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Economic theory and proposal by Silvio Gesell
Freiwirtschaft (German for "free economy") is an economic theory and proposal founded by the German-Argentine economist Silvio Gesell in his 1916 book
Freiwirtschaft
Money designed to lose purchasing power
economist Silvio Gesell advocated for demurrage currency as part of the Freiwirtschaft economic system. He referred to demurrage as Freigeld ("free money")—"free"
Demurrage_currency
German-Argentine economist (1862–1930)
economist, entrepreneur, and social reformer. He was the founder of Freiwirtschaft (German for "free economy"), an economic model for market socialism
Silvio_Gesell
Combining elements from across the left–right spectrum
Social Credit Party of Canada (1935–1993) [citation needed] Georgism Freiwirtschaft Horseshoe theory LaRouche movement Left-conservatism National Bolshevism
Political_syncretism
Political philosophy emphasising social ownership of production
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Socialism
Social science studying goods and services
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Economics
Loans with unfairly high interest rate
German economist, Silvio Gesell, advocated for demurrage as part of the Freiwirtschaft economic system. He referred to demurrage as Freigeld 'free money' —
Usury
Economic policy emphasizing exports
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Mercantilism
Object or record accepted as payment
economist Silvio Gesell advocated for demurrage currency as part of the Freiwirtschaft economic system. He referred to demurrage as Freigeld ("free money")—"free"
Money
Dignity Theory Radical centrism Third Way Christian socialism Eurasianism Freiwirtschaft Pre-Marxist communism Primitive communism Religious communism Christian
List_of_political_ideologies
British statesman and writer (1874–1965)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Winston_Churchill
Economic system based on private ownership
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Capitalism
Town in Brandenburg, Germany
town of Bötzow was renamed Oranienburg. Silvio Gesell, the founder of Freiwirtschaft ("free economy"), lived in Oranienburg between 1911 and 1915, publishing
Oranienburg
Economic philosophy centered on common ownership of land
burden of taxation Externality Feudalism Free-market environmentalism Freiwirtschaft Green economy Labor economics Laissez-faire Landed property Land law
Georgism
British economist (1883–1946)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
John_Maynard_Keynes
Political and socioeconomic ideology
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Communism
Scottish economist and philosopher (1723–1790)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Adam_Smith
Taking financial risks in the hope of profit
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Entrepreneurship
Economic doctrine in which the state plays a strong directory role
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Dirigisme
Founder of German Physiocrat movement (1872–1929)
(German for "Physiocratic Association"), which was the first major Freiwirtschaft organization. It drew most of its members from land reformers, individualist
George_Heinrich_Blumenthal
Group making loans to developing countries
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
World_Bank_Group
Worldwide economic depression (1929–1939)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Great_Depression
Devaluation of money's purchasing power
levels and avoid recessions and was eventually abandoned everywhere. Freiwirtschaft economists theorize that demurrage currency could eliminate both inflation
Inflation
Field that examines the structure of firms and markets
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Industrial_organization
American conservative author and commentator (1925–2008)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
William_F._Buckley_Jr.
Chinese revolutionary and statesman (1866–1925)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Sun_Yat-sen
Any substitute for legal tender or currency
A scrip is any substitute for legal tender. It is often a form of credit. Scrips have been created and used for a variety of reasons. Scrips have been
Scrip
American philosopher, psychologist, and activist (1859–1952)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
John_Dewey
Sale of experiences to customers
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Experience_economy
Economic system free from interventionism
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Laissez-faire
Standardization of money
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Currency
Financial institution and UN specialized agency
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
International_Monetary_Fund
1916 book by Silvio Gesell
natürliche Wirtschaftsordnung Translator Philip Pye Language German Subjects Freiwirtschaft, Capitalism, Socialism, Georgism, monetary theory, money, land economics
The_Natural_Economic_Order
English naturalist (1823–1913)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Alfred_Russel_Wallace
Prime Minister of the United Kingdom from 1916 to 1922
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
David_Lloyd_George
Type of economic system
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Planned_economy
American political economist (1839–1897)
Gesell – An economist influenced by Henry George History of Monopoly Freiwirtschaft New York City mayoral elections "American History: Excerpt from Henry
Henry_George
English economist (1903–1983)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Joan_Robinson
Rare schools of economic thought
(partly within mainstream economics) Econophysics Feminist economics # § Freiwirtschaft Georgism General Economy Gift Economy Green Economics Humanistic economics
Heterodox_economics
Socio-economic model
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Social_market_economy
Professional in the discipline of economics
Gesell (1862-1930), German economist, entrepreneur, and founder of Freiwirtschaft economic model. Jean-Baptiste Say, developed Say's law stating that
Economist
Macroeconomic theory
Randall Wray, addressed what they saw as the main criticisms being made. Freiwirtschaft economist Felix Fuders [de] argues that the growth imperative created
Modern_Monetary_Theory
English economist (1877–1959)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Arthur_Cecil_Pigou
Inflation that develops at a rapid pace
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Galloping_inflation
Russian writer (1828–1910)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Leo_Tolstoy
Political philosophy
unresolved theoretical gaps. Libertarianism portal Socialism portal Freiwirtschaft ("free economy"), idea based on the "natural economic order" Sociocracy
Libertarian_socialism
American economist and statistician (1912–2006)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Milton_Friedman
Australian economist and author (born 1953)
Steve Keen (born 28 March 1953) is an Australian economist and author. He considers himself a post-Keynesian and a critic of neoclassical economics. Keen
Steve_Keen
Municipality in Tyrol, Austria
Wörgl (German pronunciation: [ˈvœrɡəl]) is a city in the Austrian state of Tyrol, in the Kufstein district. It is 20 km (12 mi) from the international
Wörgl
Regional local currency in Bavaria, Germany
The Chiemgauer is a regional currency in Prien am Chiemsee, Bavaria, Germany. It was created by Christian Gelleri in 2003 and named after the Chiemgau
Chiemgauer
Political and economic ideology integrating libertarianism with Georgism
economics Classical liberalism Commons Free-market environmentalism Freiwirtschaft Georgism Green libertarianism Jeffersonian democracy Land law Land value
Geolibertarianism
Measure of increase in market value of goods
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Economic_growth
Right granted by overlord to vassal, central element of feudalism
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Fief
Characteristic of self-sufficiency
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Autarky
Application of econometrics and other formal methods to the study of history
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Cliometrics
Economic policy of restricting imports
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Protectionism
Current economic system in Vietnam
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Socialist-oriented market economy
Socialist-oriented_market_economy
Rate of money changing hands
The velocity of money measures the number of times that one unit of currency is used to purchase goods and services within a given time period. In other
Velocity_of_money
Economic analysis of contracts
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Contract_theory
Statistical measure of change
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Index_(economics)
Local currency used as an experiment in free economy
The Wära was a demurrage currency used in Germany that was introduced in 1926 as a free economy experiment. It was introduced by Hans Timm and Helmut Rödiger
Wära
Defunct political party in Liechtenstein
1931; 95 years ago (1931) Dissolved 1933; 93 years ago (1933) Ideology Freiwirtschaft Anti-capitalism Politics of Liechtenstein Political parties Elections
Liechtenstein Free Trade Association
Liechtenstein_Free_Trade_Association
Type of society and economic system
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Communist_society
Branch of applied probability theory
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Decision_theory
Market in which goods or services are traded illegally
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Black_market
Direct reciprocal exchange of goods or services without the use of money
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Barter
List of utopian communities in Germany 1890-1933
communities like Eden and Heimgarten and Silvio Gesell's principles of Freiwirtschaft. Monte Verità Switzerland Ida Hofmann, Henri Oedenkoven, Lotte Hattemer
List of German utopian communities
List_of_German_utopian_communities
Political ideology promoting free-market capitalism
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Neoliberalism
English politician and philosopher (1806–1873)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
John_Stuart_Mill
Changing of laws, regulations, or customs regarding land ownership
Differential and absolute ground rent Eminent domain Enclosure Fachhochschule Freiwirtschaft Frente Unido de Reforma Agraria Gentrification Georgism (Henry George)
Land_reform
Type of economic system
paid by the administrative costs component of the total interest rate. Freiwirtschaft economist Felix Fuders [de] argues that the growth imperative of modern
Interest-free_economy
Percentage of a sum of money charged for its use
money"; Gesell proposed it as the Freigeld (free money) component of his Freiwirtschaft (free economy) system. To prevent people from holding cash, Gesell suggested
Interest_rate
High inflation, low economic growth, and high unemployment
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Stagflation
Concept in economics and decision theory
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Utility
Economic theory
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Demand-pull_theory
Economic theory promoting local control
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Distributism
Ownership of industry, assets, or businesses by a public body
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
State_ownership
Measure of use of productive capacity
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Capacity_utilization
Interest seen as a reward for parting with liquidity
the quantity of money supplied (see IS/LM model). According to the Freiwirtschaft school of economics, if the liquidity preference theory of interest
Liquidity_preference
Total value of money available in an economy at a specific point in time
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Money_supply
Austrian economist and philosopher (1899–1992)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Friedrich_Hayek
1904 board game and precursor to Monopoly
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
The_Landlord's_Game
1886 book by Henry George
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Protection_or_Free_Trade
Reliable and stable globally-traded currency
warns that the yen may effectively turned into a "junk currency". The Freiwirtschaft economist Silvio Gesell criticized hard currency and argued that it
Hard_currency
Economic indicator
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Consumer_confidence
Internal territory of Australia
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Australian_Capital_Territory
President of the United States from 1877 to 1881
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Rutherford_B._Hayes
Swedisih cooperative bank
The JAK Members Bank, or JAK Medlemsbank, is a cooperative, member-owned financial institution based in Skövde, Sweden, and based on a concept that arose
JAK_Members_Bank
Indian economist and Nobel laureate (born 1933)
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Amartya_Sen
American political activist (1850–1933)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Mary_Elizabeth_Lease
Transfer of privately owned assets to the national government
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Nationalization
Value in economics and accounting
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Real_and_nominal_value
Socialist political party
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Zimbabwe African People's Union
Zimbabwe_African_People's_Union
Name list
Gesell (1862–1930), German entrepreneur, economist, and founder of Freiwirtschaft economic model Silvio Horta (1974–2020), American TV writer and producer
Silvio
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
William_Edward_Macklin
American politician (1837–1906)
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
Clitus_Barbour
Book by Donald Shoup
Single-Tax ATCOR CD Cornucopianism EBCOR Economic land Economic rent Freiwirtschaft Fructification Garden cities Geolibertarianism (Cellular democracy)
The_High_Cost_of_Free_Parking
Concept in economics
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Law_of_one_price
Study of an economy as a whole
economy Democratic Disequilibrium Ecological Evolutionary Feminist Freiwirtschaft Georgism Happiness Historical Humanistic Institutional Keynesian Neo-
Macroeconomics
Form of market-based economy
Communist Democratic Developmentalism Distributist Feminist Georgist Freiwirtschaft Green Nationalist Protectionist Religious Buddhist economics Christian
Free_market
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FREIWIRTSCHAFT
FREIWIRTSCHAFT
FREIWIRTSCHAFT
FREIWIRTSCHAFT
FREIWIRTSCHAFT
FREIWIRTSCHAFT
FREIWIRTSCHAFT
FREIWIRTSCHAFT
FREIWIRTSCHAFT
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