Shuman quoted in article on Community Solutions in Yellow Springs News
October 16, 2017
Post Carbon Fellow Michael Shuman was quoted in this article on the upcoming Community Solutions conference.
From the article:
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In contrast to an economics of happiness, Shuman sees the current system as an “economics of misery,” he said in a phone interview from Washington, D.C.
“Many people all over the planet are coming to very similar realizations about our economy” — an economy that is at the root of inequality and climate change, Shuman said. Shuman, author of the recent books “Local Economy Solution” and “Local Dollars, Local Sense: How to Move Your Money from Wall Street to Main Street and Achieve Real Prosperity,” envisions an economy of small, local businesses, which he says have been proven to reduce inequality and multiply the wealth of a community…
“We’ve won the arguments about the profitability and the competitiveness of small businesses and their virtues and we’ve won the arguments about why economic development policy needs to shift, but despite all of the success that we had, 99 percent of people’s money in terms of investment is going into the wrong place,” Shuman said.