How to Build Local Economies Strong Enough for Everyone

from @GRITlaura http://www.yesmagazine.org/commonomics/welcome-to-commonomics-how-to-build-local-economies-strong-enough-for-everyone

Stacy Mitchell, director of independent business and community banking initiatives at the Institute for Local Self-Reliance, says "local" varies by sector of the economy. Retail and banking businesses can be considered local if the owners are within a certain geographic area. But every village is not going to start making its own jet aircraft. "Talking manufacturing, you may need to be talking regional or statewide," says Mitchell.

from @GRITlaura http://www.yesmagazine.org/commonomics/welcome-to-commonomics-how-to-build-local-economies-strong-enough-for-everyone

Stacy Mitchell, director of independent business and community banking initiatives at the Institute for Local Self-Reliance, says "local" varies by sector of the economy. Retail and banking businesses can be considered local if the owners are within a certain geographic area. But every village is not going to start making its own jet aircraft. "Talking manufacturing, you may need to be talking regional or statewide," says Mitchell.