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Freiwirtschaft (German for "free economy") is an economic theory and proposal founded by Silvio Gesell in his 1916 book, The Natural Economic Order (German: Die natürliche Wirtschaftsordnung durch Freiland und Freigeld). Some of the basic economic ideas of Freiwirtschaft were also independently published in 1890 by the Hungarian-Austrian economist Theodor Hertzka in his novel Freiland - ein soziales Zukunftsbild[1] (Freeland - A Social Anticipation).[2]
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