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), 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 Acheive 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.

View Michael's speaking terms

videos

INVEST IN YOURSELF: Building Personal Economic Resilience & Community Strength

length: 1:00:00   credit: Energy Bulletin

PCI Local Economies Fellow Michael Shuman joins PCI Economy & Preparedness Fellow Chris Martenson to discuss how you can prepare yourself, your family and your community to weather turbulent economic times.

This is a recording of video chat recorded April 3, 2012.

audio

Going Local in an Age of Globalization

length:   credit: Climate Onedownload

While the past few decades have focused on global integration, a growing number of innovative entrepreneurs are shaping a new economic model, which directs capital to local communities. The payoffs are huge—regional resilience, local investment options, and decreased use of fossil fuels among them. The obstacles are huge as well. But so is the passion for change.   

Featured speakers: 
• Dan Rosen, founder and CEO of Solar Mosaic, based in Oakland
• Michael Shuman, a leading expert on community economics and author of such books as Local Dollars, Local Sense and Going Local
• Andrew Swallow, founder of Mixt Greens, a restaurant group in San Francisco, and author of Mixt Salads

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 … >>

Local Dollars, Local Sense: The Hidden Power of Cooperatives

Michael Shuman    Apr 27, 2012   

A group of scholars at the University of Wisconsin recently counted nearly 30,000 cooperatives in the United States operating at 73,000 locations. The vast majority are consumer cooperatives, with 343 million memberships … >>

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 … >>

Local Dollars, Local Sense

Michael Shuman

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 … >>

press coverage

Local Dollars, Local Sense in Bloomberg Businessweek

Michael Shuman  

Post Carbon Fellow Michael Shuman was quoted in this article on local investment and Local Dollars, Local Sense in Bloomberg. From the article: The theory is that a bigger piece of each dollar spent locally stays in the … >>