How One State Escaped Wall Street’s Rule and Created a Banking System That’s 83% Locally Owned

Date: 1 Sep 2015 | posted in: Banking | 0 Facebooktwitterredditmail

North Dakota has a different kind of banking sector than the rest of the country does, with six times as many locally owned financial institutions per person as the rest of the U.S., and local institutions controlling 83 percent of the market. What is North Dakota doing differently? A lot of the answer is the Bank of North Dakota.… Read More

Coalition of Authors Calls for an Investigation into Amazon’s Monopoly

Date: 27 Jul 2015 | posted in: Retail | 0 Facebooktwitterredditmail

Amazon’s predatory monopoly is still unchecked, but a coalition of authors is calling on the U.S. Department of Justice to investigate it. In a 24-page letter, the coalition contends that Amazon is abusing its market power in ways that undermine competition and compromise liberty, free speech, and democracy.
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Walmart Spews a Huge Amount of Climate Pollution with Its Shipping, but Doesn’t Report Any of It

Date: 3 Jun 2015 | posted in: Retail | 0 Facebooktwitterredditmail

No company moves as much stuff across the world’s oceans as Walmart does, and the climate consequences are immense. Ferrying all those cheap TVs, T-shirts, toasters, and toys from Asian factories to ports in the U.S. and elsewhere releases huge amounts of greenhouse pollutants into the atmosphere, including both carbon dioxide (CO2) and black carbon. We’ve compiled a few key data points on shipping’s climate impact and Walmart’s dominance in the movement of goods across the world’s oceans.… Read More

How Washington Punishes Small Business

Date: 8 May 2015 | posted in: Retail | 0 Facebooktwitterredditmail

In our op-ed for the Wall Street Journal, we look at how much of our public policy seems to designed to bend the market in the favor of big corporations, and put small, independent businesses at a competitive disadvantage.… Read More

One in Four Local Banks Has Vanished since 2008. Here’s What’s Causing the Decline and Why We Should Treat It as a National Crisis.

Date: 5 May 2015 | posted in: Banking, Retail | 0 Facebooktwitterredditmail

The precipitous decline in the number of community banks in recent years is a national crisis, and there’s a fierce debate underway right now about what’s to blame.… Read More

Testimony to Congress: Overhaul Federal Policy to Support Strong Local Economies

Date: 16 Apr 2015 | posted in: Retail | 0 Facebooktwitterredditmail

This week, ILSR’s Stacy Mitchell shared her research and perspective with members of Congress at a hearing organized by the Congressional Progressive Caucus. The forum focused on how federal contracting and other forms of financial support for business should be overhauled to reflect American values of fairness, opportunity, and broad prosperity. … Read More

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