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Economic Democracy Weekly

What if economic development were done with communities in mind? Our lead story this week comes from an economic developer from Arlington, Virginia, who calls on economic developers to focus on building local community businesses, a strategy he calls “foundational economics.” We also bring you two policy stories—one looks at President Joe Biden’s $1.8 trillion American Families Plan, and the other reports on a recent address from Federal Reserve Chair Jerome Powell to community activists. Lastly, a reader responding to last week’s survey asks us to expand our economic thinking beyond the narrow confines of “gross domestic product.”
Articles
“Two roads diverged,” Theilr


The Foundational Economy: A Message to Economic Developers


What would communities look like if the economic development industry treated local firms with the same care they provide to large corporations? Read more...
SPONSORED CONTENT
4 Easy ways to raise more online
Learn how small changes to your donation page can yield major results. See data insights from NationBuilder—software used by nonprofits worldwide.
Read more
“Cutting your Spending.” Credit: TaxCredits.net


Unpacking Biden’s Family Plan: What It Means for Child Poverty Reduction


A week ago, the Biden administration released its American Families Plan. The plan’s tax credit provisions could reduce childhood poverty through 2025 by over 40 percent. Read more...
SPONSORED CONTENT
6 ways to build effective fundraising campaigns
Read this survey report designed to help nonprofits connect with donors across generations by highlighting their shifting behaviors and preferences. 
Read the Survey here.
Policy
“Capitalism,” by Wendelin Jacober/www.mach.art. Creative Commons (CC-BY)
Fed Chair Outlines Economic Challenges at Community Development Conference

Speaking to an annual conference of community advocates, Federal Reserve Chair Jerome Powell outlines the scope and scale of the economic rebuilding challenge. Read more...

 
SPONSORED CONTENT
COVID's Effect and Influence on Grant Management
As a result of COVID-19, grantmakers and foundations were faced with a mountain of challenges and changes. In this report, discover how over 100 funders overcame the difficulties of 2020—and what their best practices are for emergency grants.
Download the report.
Economy Survey
“Banksy Store – photos from Gross Domestic Product in Croydon.” Photo: Steve Nimmons


Reader Response: Get Rid of GDP


Last week, we asked readers to respond to the prompt, “What economics term would you get rid of, and why?” Here is our favorite reply.
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