Non-monetary economy
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A moneyless economy or non-monetary economy is a system for the allocation of goods and services as well as for the assignment of work without payment of money. The simplest example is the family household, which can be a system of obligations nevertheless.
Moneyless economies are studied in econometry, in particular, game theory and mechanism design. See the section on microeconomics below.
When embedded in a monetary economy, a non-monetary economy represents work such as household labor, care giving, civic activity or even friends doing something for each other that does not have a monetary value but remains a vitally important part of the economy.
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See also
- Gift economy
- Community currency
- Controlled market
- Distributism
- Economic freedom
- Envy-free item allocation
- Fair cake-cutting
- Free market
- Informal sector
- Local exchange trading system
- Market socialism
- Market structure
- Mixed economy
- Mutual aid (organization theory)
- Neoclassical economics
- Planned economy
- Post-capitalism
- Promise theory
- Regulated market
- Social market economy
- Socialist market economy
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Non-monetary economy" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
