Rethinking Economic Development: The Case for Local Businesses

A Stanford-trained lawyer and economist, Michael Shuman is the world’s pre-eminent expert on local finance, sharing practical tools to reclaim wealth from Wall Street for the benefit of communities. He is a prolific speaker and advocate for policy change, and is the author of ten books including Local Dollars, Local Sense, The Small Mart Revolution and his most recent title Put Your Money Where Your Life Is.

In this interview, Michael contends with the prevailing globalist strategies for economic development and thoroughly debunks them - beating conventional economists at their own game. With a robust research base, he sketches alternate strategies for economic development that focus on supporting small-scale enterprises and local economies, promising cascading benefits for society, community prosperity and the planet.

To watch the video of this series, visit: Planet Local Voices interview series.

The music for this series is ‘Pines and Violet’, by Sky Toes.