Inquiries into the Nature of Slow Money

"Woody Tasch has been warning us for many years about the dangers of fast money, above all regarding the long term damage inflicted by short term greed. Now that the mathematical manure of maximum leverage has hit the fan of finite natural resources, he presents a compelling case for the rich compost of 'slow' money, and for investment criteria that can sustain and preserve the planet's wealth for generations to come. Indispensable reading, to be placed on the same shelf as Berry and Schumacher."

—Gregory Whitehead, Treasurer, The Whitehead Foundation

We must bring money back down to earth.

Inquiries into the Nature of Slow Money presents the path for bringing money back down to earth—philosophically, strategically and pragmatically, and with an entrepreneurial spirit that is informed by decades of work by the thousands of CEOs, investors, grant-makers, food producers and consumers who are seeding the restorative economy.

The months and years ahead will surely see a flood of books proposing micro- and macro-economic fixes to the financial crises of the day. Inquiries into the Nature of Slow Money brings a different vision—a meta-economic vision, looking above the top tine and below the bottom line, a new way of seeing what is going on in the soil of the economy.

The soil of the economy?  Bringing money back down to earth?

This is the path towards a financial system that serves people and place as much at it serves industry sectors and markets.  To discover this path, and to begin to walk down it, is the mission of Slow Money.

This mission emerges from decades of work as a venture capitalist, foundation treasurer, and entrepreneur by Woody Tasch, whose explorations shed new light on a truer, more beautiful, more prudent kind of fiduciary responsibility, a fiduciary responsibility that is not stuck in the industrial concepts of the nineteenth and twentieth centuries, but which reflects the new economic, social and environmental realities of the 21st century.

These explorations take us from the jokes of his father to the insights of his son, from the Board rooms of foundations and start-up companies to the farm fields of Vermont, from gopher holes in New Mexico to the possibilities of an alternative stock exchange, from Carlo Petrini to Muhammad Yunus, from Thoreau to Soros.  

Inquiries into the Nature of Slow Money investigates an essential new strategy for investing in local food systems, and introduces a group of fiduciary activists who are exploring what should come after industrial finance and industrial agriculture. Theirs is a vision for investing that puts soil fertility into return-on-investment calculations.

• Could there ever be an alternative stock exchange dedicated to slow, small, and local?
• Could a million American families get their food from CSAs?
• What if you had to invest 50 percent of your assets within 50 miles of where you live?

Such questions—at the heart of Slow Money—are the first step on our path to a new economy and a new culture.
Inquiries into Slow Money is a call to action for designing capital markets built around—not extraction and consumption but—preservation and restoration.

Is it a movement or is it an investment strategy?  Yes.


About the Author

Woody Tasch

Woody Tasch is chairman of Investors' Circle, a nonprofit network of angel investors, venture capitalists, foundations, and family offices that, since 1992, has facilitated the flow of $130 million to 200 early-stage companies and venture funds dedicated to sustainability. He is president of the newly formed NGO, Slow Money. Woody was formerly treasurer of the Jessie Smith Noyes Foundation. He is an experienced venture capital investor and entrepreneur and has served on numerous for-profit and nonprofit boards. He was founding chairman of the Community Development Venture Capital Alliance, which supports venture investing in economically disadvantaged regions. He lives in northern ...

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