Time Banks summary

Posted Posted in Banks, City council, Democracy, Economy, Government, Local economies, Social Enterprise, Transition, Uncategorized

Assembled because of the 15th October, Public Timebanking event in Birmingham The world’s first time bank is said to have been established in 1973 by a Japanese woman. The benefits that older time bank members derived included formation of new friendship networks to replace those lost by retirement and the chance to use old skills and learn new ones. Time […]

Will beneficial alternatives emerge from the Greek crisis?

Posted Posted in Import substitution, Local economies, Localism, Planning, Regional economies, Transition

Andrew Simms of the New Economics Foundation thinks so, commenting: “While disaster reveals a society’s economic and social weaknesses, it also reveals where true resilience and real value can be found – in the ability of people to cooperate at the local level to meet a community’s needs”. Localise West Midlands’ Localising Prosperity programme suggests that approaches to economic development […]

Reviving a genuinely local entrepreneurial culture

Posted Posted in Banks, City council, Democracy, Devolution, Economics, Economy, Energy, Finance, Local economies, Local government, Localisation, Microfinance, Planning, Procurement, Regional economies, Renewable energy, Transition, Waste

Innovative thinkers often have to wait ten to twenty years before their concepts become mainstream. Two years ago David Boyle (New Economics Foundation) listed ten linked propositions, many borrowed from the most successful cities in Europe and North and South America, which could effectively allow cities to take back control of their economic destiny. Agreeing with the City Growth Commission […]

At a time of ‘austerity’ for so many, are there more beneficial uses for taxpayers’ money than mega airports and HS2?

Posted Posted in Economy, Energy, Environment, Globalisation, Government, High Speed 2, Transport

In the FT today, James Skinner, chairman emeritus of the New Economics Foundation, asks fundamentally important questions about a stance often adopted by politicians with an interest in supporting multinational business. . He was prompted to do so by a recent FT editorial “A better plan for London airports”, which cited the fact that Schiphol offers more flights to China […]

Needed: the revival of a genuinely local entrepreneurial culture

Posted Posted in Economy, Local economies, Planning, Retail, Trade, Transition

David Boyle of the New Economics Foundation writes: “What kind of entrepreneurial activity is most likely to bring local recovery and local resilience? “The answer is probably not a chain store that competes in every market – the very opposite of an anchor store.  It is going to be the revival of a genuinely local entrepreneurial culture” – and some […]

Community Supported Industry

Posted Posted in Democracy, Devolution, Economy, Finance, Food, Import substitution, Local economies, Local government, Low carbon, Manufacturing, Microfinance, Mutuals, Procurement, Sustainability, Transition

Community Supported Agriculture (flourishing in Stroud) started in the USA in 1986 at Indian Line Farm in South Egremont, Massaschusetts, just a couple of miles down Jug End Road from the Library and offices of the Schumacher Center for a New Economics, a partner of the British New Economics Foundation. Their projects have included the BerkShares Local Currency Program and […]

2013 watershed: rebuilding local economies

Posted Posted in Co-operatives, Economics, Employee ownership, Environment, Local economies, Transition

A recent message came from Bob Massie, the president of the New Economics Institute, based in Massachusetts, which grew from E. F. Schumacher Society, in close partnership with Britain’s new economics foundation. It opened by saying that 2013 is likely to be a watershed year: “A tremendous number of people around the country understand that the system is broken, and […]