Fridays at Restoration Nation: The New and the Oldish New

How do we get to “an economy that restores”?

Go over to the Woohoo Report and read this post about Kiva.

I think this kind of collaboration may be the future of restoration. Why? Because it restores human capital—or creates some where there was none—and it’s done by ordinary people lending and borrowing. It doesn’t require too much government intervention.

I give a little bit of money to charity. But this way I could give and give again. I could interact with different people, maybe even go meet them someday.

And while you’re there, give some money to those Central American butchers.

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I also like the idea behind InvestBX, a local stock exchange in England. Or, I guess I should say, a “local-virtual stock exchange.”

Local-virtual is a bit of a mouthful, isn’t it?

I can’t remember where I read about InvestBX, but the article said there used to be lots of local stock exchanges. According to the article, the purpose of InvestBX “is to help small to medium businesses raise capital for growth, in exchange for shares.”

(Is there a difference between a stock market and a stock exchange? If so, would someone please explain it to me?)

2 thoughts on “Fridays at Restoration Nation: The New and the Oldish New

  1. Innovative idea, and I believe the market is the physical reality of commerce, while the Exchange is where the crooks go to exploit it. :)

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