Catchy name aside, this article contains the meat and potatoes of how a regional food system can single-handedly stimulate local economies. For example…bookstores and clothing stores most often have to buy their goods from far away but food can, and should, be sourced locally. When sourced locally, $.45 of every dollar stays in the greater region versus a measly $.15 when spent at chain stores. Studies have shown that when money circulates locally, economies become stronger because there is more sales tax revenue which stimulates the economy.
In the article, Tom quotes, economist, Ken Meter. I had a brief encounter with Ken a few months ago but I had no idea he was so well-known in the field. It was during an ice breaker exercise at a Slow Food conference this past April! I had all of 60-seconds to introduce myself but knew enough from his introduction to get his business card. He has since been a tremendous help in gathering data for our North Tahoe foodshed assessment.