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The Economist | Dec 16

Social care: A time-banking scheme aims to overcome Britain’s crisis in care for the elderly | The Economist

THE system that provides social care to the elderly is chronically short of cash. Now one organisation is touting a new approach that runs on time, not money. Give & Take Care, a company founded by academics at Brunel University, is poised to launch a social-care scheme in which volunteers can log the hours of care that they provide to elderly people and exchange them for care for themselves later in life.

http://www.economist.com/news/britain/21711844-young-people-who-volunteer-now-could-bank-hours-credit-be-redeemed-kind-their-own

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