December 2009

Illinois Town Battles Online Shopping With Offline Incentives

NBC Chicago - B.J. Lutz, Phil Rodgers - If you like a locally-owned business if your community, patronize it. That's
the message the South West suburb of Lemont is actively promoting in an
effort to keep local money local.

Officials have asked the village's 17,000 residents to pick three local
businesses they would miss if they were gone and to spend at least $50 per
month there to help them to survive.

Think Global, Spend Local

Whole Life Times - Maria Fotopoulos - In 1932, while the world struggled through the Great Depression, a small
Austrian town tried an economic experiment. To stimulate the local economy,
leadership in Wörgl created its own local currency, or scrip, known in
German as freigeld (literally, free money).