Lawyer-Free Crowdfunding in Maryland

  I’m pleased to report that crowdfunding reform has just reached an important milestone in the state where I live—Maryland.  Legislation just passed by the state legislature and signed by Governor Marty O’Malley now allows every Maryland resident to lend up to $100 to any local business with virtually no legal hassles whatsoever.  The fact …

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Wanted: Creative Localistas for State Legislatures

Over the past year probably a dozen current or aspiring state legislators have asked me for advice on what kinds of legislation they might advocate that could support local living economies.  While there’s a long list that comes to mind, here are my top ten items.  (I’ve excluded from this reforms related to community capital …

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Welcome to Loca-Topia

Thanks for dropping by.  Chances are you “surfed” here because you are interested in local economies.  And that’s the core of what you’ll find on this site: news, events, books, studies, legislation, people, conferences, and trends concerning local economies.  This is a place for anyone who believes in the power of local ownership, locally owned …

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Strategic Crowdfunding

Over the coming weeks, the long-awaited green light from the Securities Exchange Commission will usher in a new era of crowdfunding in the United States.   But a surprising new development in the field  is that many companies may turn to crowdfunding, not just for to raise capital, but to raise their profile. My friend Jason …

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Michael H Shuman