How Local Bakeries Can Save an Economy - E.F Schumacher

In this clip, E.F Schumacher discusses the need for local community prioritization rather than out-sourcing.

He remarks on how too often stimulus or development policy looks to out-sourcing and efficiency rather than strengthening local communities with perhaps inefficient but sustaining production and services.

Schumacher was a German-British statistician and economist who is best known for his proposals for human-scale, decentralized and appropriate technologies.

His two major works were Small is Beautiful and A Guide for the Perplexed.