Posts

Small Banks, Big Benefits (Episode 16)

Small Banks, Big Benefits (Episode 16)

Nick Stumo-Langer

April 13, 2017

In this episode of the Building Local Power podcast, our guest is Justin Dahlheimer, president of a community bank in west-central Minnesota. Justin and our hosts discuss the benefits of community banking, and how banks lend differently when they have a vested stake in their community.         READ MORE


A Tool to Find Banks that Invest in the Local Economy

A Tool to Find Banks that Invest in the Local Economy

Olivia LaVecchia

October 8, 2015

A new tool called Bank Local, which was developed with input from ILSR and other experts, makes it easier to assess the impact that banks have on their communities.         READ MORE


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

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

Stacy Mitchell

September 1, 2015

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


In Depth

Understanding the Small Business Credit Crunch

Understanding the Small Business Credit Crunch

Stacy Mitchell

April 16, 2014

Even as their big competitors are awash in capital, many locally owned businesses are struggling to secure the financing they need to grow. This analysis finds that, since 2000, bank lending to large businesses is up 36 percent, while small business loan volume has fallen 14 percent and "micro" business loans — those under $100,000 — have plummeted 33 percent.               READ MORE


Recently Posted

Come Work With Us! Seeking a Researcher & Writer for ILSR’s Community-Scaled Economy Initiative

Come Work With Us! Seeking a Researcher & Writer for ILSR's Community-Scaled Economy Initiative

ILSR

June 7, 2018

We're hiring! We're excited to announce a job opening for a Research Associate with our Community-Scaled Economy program, which challenges concentrated corporate power and advocates for policies to rebuild the economic power and capacity of local communities. This is a terrific opportunity for someone passionate about building just, sustainable, and local economies. Take a look at the full job posting, and please do help us spread the word about the opening.READ MORE


Featured

Why Small Businesses Matter for Workers

Why Small Businesses Matter for Workers

Stacy Mitchell

April 18, 2018

Small businesses are sometimes criticized as being bad for workers — but that idea is wrong. In this piece, we look at how small and large businesses compare on concrete metrics like wages, and find that in some industries, including rREAD MORE


In Long-Awaited Case This Spring, U.S. Supreme Court Has Opportunity to Correct the Law on Sales Tax

In Long-Awaited Case This Spring, U.S. Supreme Court Has Opportunity to Correct the Law on Sales Tax

Olivia LaVecchia

April 3, 2018

This month, the U.S. Supreme Court will hear arguments in a case on sales tax collection that could — long after online commerce has transformed the retail sector in the United States — finally give states the authority to require onlREAD MORE


In Cities Around the Country, New Action on Commercial Affordability

In Cities Around the Country, New Action on Commercial Affordability

Olivia LaVecchia

March 27, 2018

As independent businesses are grappling with the rising cost of rent in many U.S. cities, a new strategy is catching on: Policies that set-aside space for local businesses in new development. Here's a look at three new programs that showREAD MORE


6 Ways to Rein In Today’s Monopolies

6 Ways to Rein In Today’s Monopolies

Stacy Mitchell

February 16, 2018

Monopolies are strangling competition and cutting off opportunity. In this feature for The Nation, we show how to stop them.              READ MORE


Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market

Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market

Stacy Mitchell

February 15, 2018

This cover feature for The Nation looks at how Amazon is a radically new kind of monopoly with ambitions that dwarf those of earlier empires, and what we should do about it.       READ MORE


In Depth

Report: How Amazon’s Tightening Grip on the Economy Is Stifling Competition, Eroding Jobs, and Threatening Communities

Report: How Amazon’s Tightening Grip on the Economy Is Stifling Competition, Eroding Jobs, and Threatening Communities

Stacy Mitchell

November 29, 2016

Amazon has quietly positioned itself at the center of a growing share of our daily activities and transactions, extending its tentacles across our economy, and with it, our lives. In this report, we pull back the curtain on the company, and find that it's at the center of increasing inequality and diminishing opportunity, and that it's concentrating power in ways that endanger competition, community life, and democracy. We also examine how public policy should address Amazon's high costs.      .      READ MORE


How Rising Commercial Rents Are Threatening Independent Businesses, and What Cities Are Doing About It

How Rising Commercial Rents Are Threatening Independent Businesses, and What Cities Are Doing About It

Olivia LaVecchia

April 20, 2016

As the cost of leasing commercial space soars in many U.S. cities, this report examines what's behind the skyrocketing rents and explores six broad policy strategies that cities are proposing to keep space appropriate and affordable for independent businesses.                READ MORE


Monopoly Power and the Decline of Small Business

Monopoly Power and the Decline of Small Business

Stacy Mitchell

August 10, 2016

The U.S. is much less a nation of entrepreneurs than it was a generation ago. In this report, which won an award for antitrust scholarship in 2017, we suggest that the decline of small businesses is owed, at least in part, to anticompetitive behavior by large, dominant corporations. The report presents three reasons to bring a commitment to fair markets for small businesses back into antitrust policy, and concludes by outlining specific steps to do just that.          READ MORE


Community Banking Resources