HSS Week 4

The week started off with Ravi, continuing our lessons on economics – specifically discussing local economies tied with social entrepreneurship to promote healthy trade and strengthen local communities. On that same vein, we also discussed cottage industries and the logistics of possible businesses to implement on-site at Lost Valley as a hypothetical exercise. The main obstacle we encountered was the high rate of transience within the community, which doesn’t promote longevity in terms of implementing and running a business – a factor that led most of the working residents to find sources of income outside of the community. (more…)