The ecology of money, by Richard Douthwaite
SearchContentsForewordGlossaryIntroductionChapter 1Chapter 2Chapter 3Chapter 4Chapter 5Appendices

Appendix 3: Resource Guide

History of money: J.K. Galbraith’s Money: Whence it came, where it went (Penguin, various printings) is the best introduction, particularly as it is delightful to read. Glyn Davies’ A History of Money (University of Wales Press, Cardiff, 1994) is more detailed and has a much wider scope. Roy Davies’ website at, draws a lot of material from his father’s book and is the site to visit first for information on most of the topics covered by the Briefing, especially because of its links to other sites.

New money systems generally: The most comprehensive recent general guide to monetary alternatives and why one might use them is Deirdre Kent's Healthy Money, Healthy Planet (Craig Potterton Publishing, Nelson, New Zealand, 2005). My book, Short Circuit (Green Books, Totnes, 1996) is out of print but can be downloaded from The best general website is but also visit and

LETS: Peter Lang’s LETS Work: Rebuilding the Local Economy (Grover Books, Bristol, 1994) is a good practical guide to starting a system. It can be obtained from Ecologic Books at

Information can also be obtained from the two rival LETS promotional organisations in the UK. These are:

LETSLINK UK, at at 12 Southcote Rd, London N19 5BJ

LETSystems on the Michael Linton model: No postal address is given.

There is also an e-mail discussion list (econ-lets), which you can join at

WIR: Write to WIR, Auberg 1, 4002, Basel, Switzerland. Tel (41) 61 277911. The Wirtschaftsring's own website (in French, German and Italian only) is at An article on the system is available at

Detailed information about EU-funded experiments to replicate the WIR model in Ireland, Scotland, Amsterdam and Madrid is available in a book I wrote with Dan Wagman, Barataria: A Community Exchange Network for the Third System (Aktie Strohalm, Utrecht, Netherlands, May, 1999). It can be ordered from Amazon.

ROMA: Write to Gerry McGarry, Enterprise Connacht-Ulster, Clare Street, Ballyhaunis, Co. Mayo, Ireland, tel (353) 907 30170, email Information is also available in a Spring 1999 online article in Yes! magazine, and in the Barataria book mentioned under WIR.

Time Dollars: Around a hundred time banks have been started in the UK since the first edition of this book. See or write to Time Banks UK, City Works, Alfred Street, Gloucester, GL1 4DF. Telephone: 01452 541439, e-mail: or write to Time Banks UK, City Works, Alfred Street, Gloucester, GL1 4DF. Telephone: 01452 541439, e-mail:

Monetary Reform. Three books snatched this topic from the realm of anti-semites and similar cranks and made it possible for reasonable people to discuss it again. Alan D. Armstrong’s To Restrain the Red Horse: The Urgent Need for Radical Economic Reform (Towerhouse Publishing, 32, Kilbride Avenue, Dunoon, Argyll, PA23 7LH, Scotland, 1996, price £11.95) and Michael Rowbotham’s The Grip of Death: A study of modern money, debt slavery and destructive economics (Jon Carpenter Publishing, 2, The Spendlove Centre, Charlbury, OX7 3PQ, England, £15) both provide excellent treatments of the problems created by issuing money on the basis of debt. Frances Hutchinson’s What Everyone Really Wants to Know about Money (Jon Carpenter Publishing, 2, The Spendlove Centre, Charlbury, OX7 3PQ, England, £12) explains the errors in economic thinking which led to our money-system difficulties.

Two magazines in the field are well worth their subscription price. They are The Social Crediter, 16, Forth Street, Edinburgh EH1 3LH (£7 in UK, £11 overseas airmail) and Sustainable Economics, 12, Queens Road, Tunbridge Wells, Kent, TN4 9LU (£6 in UK, £8 overseas). The British Association for Monetary Reform has a website at with links to other sites.

Feasta, an international network of people interested in re-designing money and other systems to make the world more sustainable, is pursuing some of the ideas developed in this book. Use the excellent search facility on its website e-mail The postal address is 10A, Lower Camden Street, Dublin 2. Tel ++ 353 (0)1 405 3615.

The Global Commons Institute is run from 42, Windsor Road, London NW2 5DS, e-mail Its website at has some information on the ebcu.

Go to Feasta website

Copies of The Ecology Of Money can be ordered online from Green Books, priced at £7 plus postage and packaging.

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SearchContentsForewordGlossaryIntroductionChapter 1Chapter 2Chapter 3Chapter 4Chapter 5Appendices