Keith Hart

Keith Hart is an anthropologist and economist known for his study of money, markets, and local economies. He developed the concept of "informal economy," referring to economic activities that happen outside formal institutions, such as small-scale trades and barter. Hart emphasizes how local communities create their own economic systems and currencies, reflecting social relationships and cultural values. His work highlights the importance of understanding how everyday people organize and sustain their livelihoods beyond formal employment, offering insights into the diversity of economic practices worldwide.