- Chelsea Green - www.chelseagreen.com -
Strengthening Local Economies: Michael Shuman on Investing in Small Businesses
Posted By jmccharen On April 2, 2012 @ 8:00 am In Socially Responsible Business | Comments Disabled
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.
Article printed from Chelsea Green: www.chelseagreen.com
URL to article: http://www.chelseagreen.com/content/strengthening-local-economies-michael-shuman-on-investing-in-small-businesses/
URLs in this post:
 Local Dollars, Local Sense: http://www.chelseagreen.com/bookstore/item/local_dollars_local_sense:paperback
 Resilience.org: http://www.resilience.org/strengthening-local-economies-michael-shuman-on-investing-in-small-busines
 Right click to download: http://www.orionmagazine.org/audio/Events_localdollars.mp3