Princeton Public Library

Locavesting, the revolution in local investing and how to profit from it, Amy Cortese

eng

Includes bibliographical references (p. 227-241) and index

index present

non fiction

Locavesting

bibliography

676726349

Amy Cortese

the revolution in local investing and how to profit from it

"How individuals and communities can profit from local investing. In the wake of the financial crisis, investors are faced with a stark choice: entrust their hard-earned dollars to the Wall Street casino, or settle for anemic interest rates on savings, bonds, and CDs. Meanwhile, small businesses are being starved for the credit and capital they need to grow. There's got to be a better way.. In Locavesting: The Revolution in Local Investing and How to Profit from It, Amy Cortese takes us inside the local investing movement, where solutions to some of the nation's most pressing problems are taking shape. The idea is that, by investing in local businesses, rather than faceless conglomerates, investors can earn profits while building healthy, self-reliant communities.. Introduces you to the ideas and pioneers behind the local investing movement. Profiles the people and communities who are putting their money to work in their own backyards and taking control of their destinies. Explores innovative investment strategies, from community capital and crowdfunding to local stock exchanges. With confidence in Wall Street and the government badly shaken, Americans are looking for alternatives. Local investing offers a way to rebuild our nest eggs, communities, and, just perhaps, our country."--, Provided by publisher

Introduction: Cereal milk for the Gods -- I: The economics of local -- Motherhood, apple pie, and political theatre : how we are failing our small businesses -- Blue skies, pipe dreams, and the lure of easy money : our financial legacy and its unintended consequences -- Buy local, eat local ... invest local : reconnecting investors and businesses -- The local imperative : leveling the playing field -- Experiments in citizen finance -- The last real baker? : relationship banking is not dead - yet -- The biggest-impact financial sector you've never heard of : community development loan funds reach out to individual investors -- A model to LIONize : how one pacific northwest town engineered a quiet revival -- Community capital : it takes a village, or a police force, or perhaps some farmers -- Pennies from many : when social networking met finance -- Slow money : finance for foodsheds -- From brown rive to biofuels : co-ops on the cutting edge -- The do-it-yourself public offering : the allure of public venture capital -- Back to the future : the rebirth of the local stock exchange