Anyone have links to studies about benefits for buying locally?

[benevolent dictator]

My group is looking for credible sources that talk about the benefits of shopping at locally owned businesses vs. big box stores. It doesn't necessarily have to be a study about that, just a fact or statistic or something to support shopping locally. We're having a hard time finding credible sources, so any and all help would be much appreciated.

[applegrove]

1. If you buy from a locally owned store - they go shopping in your

neighborhood and support other stores. Capital is created in your neck of the woods and it gets lent out to other small businesses in the area. And it grows. If you shop only at :( - that wealth goes straight to a few people who then invest it in other :( stores who take jobs away from local people (good paying ones) and bankrupt local businesses. Plus :( family likely invests their wealth in oil stocks or such things in the New York Stock exchange. And you do not even know if the money is being reinvested in America.

[benevolent dictator]

3. Yep, thank you. It's more that we need sources though...

we know all of the reasons to shop locally...but we can't find credible sources to link back to.

[applegrove]

6. There is some guy from South America who writes about Capital

and development of poor nations. And why it is the lack of capital creation local wealth that keeps most of the world's poor poor. Where there is considered and long investment in situations to help small business - the poverty drastically improves. He is a favorite of Bill Clinton's.

I will try to find that for you.

He has done studies. And with lack of fair laws and bribery used to let the rich get around weird laws - it is only the very rich who succeed. Many of his studies could be applied to the capital flight that takes place when :-( comes to your town.

[idlisambar]

7. Hernando de Soto n/t

[applegrove]

8. Thank you! With all the profits from local shopping not going to

local investment - all that wealth..it is a leach on the local economy. Just the opposite of what De Soto says Africa & Latin Americans need to get their economies going.

More of the money in the hands of the rich is a bad thing.

The USA is already right beside Mexico & Russia in terms of distribution of wealth. That is really bad.

[benevolent dictator]

10. Thanks!

If you can find that study great, thanks, I'd totally appreciate it, if not I'll try looking around when I get home from work...

[applegrove]

11. I think De Soto has written many books on the issue.

Don't know where one would get access to the underlying studies. He goes into lack of deeds for land too. That may be a fallout from :-( too. That when the local businesses go caput - all manner of wealth be it commercial real-estate or not - is lost to people in your neighbourhood.

The big difference between the two situations is that local people may be in the stock market too and own shares of :-( . But I fail to see how stock market investment improves as wages go down and private proprietorships tank in your neck of the woods.

[kanrok]

2. Here's something interesting:

http://www.sustainabletable.org/issues/buylocal/

[benevolent dictator]

4. Thank you! nt

[benevolent dictator]

5. kick

[loftycity]

9. Goggle Catherine Austin Fitts or Solari.com