from the horses mouth

posted April 5, 2017

Okay, so perhaps we don’t like to repost to some of the bigger, traditional purveyors of economics, but here is a podcast on alternative local currency coming at you from Bloomberg…

The episode focuses on BerkShares, which is currency started in the Berkshires, MA. If you’re familiar with E.F. Schumacher (Small is Beautiful) you may also know that his thinking inspired some very cool projects that continue to this day. One such initiative is the local BerkShare, one of the longest running and successful alternative currencies in the US.

So, back to Bloomberg – here is one of the largest US media publications ,that focuses on the economy (re: free market), taking the time to look at local currency. Hey, that’s pretty good news and it’s also a very informative and interesting podcast!

Give it a listen here.


jane jacobs: citizen economist

posted May 6, 2016

Jane Jacobs

We tend to take it for granted that nature—being basic to everything—is the place to begin when we try to understand regional economies. The given natural attributes of a region certainly do explain much about subsistence economies: why some people eat seals and caribou while others eat dates and goats; why herders in some places stay put beside their fields while others traipse back and forth between summer and winter pastures; why some people shelter in thatch and mats while others build with stone and timber; why some spin wool, others cotton, and so on. But interesting as such economic travelogues are, they don’t go far to explain even subsistence economies. For one thing, they don’t explain why these are subsistence economies instead of something else.

To read more, click HERE!