Stop Cluster-f**king Communities

Please, no! Not another economic development study on how to expand the local clusters!  Haven’t we learned anything about the fragility of global dependencies from this pandemic? Last week, I spent several hours reading two recent economic-development studies done for Ulster County, New York. One was entitled “Food and Agriculture Cluster Development.”  It was a

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The Case Against Dumb Localization

Congratulations, fellow localizers!  Our arguments are winning!  Why else would the globalization elite be going out of their way to attack us? The lead editorial of the November 7th issue of the Economist skeptically asks, “Why Is the Idea of Import Substitution Being Revived?”  Import substitution, of course, is a technical term for localization, where

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Last Week’s Big News

No, not the election.  But a revolutionary change in securities law. Last week, in a 3-2 decision, the Securities and Exchanges Commission (SEC) tweaked a bunch of regulations concerning investment crowdfunding.  The headliner change increased the maximum amount a company can raise in a year from $1 million to $5 million, which means that many

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My Latest Book

“As so many Americans feel powerless to confront a financial system designed to serve the few, Shuman offers us real choices: tools that align our lives with our values. That’s power. I love this highly readable, timely, surprising book.” 
–Frances Moore Lappé, author of Daring Democracy and Diet for a Small Planet 

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Calendar of Events

December 14: ABCs of Local Investing in Montana, hosted by the Center for Community Ownership.