Curio |
On This Day | Studying the “Multiplier” Effect
Author
Josh Wolsky
Stadig used the “multiplier effect” in his study of income and spending in the Lisbon area. The multiplier effect measures the amount of income re-spent in a community once it has been brought in by one sector of the community such as agriculture, business payroll, government or other source.
1964-12-17 | Ward County Independent
Why We Chose It
The health of a local economy can be molded by the decisions of those who act in it. This is a pretty commonly accepted position these days, but not that long ago the invisible hands that shape our places were a bit more mysterious. And in case you're wondering what the take-away is.... buy local! And also... what don't we know about how small economies function today that will be common knowledge in 60 years? If we can put our finger on that, we can get ahead of the curve.
Future Happenings
Josh Wolsky
Developer & Writer @TheMinot Voice, Fan of the Souris River, SavorMinot Advocate. Fortunate to be a 'former' City Council member ;)
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