Praise for Locavesting "Investing locally makes sense as long as you do it with your eyes wide open. And this book is a realistic up-to-the-minute exploration of the field. After all, it was the local community that invested in Ben & Jerry's--and it worked out pretty well for them."
--BEN COHEN, cofounder of Ben & Jerry's
"An inspiring look at what local businesses can achieve."
--JOSEPH E. STIGLITZ, 2001 Nobel Laureate
"Buy this book before the Securities and Exchange Commission (SEC) bans it! "Locavesting" demolishes the myth that the best investment options lie in the financial-doomsday machine we call Wall Street. Fasten your belt for a mind-blowing journey where you will learn about dozens of highly profitable community investment opportunities. Amy Cortese takes you on a breathtaking ride."
--MICHAEL SHUMAN, author of "The Small-Mart Revolution" and "Going Local"
We have witnessed the failings of an unfettered free market system, tallied in lost jobs, stagnant wages, rising inequality, and languishing Main Streets. Isn't it time for a backup plan?
"Locavesting" is a call to rethink the way we invest, so that we support the small businesses that create jobs and healthy, resilient communities. Just as "Buy Local" campaigns have found that a small shift in purchasing to locally-owned enterprises can reap outsized benefits for a local economy, so, too, can a small shift in our investment dollars. Amy Cortese explores the revolution in citizen finance taking root across the country, and shows how local investing can help rebuild our nest eggs, our communities and--just perhaps--the country.