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The Myth that ‘Buying Local’ Is Good for the Local Economy

In this just-released Everyday Economics video (a project of MRUniversity), I discuss some of the many reasons why it’s foolish to ‘buy local’ if your goal is to improve the economy of the locale in which you live.  (Thanks, as always, to my Mercatus Center colleague and stellar former student Roman Hardgrave for his excellent work in producing these videos.)