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...particular product-say, socks-this signals an opportunity for someone local to make and sell socks. This is the way product innovations get made, says Witt. "The local producer adds creative elements that make either the product or materials used more appropriate to the place." For example, an area where sheep are raised might make lambs wool socks and other goods...
...Another argument for buying local is that it enhances the "velocity" of money, or circulation speed, in the area. The idea is that if currency circulates more quickly, the money passes through more hands-and more people have had the benefit of the money and what it has purchased for them. "If you're buying local and not at a chain or branch store, chances are that store is not making a huge profit," says David Morris, Vice President of the Institute for Local Self-Reliance, a nonprofit economic research and development organization based in Minneapolis and Washington, D.C. "That...
...really make sure money stays in the community is through creating a local currency. Christian Gelleri, a former Waldorf high school teacher in the Lake Chiem area in Germany, has launched a regional currency, the Chiemgauer, equivalent in value to the Euro. According to Gelleri, the Chiemgauer, accepted at more than 600 businesses in the region and with about $3,000,000 Euros worth in circulation, has three times the velocity of the Euro, circling through the economy an average of 18 times a year as opposed to 6. One reason for the fast turnaround is that the Chiemgauer...
...intersection of two country roads 50 years ago is now a two-tiered interchange with 10 lanes of traffic-choked hell; try to cross it on foot, and you're taking your life into your hands. Located about 14 miles west of downtown Washington, the nearly 1,700-acre area is home to fortresses of unfriendly buildings surrounded by oceans of parking lots, as well as single-story car dealerships, strip malls, fast-food joints, highways and a big toll road. Pedestrians are personae non gratae here. What few sidewalks exist often abruptly...
...explosives are smuggled in from Pakistan, intelligence officials say. There are, however, some troubling exceptions. One U.S. military officer in Afghanistan explained that, over the summer, coalition convoys transiting through Wardak province were being targeted with unusually powerful bombs. Some of the explosives recovered from weapons caches in the area bore Chinese markings, identical to those being used by contractors working on a new road through a hostile river valley. It was later learned that employees had sold ordnance to local insurgents in exchange for security guarantees...