Is Buy Local an Effective Economic Strategy?

Nevada County over the years has promoted buy local as an economic strategy. The question in my mind has always been is this an effective strategy? I follow the Mercatus Center’s Everyday Economics video series and one of the top questions ask by the participants is “Are We Better Off if We Buy Local?

Professor Don Boudreaux answers the question in this video:

It appears that Nevada County needs to re-think Buy Local.  I highly recommend the Everyday Economics video series.

About Russ Steele

Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.
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