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Main Street
Featured Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Apr 26, 2013

Locally owned businesses can help communities thrive — and survive climate change

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/locally-owned-businesses-communities-thrive-survive-climate-change/

Cities where small, locally owned businesses account for a relatively large share of the economy have stronger social networks, more engaged citizens, and better success solving problems, according to several recently published studies. Continue reading

urban-steet-biz
Featured Article filed under Independent Business | Written by Stacy Mitchell | 5 Comments | Updated on Jul 18, 2012

Local Ownership Makes Communities Healthier, Wealthier and Wiser

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/local-ownership-healthier-wealthier-wiser/

Most policymakers don’t imagine that their economic development decisions will affect such things as voter turnout or the prevalence of chronic disease. But a growing body of research is finding that scale and ownership of business matter in ways that extend far beyond economic outcomes. Continue reading

BBS-Comics-People
Resource filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Aug 24, 2007

Declaration of Independents — Lecture

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/declaration-independents-2/

This lecture was delivered by Stacy Mitchell at the 26th Annual E.F. Schumacher Lectures in Stockbridge, Massachusetts. Continue reading

Article filed under Independent Business | Written by Stacy Mitchell | 2 Comments | Updated on Jan 22, 2007

Wal-Mart Destroys Social Capital, Study Finds

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/walmart-destroys-social-capital-study-finds/

"Our results indicate that the presence of Wal-Mart depresses social capital stocks in local communities," concluded Goetz and Rupasingha in their study, which was published by the American Journal of Agricultural Economics. The implications include both a weakened social fabric and "real costs for communities in the form of reduced economic growth."

The study examined both communities in which new Wal-Mart stores were built in the 1990s and those that already had a Wal-Mart at the beginning of the decade. The study controlled for other variables known to affect social capital stocks in a community, such as educational attainment.

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