Michael Linton

Michael Linton is a Canadian economist who pioneered the concept of Local Exchange Trading Systems (LETS) in the late 20th century. These systems create community-based currencies that enable people to trade goods and services directly without using traditional money. LETS promote local economic activity, strengthen community bonds, and help fill gaps when national currencies are less accessible. Linton's work emphasizes the value of localized economic initiatives in fostering resilience, sustainability, and social cooperation within communities.