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


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