[Scpg] INTERVIEW Investing in Local Economies with Michael Shuman – Author, Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity.

[Wesley Roe and Santa Barbara Permaculture Network]

BEST interview I have heard on the tools and problems of Investing your 
money Locally

Investing in Local Economies
March 7th, 2012
http://insideoutradio.com/2012/03/investing-in-local-economies/

On this week’s show, we discuss how to invest in local businesses and 
build strong local economies while profiting at the same time. We also 
examine the hurdles to larger scale investment in local businesses and 
explore areas of reform.

Download the full program Download MP3

Michael Shuman – Author, Local Dollars, Local Sense: How to Shift Your 
Money from Wall Street to Main Street and Achieve Real Prosperity.
Michael Shuman is director of research for Cutting Edge Capital, 
http://cuttingedgecapital.com/ director of research and economic 
development at the Business Alliance for Local Living Economies (BALLE) 
http://www.livingeconomies.org/, and a Fellow of the Post Carbon 
Institute http://www.postcarbon.org/. He holds an AB with distinction in 
economics and international relations from Stanford University and a JD 
from Stanford Law School. He has led community-based 
economic-development efforts across the country and has authored or 
edited seven previous books, including The Small Mart Revolution: How 
Local Businesses Are Beating the Global Competition (2006), Going Local: 
Creating Self-Reliant Communities in the Global Age (1998) and Local 
Dollars, Local Sense: How to Shift Your Money from Wall Street to Main 
Street and Achieve Real Prosperity.

In recent years, Michael has led community-based economic-development 
efforts in St. Lawrence County (NY), Hudson Valley (NY), Katahdin Region 
(ME), Martha’s Vineyard (MA), and Carbondale (CO), and served as a 
senior editor for the recently published Encyclopedia of Community. He 
has given an average of more than one invited talk per week for 25 years 
throughout the United States and the world.



Local Dollars, Local Sense

How to Shift Your Money from Wall Street to Main Street and Achieve Real 
Prosperity
http://www.chelseagreen.com/bookstore/socially_responsible_business/

by Michael H. Shuman
Local Dollars, Local Sense by Michael Shuman probes the future of 
investing -- making the case for investors to put their money into 
building local businesses and food and energy systems, and otherwise 
creating healthy regional economies that meet the stresses of a 
post-peak-oil world. The book tells readers how to find or develop 
opportunities for investing locally, explains the obstacles, and 
introduces readers to investors who have taken on the challenge and put 
their theories about local investing into action.

"Local small businesses employ more people and respond to community 
needs better than big corporations do—but nearly all our investment 
dollars support Wall Street banks and huge companies. The path to local 
investing has been strewn with obstacles. Michael Shuman clears a path 
for us all, showing how local investing can help solve some of America's 
biggest social, economic, environmental, and political problems. This is 
a book many of us have been waiting for."

LOCAL INVESTING Website
Slow Money www.slowmoney.org
Permaculture Credit Union www.pcuonline.org


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