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Elm Street Economy
The Elm Street Economy encourages personal and community self-sufficiency on a regional, city-wide or neighborhood-wide basis to live, work, and shop locally. An Elm Street Economy is one that provides jobs that last, services one can depend on, and a secure future in a strong community and a healthy environment ... where people come first. The movement advocates local production of food, renewable energy and goods, affordable quality health care, a hearty, healthy environment, a less stressful way of life, and the use of alternative to cash, such as doing things yourself by learning lost skills, bartering, community currencies, community coops, time banks, swaps, and local exchange trading systems (LETs).

The Elm Street Economy is a proactive grass roots response to the uncertainty and stress on our personal and community lives from global economic instability, resource depletion, and environmental catastrophes. It is premised on the belief that a complex and globalized economy is increasingly unstable, and that sustainable livelihoods are more apt to be achieved through vibrant local economies.

The movement is best understood as a collage of buy local initiatives, the green, transition, permaculture, simplification, slow food, urban homesteading, and the new frugality and slow money movements.

Let’s Live Local in Pine Mountain, California is an example of an emerging Elm Street Economy, a non-profit organization, established by Paul and Sarah Edwards as a model for an Elm Street Economy.

Elm Street Economy is already listed in Investopedia and the Business Dictionary.

The Elm Street Economy concept is a creation of Paul Edwards and Sarah Edwards, co-authors of 17 books, including "Home-Based Business for Dummies," and two new BarCharts, "Social Media Marketing" and "How to Start A Home-Based Business." Their latest book, coming soon, is "The Working From Home Encyclopedia."