Michael Shuman

Fellow, Local Economies

Economics

Michael Shuman is director of research for Cutting Edge Capital, director of research and economic development at the Business Alliance for Local Living Economies (BALLE), and a Fellow of the Post Carbon Institute. 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) and Going Local: Creating Self-Reliant Communities in the Global Age (1998). 

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.

videos

Outside In with Michael Shuman and Stephanie Mills

length: 29:40   credit: Investigating Resilience

Stephanie Mills returns with another of her colleagues from the Post Carbon Institute, Michael Shuman. Shuman is author of a number of books on developing local economies, including The Small-Mart Revolution and Going Local, and the forthcoming book Local Dollars Local Sense. the Research & Economic Development Director of the Business Alliance for Local Living Economies (BALLE). The discussion outlines the new economic era we are entering and why it is likely that local economies will win out over the globalized and fragile world economy. The period of transition will not be easy. Here in Michigan especially we need to learn a new way of investment so that local investors can invest in their local economy. As Shuman points out, little help can be expected from Lansing or Washington as government is still looking to the old economic order for answers.

Recorded in 2011.

audio

Local governments prepare for peak oil; cost-competitive local businesses

length: 52:00   credit: Equal Time Radiodownload

Post Carbon Reader: Managing the 21st Century's Sustainability Crises. (You can buy the book through your locally owned bookstore, order it online, or download selected chapters.
 
John Kaufmann was lead staff for Portland, Oregon's Peak Oil Task Force, and he has consulted with local governments around the continent on how to prepare for energy scarcity. He describes how local governments are planning for scarcity, and what they're missing (hint: a lot).
 

Michael Shuman is Director for Research and Economic Development at BALLE, the Business Alliance for Local, Living Economies. He describes the surprising cost competitiveness of local businesses, despite government policies designed to destroy them.   

Latest Publications

Buying Local Yields More Jobs, Stronger Communities

Michael Shuman    Dec 19, 2011   

[Excerpt]: According to the National Retail Federation, Americans will spend an average of about $700 per person on holiday season shopping this year and, despite the hype surrounding Black Friday, the busiest shopping week … >>

Small Thinking About Small Business: A Rebuttal to Jared Bernstein

Michael Shuman    Nov 01, 2011   

In his 1974 opinion in Geduldig vs. Aeillo, Supreme Court Justice William Rehnquist asserted that discrimination on the basis of pregnancy was not tantamount to discrimination on the basis of sex. His classic sentence … >>

ECONOMY: The Competitiveness of Local Living Economies

Michael Shuman    Nov 03, 2010   

EXCERPT: Economic localization offers the key to solving a growing number of global problems, including peak oil, climate disruption, and financial meltdowns.  Yet the perception remains that this solution is very … >>

The Post Carbon Reader

Michael Shuman

How do population, water, energy, food, and climate issues impact one another? What can we do to address one problem without making the others worse? The Post Carbon Reader features essays by some of the world’s most … >>

press coverage

Shuman on buying local in San Francisco Chronicle

Michael Shuman  

Post Carbon Fellow Michael Shuman was quoted heavily in this article on the economic advantages of local business. From the article: Michael Shuman - an economist, author and research director for Cutting Edge Capital, an … >>