Podcast: How 'Complementary Currencies' Support Vibrant Local Economies

Shawn Berry, a partner and worker-owner at LIFT Economy, interviews Scott Morris, an economist, community organizer, and social entrepreneur. Morris has dedicated his career to solving the problem of why the economy only works well for some, while others get left out. He is currently the founder and CEO of IthaCash. Ithacash is "Money Made for Main St.," a regional cooperative currency program for in-and-around Tompkins County, New York, where the marketplace and local money work together for local people, causes, and economies by offering another way to meet real needs.

Ithacash serves the community by granting homegrown funding to area civic organizations and fostering local resilience. Ithacash is building on the legacy of the Ithaca HOURs currency program begun in 1991 and will be a flagship pilot program for Qoin's community currency software in the U.S.

In this interview, Berry and Morris discuss a number of topics, including:

  • Morris's personal journey coming to this work

  • Creating a new currency and aspects of currency design

  • New developments in complementary currencies

  • Benefits created for local economy

  • History and case studies of successful currencies

If you only have two minutes, click here for a highlight from the interview.

This is part of a series of Next Economy Now podcasts we are publishing on Shareable. You can also listen/subscribe to the podcast on iTunesOvercastStitcher, or your favorite podcasting platform.

Header Image courtesy of Ithacash.

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