The Role of the Individual in Localizing Money Issue and Credit Creation

The collection of lectures and publications from the Schumacher Center for a New Economics represents some of the foremost voices on a new economics.

Explaining how we as individuals relate to the complex worlds of Money and Capital, Christopher Houghton Budd shows that an understanding of these aspects of the monetary world as well as an awareness of the importance of accounting give new meaning to the maxim, "Think Globally, Act Locally," both in terms of macro-economic realities and micro-economic desicion-making, and outlines how these two are linked. He concludes with profound advice for those who care about investing their money in ways that truly make a difference at the local level.