Investing in Main Street

Guest Host:

Paul Brown
Investing in Main Street

We explore ideas for shifting money from Wall Street to Main Street, and why it might also be a smart investment.

"Buy local" is a mantra many embrace. But when it comes to investing bigger sums, most people turn to big-name stocks, bonds, and treasury bills. Author Michael Shuman argues that investing locally not only helps your community--it can pay off. And a new law will soon make it easier to put money into local businesses and organizations. There's even a movement to create local stock exchanges. We explore ideas for shifting your money from Wall Street to Main Street.

Guests

Michael Shuman

Author, "Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity;" fellow, Cutting Edge Capital, the Business Alliance for Local Living Economies (BALLE), and the Post Carbon Institute.

Trexler Proffitt

Assistant professor of Business, Organizations & Society at Franklin & Marshall College

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The Kojo Nnamdi Show is produced by member-supported WAMU 88.5 in Washington DC.