Shuman talk in Valley News
November 10, 2013
Post Carbon Fellow Michael Shuman’s presentation at the Building A Local Economy event in Vermont was reported in The Valley.
From the article:
When author and economist Michael H. Shuman spoke to about 100 people at the Building A Local Economy program last month at the Chandler Music Hall in Randolph, he had 10 suggestions for creating a new economy in Vermont, a state he said had an advantage over other states because of its size and ability to focus on key factors.
Among the suggestions: create a state stock exchange; offer tax credits for local investments; change state laws to allow pension funds to invest in solid local businesses, create financial co-ops, credit unions and land trusts; allow co-ops and community investment funds; and start a public bank.
“Rather than occupying Wall Street, the key is to divert Wall Street,” Shuman said during the program.