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An Example of Communal Currency The facts about the Guernsey Market House   By:

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In "An Example of Communal Currency: The Facts about the Guernsey Market House," author J. Theodore Harris takes readers on a compelling journey through the history of communal currency. Focusing specifically on the Guernsey Market House, Harris provides a detailed account of the island's unique monetary system and its impact on its local economy.

Throughout the book, Harris meticulously traces the roots of Guernsey's communal currency, delving into its origins during the Napoleonic Wars and exploring its continued use well into the modern era. He skillfully weaves an intricate narrative of how this alternative form of money emerged as a means to combat economic instability, scarcity of traditional currency, and external threats.

One of the book's greatest strengths is its ability to present complex economic concepts in an accessible manner. Harris's explanations are clear, concise, and supported by a wealth of detailed research. Readers don't need to possess a deep understanding of economics to grasp the significance of Guernsey's communal currency or appreciate its historical relevance.

Moreover, the author's enthusiasm for the subject matter shines through the pages. Harris's passion for this unique monetary system is infectious, turning what could be a dry and technical topic into an engaging and captivating read. His love for Guernsey is evident in the way he highlights the island's resilience, adaptability, and innovative spirit throughout its history.

Another commendable aspect of the book is the meticulous attention to detail. Harris leaves no stone unturned as he dissects the various aspects of the Guernsey Market House's operation, including its administration, issuance, circulation, and redemption of currency. The author provides a thorough examination of the market house's ability to maintain stability, counter inflationary pressures, and foster local economic growth.

However, it is worth noting that some readers may find certain sections of the book overly technical or dense. While the author's comprehensive approach is commendable, it may overwhelm those seeking a more casual introduction to the topic. A glossary or additional explanatory notes would have been beneficial to help readers navigate the more intricate aspects of the subject matter.

Despite this minor criticism, "An Example of Communal Currency: The Facts about the Guernsey Market House" is an invaluable resource for anyone interested in monetary systems, economic history, or the potential of alternative currencies. Harris's extensive research and passionate storytelling make this book a must-read for scholars, economists, and anyone curious about exploring the inspiring story of Guernsey's unique communal currency.

First Page:

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LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE

AN EXAMPLE OF COMMUNAL CURRENCY

By

J. THEODORE HARRIS, B.A.

With a Preface by SIDNEY WEBB, LL.B.

1/ NET

LONDON P. S. KING & SON ORCHARD HOUSE, WESTMINSTER 1911

PEOPLE'S BANKS

A RECORD OF SOCIAL AND ECONOMIC SUCCESS

By H. W. WOLFF

Third Edition, Newly Revised and Enlarged Demy 8vo, Cloth, 600 pp. =6s.= net

CONTENTS Introduction, The General Idea, The Two Problems, The Two Aspects of the Question, Credit to Agriculture, The "Credit Associations" of Schulze Delitzsch, Raiffeisen Village Banks, Adaptations, "Assisted" Co operative Credit, Co operative Credit in Austria and Hungary, The "Banche Popolari" Italy, The "Casse Rurali" of Italy, Co operative Credit in Belgium, Co operative Credit in Switzerland, Co operative Credit in France, Offshoots and Congeners, Co operative Credit in India, Conclusion.

"We may confidently refer those who desire information on the point to the book with which Mr... Continue reading book >>




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