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 economics|family household]], which can be a system of obligations nevertheless. | ||
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| + | Moneyless economies are studied in econometry, in particular, [[game theory]] and [[mechanism design]]. See the section on microeconomics below. | ||
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| + | 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 (economics)|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]] | ||
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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.
