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Economist, attorney, and entrepreneur Michael Shuman explains how rising oil prices and alternative energy sources can benefit local businesses.
Shuman argues that local businesses rely less heavily on oil for transportation, while they are also better able to generate their own "micro-power."
Entrepreneur Michael Shuman argues one of the many causes for the subprime lending crisis was that the risk of loans were not kept local.
By likening the crisis to a game of telephone, he calls for the "re-linking of loans to place."
Entrepreneur Michael H. Shuman discusses how communities can create strong, local economies.
He suggests developing "meta-businesses," or businesses dedicated to building businesses.
Entrepreneur Michael Shuman advocates for developing "meta-businesses," which promote investment in local economies.
Drawing from the example of a Massachusetts deli, Shuman argues that investing in local businesses can jumpstart a local economy.