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Sign Up in Your Local EconomyWill Raap understands that the creating of a new economy is a complex endeavor. "Green" products manufactured with care for the environment are an important element of the new economy story -- but only a part. Sharing profits with those who labored to make the products is another part of the rebalancing of our economic system to one that is fair and sustainable. And then with the financial capacity that the new wealth creates, investing in the restoration of...
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An Economics Embodying Our Highest Ideals
On June 5th the New Economics Institute held its founding meeting. Guests helped imagine the future of the Institute -- its vision, its programs, the urgency of its realization. Members of the board of directors outlined future projects:
1. Launching a new economic model of an economy that works and thrives despite dwindling resources (Gus Speth).
2. Developing the Happy Planet Index as a better measure of success (Stewart Wallis).
3. Developing new economic teaching... -
Democratic Dignity
Local currencies are designed to encourage trade at locally owned businesses. At the same time their very design can reflect and honor the history and culture or an area. This is true of BerkShares. On the 20 BerkShare note, for example, you find Herman Melville, novelist, essayist, poet, and mariner. Melville is best known as the author of one of the greatest of all American novels, “Moby Dick” (1851). Written at his Arrowhead farmhouse in Pittsfield,...
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A New Economics for a New Environmentalism
In his lecture "A New American Environmentalism and the New Economy," delivered in January to the National Council for Science and the Environment, Gus Speth argues that if environmentalists are to achieve their goals, they must join with social activists, cultural innovators, and neighborhood advocates in creating a New Economics -- one that shares wealth, encourages diversity and decentralization of production, is responsible to the environment, and puts...
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A Great Transition
There is no doubt that the number of new ideas emerging in the field of humane, sustainable economics is accelerating. But complete blueprints are still pretty few and far between. Even so, our British colleagues, the New Economics Foundation (nef), have tested the waters with exactly that.
Their outline is impressive and hopeful. It still requires the econometric framework for a sustainable model of the economy and it requires a...
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Small Change/Big Impact
"Lowly, unpurposeful, and random as they may appear, sidewalk contacts are the small change from which a city's wealth of public life may grow." --Jane Jacobs from "The Death and Life of Great American Cities."
One of the features of BerkShares, the local currency circulating in the Southern Berkshire region of Massachusetts, is that it fosters this wealth of sidewalk contacts.... -
An Economics Informed by Salmon
Imagine if leading economists spent time in the wilderness. Perhaps the chair of the Federal Reserve could spend an afternoon standing at the mouth of the Tsiu River on central Alaska's little explored lost coast, as the sleek bodies of silver salmon everywhere swelled upstream pushing against him.
Andrew Kimbrell, driven by his personal experience of the Coho salmon on the Pacific Coast, is on a quest for an economic ecology, a consideration of our economic system as... -
Currency Recirculation Equals New Jobs
The Christian Science Monitor quotes Schumacher Society on currency recirculation as a jobs development tool.
http://features.csmonitor.com/economyrebuild/2009/12/01/‘buy-local...
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Mondragon: Reclaiming Regional Production Capacity
Judith Schwartz's article on the Mondragon Cooperatives was posted today at Miller-McCune.
The loss of productive capacity and skills leaves regional economies vulnerable. Mondragon provides an example of how to reverse that trend and create new jobs.
http://... -
Schumacher lectures/Amherst Community TV
Ernie Urvater of Amherst Community TV filmed the 2009 E. F. Schumacher Lectures in Stockbridge, Massachusetts. His films of Bill McKibben and Benjamin Barber's talks will be aired on ACTV.
Scheduled times for the airings are below. You can also stream the shows from the links below.
We hope you enjoy these presentations as much as those attending the lectures enjoyed and were inspired by them.
Benjamin Barber
11/23/2009 at 12:00 PM
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Ralph Nader/Nov 28/Stockbridge MA
Ralph Nader has helped us drive safer cars, eat healthier food, breathe better air, drink cleaner water, and work in safer environments for more than four decades. "The Atlantic" named him one of the hundred most influential figures in American history.
Mr. Nader's new book "Only the Super-Rich Can Save Us!" is a work of fiction but it rests on the fervent hope and belief that if we all, as engaged citizens, turn our talents and resources to the most... -
Brief Introduction to the BerkShares Currency
Over the past year BerkShares has received an incredible amount of media attention. The Wall Street Journal, Al Jazeera, BBC News and even Fox News have all covered our local sustainable currency. Enjoy this brief collage of media coverage:
Introduction to BerkShares -
Economic Ideas that Matter/Jane Jacobs
Judith Schwartz turns to Jane Jacobs for ideas that matter when it comes to economics. See her Miller-McCune article below.
http://www.miller-mccune.com/business_economics/what-jane-jacobs-can-tea...
What Jane Jacobs Can Teach Us About the... -
Everyone is an Activist
In this fragile economy discussion of a new, re-envisioned, economics is a common topic, bridging political affiliations. People are eager to join in practical action that addresses a system in crisis, driving an activism in which every citizen is a participant.
For twenty-nine years, the E. F. Schumacher Society, joined by a circle of partners and allies, has imagined, implemented, and shared information about citizen-initiated projects for shaping sustainable local economies.... -
Manufacture Goods, Not Needs
As part of his vision for diverse regional economies, E. F. Schumacher advocated for production and manufacturing from local resources for local needs. “It is not a question of choosing between modern growth and traditional stagnation,” Schumacher advised, but rather “of finding the right path of development, the Middle Way between materialist heedlessness and traditionalist immobility…” More than ever before, the current economic crisis implores us to identify...
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David Boyle at launch of Brixton Pound
David Boyle is one of the senior staff at the New Economics Foundation in London and well known for his writings on local currencies. He is part of the NEF team working with the E. F. Schumacher Society to form the New Economics Institute in North America.
David gave the following address last week at the launch of the Brixton Pound.
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The Most Important Number in the World
Concept2 Rowing and the Craftsbury Green Nordic Racing Program are organizing a worldwide rowing/skiing challenge that will cover 350 million meters all before October 24. Volunteers in Panama City’s Parque Nacional Soberania gathered to plant 350 native species trees and almost doubled their target. Community members are gathering in Vancouver for a 350-person salsa dancing extravaganza. Five thousand school children in the Netherlands created a large installation using their bodies...
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Washington Post on BerkShares and Brixton Pound
Today's "Washington Post" credits BerkShares local currency with inspiring launch of the Brixton Pound as a citizen-driven economic development tool in London's poorest neighborhood.
http://www.washingtonpost.com/wp-dyn/content/article/2009/09/26/AR200909...
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Transitioning to a New Economy
We are pleased to announce speakers for this year's Annual E. F. Schumacher Lecture program on October 17th, 2009, in Stockbridge, Massachusetts and invite you to attend (http://www.smallisbeautiful.org/events/29th.html). Bill McKibben, Benjamin Barber, and Alisa Gravitz have each made important contributions in articulating characteristics of a new economy.
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When you damage the outer world, you damage the inner world
Father Thomas Berry first spoke for the Schumacher Society in 1984, then again in 1991, and finally in 2004.
An inspired student of Teilhard de Chardin, he was deeply in love with the planet itself, as a living being. Its visible signs of deterioration grieved him. Concerned, he thought at first to use his gift of speech to describe the scope of Earth's devastation, believing that such a picture would lead his listeners to acts of restoration.
But his approach...
