Tuesday, March 22, 2011

Keeping It Local

“What makes a local currency work is
that you spend it as fast as possible.”
Josh Freeman, Founder of North Fork Shares

The Buck Stops Here
Faced with a struggling economy, the folks in the mountain town of North Fork, California have turned to an age-old stimulus plan: they’re printing their own money. The group grew tired of seeing their community’s hard-earned bucks roll downhill to the big city of Fresno and so they gathered in a barn last year and cranked out their own currency, called North Fork Shares.

Of the Community, By the Community, For the Community
Voters in two small towns in Maine say they know best how to regulate small farms within their communities, and they’ve passed ordinances that would make small-scale farmers exempt from state and federal regulations if they sell directly to consumers. Supporters say the streamlined system will help small farms grow, but state regulators say they have the last word when it comes to rules.

If You Pay Them, They Will Build
Town leaders in Barnesville, Minnesota have been hard at work attracting folks to their community. First, they offered free lots to newcomers willing to build. Then, they sweetened the pot with utility incentives. And now—cold, hard cash: twenty-five hundred bucks to the first four people who move to their town and build a home.

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