Michael Shuman is an American economist, attorney, and a leading visionary on community economics. He’s worked on several laws overhauling securities regulation of crowdfunding. His book “How Local Businesses Are Beating the Global Competition” received a bronze prize for best business book of 2006.
In this episode, we explore what “local economy” actually means, why it is important, how the system is skewed to profit big corporations and how we can make better choices for ourselves and for the world.
“Locally-owned manufacturers tend to emit a lot less pollution, and the reason for that is shame because if you are bumping into the people you’re dumping pollution on, you are going to get a lot of blowbacks.”
On average, 48 percent of each purchase at local independent businesses was recirculated locally, compared to less than 14 percent of purchases at chain stores.
“None of us should torture ourselves with being perfect. We shouldn’t let perfect let in the way of the good. Start with changing 10 to 20% of your purchasing habits, it can make an enormous difference on our economic wellbeing. “
Show notes
(No show notes)
Michael Shuman is an American economist, attorney, and a leading visionary on community economics. He’s worked on several laws overhauling securities regulation of crowdfunding. His book “How Local Businesses Are Beating the Global Competition” received a bronze prize for best business book of 2006.
In this episode, we explore what “local economy” actually means, why it is important, how the system is skewed to profit big corporations and how we can make better choices for ourselves and for the world.
“Locally-owned manufacturers tend to emit a lot less pollution, and the reason for that is shame because if you are bumping into the people you’re dumping pollution on, you are going to get a lot of blowbacks.”
On average, 48 percent of each purchase at local independent businesses was recirculated locally, compared to less than 14 percent of purchases at chain stores.
“None of us should torture ourselves with being perfect. We shouldn’t let perfect let in the way of the good. Start with changing 10 to 20% of your purchasing habits, it can make an enormous difference on our economic wellbeing. “
Show notes
(No show notes)
