New Economics…

New Economics recognises that a neighbourhood’s non-monetary assets – its diversity, history, distinctiveness, neighbourliness, know-how, enthusiasm – are as important as money to its economic success. The way that money flows around the economy, and whether it stays circulating or flows away, is as important as the total amount of money.

Diverse ecosystems are more resilient to shocks in just the same way as diverse local economies…

David Boyle & Andrew Simms – New Economics, P.173

Advertisements

Leave a comment

Filed under ARC552 - Studio

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s