Chelsea Green Publishing

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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Q&A with Kate Raworth about her radical new book, DOUGHNUT ECONOMICS

Q: First things first: Why did you want to write this book? A: I studied economics at university 25 years ago because I wanted to make a difference in the world and believed that economics – the mother tongue of public policy – would best equip me to do that. Instead, its theories left me […] Read More

Slack and Taut: Defining a System’s Resilience

A resilient future (or a resilient present, for that matter) needs to be slack, not taut. What do we mean? Core to the concept of a Lean Economy is understanding the need to move toward a “slack” market rather than one that is “taut.” When British economist David Fleming died unexpectedly in 2010, he left […] Read More

Prehistory of the Next American Revolution

What now? A new Revolution? If we are to counter the dangers both of corporate domination and of traditional forms of socialist statism, decentralization is essential—both of economic institutions and of political structure. We are at a point in our nation’s history that could, decades from now, be taught as the prehistory of the next […] Read More

The Seven-Point Protocol for a Lean Economy

In the future, what will our local economies look like? How will they function if there is little, to no, state or national support? The late David Fleming envisioned a post-capitalistic society that we could call “deep local” — in which all needs are met at the local level — from income to social capital […] Read More

The Six Vital Capitals of the Future

There is an increasing demand on businesses and governments to evaluate their impacts on multiple forms of capital – natural, social, and economic— and this book explains how they can make it happen. The MultiCapital Scorecard’s open-source methodology has been endorsed by the United Nations Environment Program, and it has been shown to help public […] Read More
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