Tagged: skillshare

11:42am

Tue July 24, 2012
Economy/Labor/Biz

The Sharing Economy: A bank where time is money

Credit Flickr user tlindenbaum

Frieda Kipar Bay is an herbalist. She teaches workshops on growing herbs for medicine. A class like this might normally cost $50-$60, but at a recent workshop at the Homestead Skillshare Festival, at Hayes Valley Farm in San Francisco, students didn’t pay a dime.

The daylong gathering – which included 40 different workshops, food, and live entertainment – was funded with a different kind of currency: hours. These transactions are managed by the Bay Area Community Exchange Time Bank.

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