WIR Information
WIR and the Swiss National Economy Critique by Prof. Tobias Studer
An Annotated Précis, Review, and Critique of WIR and the Swiss National Economy by Theo Megalli and Thomas H. Greco, Jr.

The Swiss WIR Bank is the best example we have of a successful large-scale mutual credit clearing system that has stood the test of time and continues to thrive. Up until now, very little information was available about its history and operations. That situation has now taken a significant turn.

Prof. Studer’s book about the Swiss WIR Bank is now available in English. This excellent translation by Prof. Philip Beard of Sonoma State University, is a “must read” for any student of money, banking, complementary currency, or exchange alternatives.

WIR and the Swiss National Economy

by Prof. Tobias Studer
Department of Economics
University of Basel, Switzerland
Basel, 1998
Published by the WIR Bank, Basel

Title of German original: “WIR in unserer Volkswirtschaft”
English Translation: Philip H. Beard, Ph.D., Sonoma State University, Rohnert Park, California 94928 © 2006

The digital file can be downloaded for $3 from, specifically,
A printed copy can be ordered at for the price of $15.00.

60 Years WIR Business Circle Cooperative - Origins and Ideology*
Translation, by Frederika Almstedt with assistance from Thomas Greco, of an article which appeared in WIR Magazin, September 1994.
Alternatives to Globalization
Cooperative Principle and Complementary Currency

This article was taken from the following website and translated into English by Prof. Philip Beard of Sonoma State University.
Updated on 08/10/2005