Viewing profile — bobmarino

another term for the local multiplier is the local premium, but the point being is that if you have 2 cities, one near , city L, and one far, city F, if you buy from small firms in…

so the "Big Four" have ~4.8 trillion in assets and a small business loan portfolio of ~91 billion, 1.9% of their combined assets. Small and medium sized banks (those with assets un…

Well, to address your main objection then that “the movement to buy/invest locally goes against all of economic theory.” That is not a correct statement. I would first point out th…

by the by, I'm one of the project partners

Hi, putting aside the debate over free market theory for the moment, as regards the banking industry the evidence is very clear and compelling: smaller sized banks and credit union…