Michael Shuman

Fellow, Local Economies


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


Michael Shuman Brisbane 2012

length: 54:49   credit: Energising Communities   Jan 14, 2013

Leading American economist, attorney, author, entrepreneur and advocate for local business, Michael Shuman toured Australia in September. Shuman is the author of Local Dollars, Local Sense.


Locally Invested

length: 1:00   credit: The Extraenvironmentalist   May 06, 2014

On Extraenvironmentalist #77 we talk about developing an investment paradigm for the future that’s rooted in local business and healthy food, first with Michael Shuman of Cutting Edge Capital and author of Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity. We ask Michael about ways to invest locally that have the potential for better returns on capital and community cohesion while getting thoughts on the coming revolution in crowdfunding.

Latest Publications

Michael Shuman: "I would say that we are winning"

Michael Shuman    Apr 29, 2014   

We last spoke to Michael Shuman just over three years ago.  He is author of several books on local economic development, the most recent being Local Dollars, Local Sense. He is an attorney, an economist, and his current … >>

The Latest Trends in Sustainable Communities

Michael Shuman    Jun 03, 2014   

Pike Place Market in Seattle, Washington is a popular place for small local farmers, merchants and craftspeople. Scott McCracken/flickr. Originally posted at Solutions Journal. Solutions invited two pioneers in local and … >>

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: How to Shift Your Money From Wall Street to Main Street and Achieve Real Prosperity

Michael Shuman

Foreword by Peter Buffett. 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 … >>

press coverage

Shuman on 'investment apartheid' at Powell Tribune

Michael Shuman  

Post Carbon Fellow Michael Shuman spoke about the unfair investment rules which stifle local business. From the article: Michael H. Shuman said economic paternalism, or fiscal segregation, is unfairly blocking economic … >>