Ep. 50 Vicinity HQ: The Myths and Trends of Local Economics with Michael Shuman

<p>Find all of Michael's workshops, books and speaking/consulting information on his website: <a href="michaelhshuman.com">michaelhshuman.com</a></p><p>Timestamps:</p><p>5:06 - Myths about small businesses & local economics </p><p>6:17 - 2 examples/studies</p><p>7:08 - 60-80% of jobs are locally owned biz</p><p>7:21 - Local biz are competitive but our investments don't match up</p><p>8:10 - The capital market failure</p><p>8:24 - Why securities laws were passed and what the effect was for small business</p><p>9:35 - Why we are biased towards big corporations in ED</p><p>14:24 - The LOIS and TINA concept - local ownership and import substitution</p><p>17:52 - Local businesses are alot more competitive than we think. </p><p>18:06 - The movement of our economy from goods-centered to services-centered</p><p>19:51 - It doesn’t make sense to ship water</p><p>21:30 - The effects of local communities no longer being limited to natural resource businesses</p>