Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu (Jan 2019)

Time Banks vs Household Production Theory and Threats to the Fiscal Security of the State

  • Nina Stępnicka,
  • Paulina Wiączek

Journal volume & issue
no. nr 7 (63)

Abstract

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The aim of the article is to demonstrate that time banks are an example of one of the many models of a cooperation economy, including a shared way of life. We can place them in the category of so-called household production. The research on this issue was conducted by American economist Hazel Kyrk (1886-1957), a founder of the so-called home economics. According to Kyrk's theory, time banks are a part of household production, which is free of charge and enables to use resources of households in a more efficient way. The authors used the historical method and the method of the critical analysis of literature.(original abstract)