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small downtown main street local businesses and economy

Gimme Shelter (With Local Investment)

“Ooh, a storm is threatening My very life today If I don’t get some shelter Ooh yea, I’m gonna fade away.” – Rolling Stones We interrupt this election nail-biter for a special news flash:  No matter who wins the presidency, the country is facing a staggering housing crisis. Even before

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small downtown main street local businesses and economy

Vote Against Fake Economic Development

As you deliberate over your ballot decisions in the next few days, one choice should be easy: Ask whether any candidate favors giving away taxpayer money to attract global companies.  If the answer is “yes” – even a squishy conditional “yes” – throw the bum out. I have no clue

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Put Down the Brick…

The summer of 2020 may be receding, but it now feels like the beginning of another summer, 1914, when a Serbian nationalist assassinated the heir to the Austro-Hungarian empire, Archduke Franz Ferdinand. What could have been an isolated tragedy escalated because of rigid alliances, heavy arms buildups, and stubborn pride. 

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small downtown main street local businesses and economy

Local Investment Strategy #4: Pay Your Mortgage Faster

(This blog is part of a 12-part series on emerging opportunities for local investment that are especially important in the post-COVID era.  It’s drawn from my new book, Put Your Money Where Your Life Is.) —– In my last blog, I argued that if you have any significant savings to

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small downtown main street local businesses and economy

Local Investment Strategy #3: Become a Homeowner

(This blog is part of a 12-part series on opportunities for local investment that are especially important in the post-COVID era.  It’s drawn from my new book, Put Your Money Where Your Life Is.) The COVID economy is riddled with bad news, but there is one bright spot: Interest rates

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small downtown main street local businesses and economy

The 10 Dumbest Phrases Used By Economic Developers

ED.  Everyone’s got it, and no one wants to talk about it.  I’m referring, of course, to the wonderfully loopy world of economic development.  While no blue pill can cure it, you might be able to help. Below are ten common phrases used by economic developers that suggest they are

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small downtown main street local businesses and economy

What Are Wall Street’s Typical Returns (and a Mea Culpa)

If you read columns by financial advisors or listen to their radio shows or podcasts, you will find no shortage of bullish prognosticators who will tell you that if you patiently leave your money in the stock market for many years, you can expect a rate of return of 10%,

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7 Ways to Grow Your Economy Now

A tidal wave of red ink, precipitated by COVID-19 shutdowns, is now drowning towns, cities, and counties across America. Massive cuts in services loom ahead, as do huge tax hikes.  Localities face unprecedented challenges in rebooting their economies. Where I live, in Montgomery County, Maryland, the County Executive recently empaneled

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Three Free Events in the Next Two Weeks

If you are going stir-crazy spending your summer indoors, I can help. Here are three events, dear friends, I hope you will consider attending. All local-economy related. All free. All filling up fast! First, I will participate with my dear friend Judy Wicks this Thursday, July 9, at 2 pm

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The Small Street Journal

The Small Street Journal Brought to you by The Main Street Journal, The Small Street Journal highlights actionable opportunities for small investors to support local companies. Company Sector Location Raise Target Portal Offering Description Amped Innovation Renewable Energy San Mateo, CA Raising $5M at $55M pre-money valuation cap. Republic Amped

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small downtown main street local businesses and economy

Local Investment Strategy #2: The People You Love

(This blog is part two of a 12-part series on emerging opportunities for local investment that are especially important in the post-COVID era.  It’s drawn from my new book, Put Your Money Where Your Life Is.) Last week I talked about how investing in yourself by paying off your credit

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Books written by Michael Shuman about community economics and the local economy

When I’m 64…

If I’d been out till quarter to three Would you lock the door Will you still need me, will you still feed me When I’m sixty-four. – The Beatles   If ever there were an inauspicious week for the release of my latest book, PUT YOUR MONEY WHERE YOUR LIFE

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Michael H. Shuman

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