Sunday, November 06, 2011

The Creative Economy

"The idea was inspired by an urban legend -- ​that Picasso had lunch with Nelson Rockefeller at the Four Seasons restaurant in New York City. When it came time to pay the rather expensive bill, Picasso suggested that he could pay for lunch by drawing something on the bill and signing it, which would turn the bill itself into something much more valuable than the lunch".
-Excerpt from Creating Wealth: Growing Local Economies with Local Currencies by Gwendolyn Hallsmith and Bernard Liataer

See full text article for more on art-supporting alternative currencies for cities and local communities.

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