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Chelsea Green Blog

Strengthening Local Economies: Michael Shuman on Investing in Small Businesses

Earlier this month Michael Shuman participated in a web event with Orion magazine, and explained the massive shift toward local investment that he outlines in his new book Local Dollars, Local Sense.

If you missed it, you can still listen to the whole thing on Orion‘s website, or on the newly launched Resilience.org, run by the Post Carbon Institute. Local Dollars, Local Sense is the first book in the Community Resilience Guide series, a joint effort of PCI and Chelsea Green, so stay tuned for the next books in the series!

Web Event Summary: Not even 1 percent of Americans’ long-term savings are invested locally, largely because it’s just not possible under the current system. But what would our towns look like if a larger fraction of this $30 trillion were in local economies? Local businesses account for half of the jobs and economic output in the U.S., so the effect could be important. During Orion‘s latest live web event, Michael Shuman, author of the new book Local Dollars, Local Sense, discussed innovative ways that citizens can improve their local economies while growing their own bank accounts.

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Recipe: How to Make the Perfect Pancake

When most people think pancakes, they think breakfast. But for Amy Halloran, breakfast is only the start. Halloran, author of The New Bread Basket, is a self-described pancake connoisseur. From a young age, she was entranced by the magic of bubbly batter rising to fluffy cakes on the griddle. Over time, her love of pancakes […] Read More..

Inside the Rise of the Local Grains Movement

Our daily bread. Breaking bread together. Bread and butter. These are all common phrases that reflect bread’s foundational role in our diet and in the building of our civilization. The stored energy of grain first allowed our ancestors to shift from nomadic hunting and gathering to building settled communities—even great cities. So why in an […] Read More..

The Limits to Growth and Greece: Systemic or Financial Collapse?

Could it be that the ongoing Greek collapse is a symptom of the more general collapse that the Limits to Growth model generates for the first two decades of the 21st century? Author Ugo Bardi (Extracted: How the Quest for Mineral Wealth is Plundering the Planet) examines the correlation between what is unfolding between Greece […] Read More..

Economic Development is Broken. Here’s How to Fix It

Economic development today is completely broken. That’s the argument of author Michael Shuman in his new book, The Local Economy Solution. The singular focus on attracting global corporations is not just ineffective but counterproductive, Shuman argues, especially given the huge opportunity costs. Indeed, it’s not far-fetched to suggest that the best way most communities can […] Read More..

A Mini-Festo for Earth Day – Rebuild the Foodshed

For the past month, author Philip Ackerman-Leist has been on a Twitter MiniFesto campaign – each day sending out a new tweet designed to spark conversation and pass along some lessons he learned whilst working on his last book, Rebuilding the Foodshed. You might also know Philip as the author of his memoir Up Tunket […] Read More..