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Word: localness (lookup in dictionary) (lookup stats)
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Beyond spurring local trade, alternative currencies build awareness about the effect of consumers' choices. "It has started a conversation: Why local currency? Why buy local?" says Oliver Dudok van Heel, who last fall helped launch the Lewes pound to help a British town become more self-sustainable...

Author: /time Magazine | Title: Tough Times Lead to Local Currencies | 7/13/2009 | See Source »

...Local currency can generate customer loyalty, but not every business feels as though it can offer a discount like the one built into BerkShares. "They just aren't viable for us," says Beth Parsons, whose family owns a grocery store in Lenox, Mass. But as a consumer, she likes the idea. Parsons recently drove to a nearby town to buy some shoes instead of getting them online. Afterward, she says, she passed a BerkShares sign "at the bank and thought, 'Oh, I should've bought BerkShare bucks to save money on these...

Author: /time Magazine | Title: Tough Times Lead to Local Currencies | 7/13/2009 | See Source »

...sunny and not rain-filled) Sunday were still able to indulge in another country's red, white, and blue. Bastille Day, France's national holiday commemorating the July 14th storming of the Bastille prison 220 years ago, came to Holyoke Street today as revelers scarfed down cheaper offerings from local restaurants such as Finale's and Rialto and downed alcohol in a roped off area in front of Cambridge Savings Bank designated the "Beer Garden...

Author: By Shan Wang | Title: Four(teen)th of July (for France) | 7/13/2009 | See Source »

...interest that causes some patient advocates to bristle. In effect, they contend, doctors double dip - earning money from procedures as well as the overall operation of the hospital, of which they are shareholders. That provides plenty of incentive for physicians, who typically also work part-time at the local community nonprofit hospital, to recommend their easy-to-treat patients go across town to have procedures done at the private hospital where the doctors are investors. The House bill would address this issue by closing a loophole that has allowed doctors to send patients to hospitals they had a stake...

Author: /time Magazine | Title: How Health-Care Reform Could Hurt Doctor-Owned Hospitals | 7/13/2009 | See Source »

...believe in some kind of self-governance for the Tamils? Don't say Tamils. In this country, you can't give separate areas on an ethnic basis, you can't have this. With the provinces, certainly there must be powers, where local matters can be handled by them...

Author: /time Magazine | Title: The Man Who Tamed the Tamil Tigers | 7/13/2009 | See Source »

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