employment agency services, such a plan could help reduce youth unemployment while providing the entire community with additional liquidity that will help local businesses to sell some of their unused capacity.

For a complete description, you can view or download the entire chapter here: Money Chapter 22 YES