10min chapter

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599. The World's Most Valuable Unused Resource

Freakonomics Radio

CHAPTER

The Value of Time: Exchange and Equity

This chapter examines the concept of time as a commodity in society, focusing on time banking and its potential to create equity and community support. It discusses the challenges in measuring time as a currency, contrasts traditional economic transactions with innovative exchanges, and highlights undervalued contributions in the 'invisible economy.' The dialogue also reflects on the decline of volunteering in the U.S. and explores how reimagining time as a resource can enhance social capital and foster community engagement.

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