Word: nef
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
What's the point of all this pretty, community-printed currency? Money spent at locally owned companies tends to create more business for local suppliers, accountants, etc. The New Economics Foundation (NEF), a London think tank, compared the effects of purchasing produce at a supermarket and at a farmer's market and found that twice the money stayed in a community when folks bought locally. A study of Grand Rapids, Mich., released last fall by consulting firm Civic Economics, concluded that a 10% shift in market share from chain stores to independents would yield 1,600 new jobs and pump...
...says, noting that when money is spent elsewhere-at big supermarkets, non-locally owned utilities and other services such as on-line retailers-"it flows out, like a wound." By shopping at the corner store instead of the big box, consumers keep their communities from becoming what the NEF calls "ghost towns" (areas devoid of neighborhood shops and services) or "clone towns", where Main Street now looks like every other Main Street with the same fast-food and retail chains...
...produce at a supermarket vs. a local farmer's market or community supported agriculture (CSA) program and found that twice the money stayed in the community when folks bought locally. "That means those purchases are twice as efficient in terms of keeping the local economy alive," says author and NEF researcher David Boyle. (See the top 10 food trends...
...pushing the implementation of a set of national wellbeing accounts that would tote up life satisfaction and personal development as well as issues such as trust and engagement. The accounts would also include liabilities, such as stress and depression. The logistics won?t be hard, says Hetan Shah of NEF, because much of the data is already captured by the government. In 2002, the Strategy Unit, an internal government think tank that reports to Prime Minister Tony Blair, conducted a seminar on life satisfaction and its public policy implications. Shah says Germany, Italy and France are also looking into...