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- Barter abstract "Barter is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in that the reciprocal exchange is immediate and not delayed in time. It is usually bilateral, but may be multilateral (i.e., mediated through barter organizations) and usually exists parallel to monetary systems in most developed countries, though to a very limited extent. Barter usually replaces money as the method of exchange in times of monetary crisis, such as when the currency may be either unstable (e.g., hyperinflation or deflationary spiral) or simply unavailable for conducting commerce.David Graeber argues that the inefficiency of barter in archaic society has been used by economists since Adam Smith to explain the emergence of money, the economy, and hence the discipline of economics itself. "Economists of the contemporary orthodoxy... propose an evolutionary development of economies which places barter, as a 'natural' human characteristic, at the most primitive stage, to be superseded by monetary exchange as soon as people become aware of the latter's greater efficiency." However, extensive investigation by anthropologists like Graeber has since then established that "No example of a barter economy, pure and simple, has ever been described, let alone the emergence from it of money; all available ethnography suggests that there never has been such a thing. But there are economies today which are nevertheless dominated by barter."Since the 1830s, direct barter in western market economies has been aided by exchanges which frequently utilize alternative currencies based on the labour theory of value, and designed to prevent profit taking by intermediators. Examples include the Owenite socialists, the Cincinnati Time store, and more recently Ithaca HOURS (Time banking) and the LETS system.".
- Barter thumbnail Barter-Chickens_for_Subscription.jpg?width=300.
- Barter wikiPageExternalLink www.natebarter.com.
- Barter wikiPageID "4232".
- Barter wikiPageRevisionID "605425901".
- Barter hasPhotoCollection Barter.
- Barter subject Category:Business_terms.
- Barter subject Category:Commerce.
- Barter subject Category:Economic_systems.
- Barter subject Category:Pricing.
- Barter subject Category:Simple_living.
- Barter subject Category:Tax_avoidance.
- Barter subject Category:Trade.
- Barter comment "Barter is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in that the reciprocal exchange is immediate and not delayed in time. It is usually bilateral, but may be multilateral (i.e., mediated through barter organizations) and usually exists parallel to monetary systems in most developed countries, though to a very limited extent.".
- Barter label "Baratto".
- Barter label "Barter".
- Barter label "Barter".
- Barter label "Escambo".
- Barter label "Ruilhandel".
- Barter label "Tauschhandel".
- Barter label "Troc".
- Barter label "Trueque".
- Barter label "Бартер".
- Barter label "نظام المقايضة".
- Barter label "以物易物".
- Barter label "物々交換".
- Barter sameAs Barterový_obchod.
- Barter sameAs Tauschhandel.
- Barter sameAs Αντιπραγματισμός.
- Barter sameAs Trueque.
- Barter sameAs Truke.
- Barter sameAs Troc.
- Barter sameAs Barter.
- Barter sameAs Baratto.
- Barter sameAs 物々交換.
- Barter sameAs 물물교환.
- Barter sameAs Ruilhandel.
- Barter sameAs Barter.
- Barter sameAs Escambo.
- Barter sameAs m.01ccb.
- Barter sameAs Q484830.
- Barter sameAs Q484830.
- Barter wasDerivedFrom Barter?oldid=605425901.
- Barter depiction Barter-Chickens_for_Subscription.jpg.
- Barter isPrimaryTopicOf Barter.