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Ithaca Hours
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{{Short description|Local currency}} {{Update|date=July 2022}} {{Infobox currency | local_name1 = Ithaca HOUR | local_name_lang1 = en | image_1 = | image_title_1 = A {{frac|1|8}} hour bill | using_countries =[[Ithaca, New York]], United States | pegged_with = 1 hour = [[American dollar|US$]]10 | plural = hours | frequently_used_banknotes = <small>{{frac|1|10}}</small>, {{frac|1|8}}, {{frac|1|4}}, {{frac|1|2}}, 1 & 2 Hours | date_of_introduction = November 1991 | issuing_authority = Ithaca Hours, Inc }} The '''Ithaca HOUR''' was a [[local currency]] used in [[Ithaca, New York]], though it is now no longer in circulation.<ref>{{cite web|last=Nathanson | first=Rebecca | url=https://progressive.org/magazine/needs-money-alternative-currencies-create-ways-build-community-keep-things-local/ | title=Who Needs Money? Alternative Currencies Create Ways to Build Community and Keep Things Local | website= The Progressive | date=2016-07-07 |access-date=2020-07-20}}</ref> It was one of the longest-running local currency systems, and inspired other similar systems in [[Madison, Wisconsin]]; [[Santa Barbara, California]]; [[Corvallis, Oregon]];<ref name="forbes">{{cite magazine|url=https://www.forbes.com/2006/02/11/local-currencies-ithaca_cz_el_money06_0214local.html |title=Emily Lambert, "Funny Money", ''Forbes'', Feb. 14th, 2006 |magazine=Forbes.com |date=2006-02-14 |access-date=2009-07-10 |archive-url=https://archive.today/20130123124023/http://www.forbes.com/2006/02/11/local-currencies-ithaca_cz_el_money06_0214local.html |archive-date=2013-01-23 |url-status=dead }}</ref> and a proposed system in the [[Lehigh Valley]], Pennsylvania.<ref name="lehigh">{{cite web |last=Soper |first=Spencer |url=http://www.courant.com/topic/all-a1_5moneybox.6735224jan07,0,5363572.story |title=Spencer Soper, "Lehigh Valley group eyes a local alternative to money", ''The Morning Call'', Jan. 7, 2009 |publisher=Courant.com |date=2009-01-07 |access-date=2009-07-10 |archive-date=2011-06-12 |archive-url=https://web.archive.org/web/20110612032425/http://www.courant.com/topic/all-a1_5moneybox.6735224jan07,0,5363572.story |url-status=dead }}</ref> One Ithaca HOUR was valued at [[US$]]10 and was generally recommended to be used as payment for one hour's work, although the rate is negotiable.
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