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Local Dollars, Local Sense - Introduction

Local Dollars, Local Sense - Introduction

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Americans’ long-term savings in stocks, bonds, mutual funds, pension funds, and life insurance funds total about $30 trillion. But not even 1 percent of these savings touch local small business—even though roughly half the jobs and the output in the private economy come from them. So, how can people increasingly concerned with the poor returns from Wall Street and the devastating impact of global companies on their communities invest in Main Street? In Local Dollars, Local Sense, local economy pioneer Michael Shuman shows investors how to put their money into building local businesses and resilient regional economies—and profit in the process.
Americans’ long-term savings in stocks, bonds, mutual funds, pension funds, and life insurance funds total about $30 trillion. But not even 1 percent of these savings touch local small business—even though roughly half the jobs and the output in the private economy come from them. So, how can people increasingly concerned with the poor returns from Wall Street and the devastating impact of global companies on their communities invest in Main Street? In Local Dollars, Local Sense, local economy pioneer Michael Shuman shows investors how to put their money into building local businesses and resilient regional economies—and profit in the process.

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Published by: Chelsea Green Publishing on Feb 01, 2012
Copyright:Traditional Copyright: All rights reserved

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08/11/2012

 
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