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« Ep.05/19: Steven Cornett: Partnering with Nature for Healthy Food and Soil through Regenerative Farming | Main | Ep.03/19: How InEquality Hurts Everybody—Talking with Chuck Collins of the InEquality Project »

Ep.04/19: Banker Pat Trahan--Leaving Suburb Isolation for Urban Diversity; Leaving Wall Street to Invest in Neighborhood

Simpler OneEarth Living

A co-production of Jubilee OneEarth Economics and


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In this podcast, banker Pat Trahan speaks about growth economics, the Great Recession of 2008-09, Wall Street, and investing in our neighborhood. His perspective differs from many in the banking world.

Pat tells why his family sold their suburban home in a gated community of Lafayette, Louisiana (city of 127,000) and moved into a mixed neighborhood in the city’s urban sector. As a continual student of what a functional city does, he puts to work the findings of “new urbanism.” After his family moved into an urban neighborhood, and he took his money out of Wall Street, he was able to buy a cluster of homes and create a “pocket neighborhood”—a neighborhood that fosters a sense of human community and makes the neighborhood stronger. Listen, too, to learn where a banker who takes his money out of Wall Street for reasons of conscience, ethics, and spiritual conviction invests it instead. And like so many of us, Pat wonders aloud whether that investment will sustain his household in retirement. These fascinating questions are boldly addressed in this episode.

After our session, Pat wrote to us with the following short postscript to our conversation. “I think Jubilee is the antidote to the growth-for-the-sake-of-growth model where all the lines in all the graphs move only up and to the right. My reading of the Jubilee passages is that the means of production should be redistributed and democratized on occasion. Our system only redistributes some of the fruit of production. Meanwhile, wealth and power become more and more concentrated.”

Pat has written a series of short, thought-provoking responses to the book Creative Capitalism. 

Richard Rohrer—Center for Action and Contemplation
James Howard Kunstler
CNU-Congress for New Urbanism
Chuck Marone—Strong Towns

  • * *

Join the next Jubilee Delegation to Mexico! It’s June 1-9. Going to see is the best way to understand ways that resistance to unsustainable MultiEarth living is being practiced by people in the Mexican states of Puebla and Chiapas. It’s inspiring to see the ways OneEarth living is being shaped by many low-income and Indigenous peoples. Rachel Miller-Haughton will be leading the Delegation. Let us know of your interest. You’ll go to fascinating places tourists never go … and a few they do. $1275 covers everything round trip from San Diego all the way to Chiapas and back again by way of San Mateo in Puebla. Let us hear from you. (Adjustments in costs if you cannot leave from San Diego.)

DONATE to Jubilee OneEarth Economics

Earlier Episodes

Ep. 03/19—Inequality Hurts Everybody!—Talking to Chuck Collins of

Over the last few decades 15% of U.S. wealth has been transferred from 99% of the populace to 1%. The 2018 tax revisions continue the trend—something many of us noticed as we filed 2018 tax returns. As Program Director of InEquality and the Common Good, a part of the Institute for Policy Studies, Chuck edits the “Inequality This Week” eNewsletter and has authored many books including the popular book, Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good (Chelsea Green) and his new book: Is Inequality in America Irreversible? (Oxford, UK-based Polity Press).

BONUS Podcast! Alternative Radio: Economic InEquality Kills—Stephen Bezruchka

Ep. 02/19—No! to Factory Farms—Talking with Adam Mason of Iowa Citizens for Community Improvement

Be sure to listen to this podcast. Adam links our food choices to the factory farms which highlight deep ecological and economic problems with the global food supply system, a complex system that starts on farms and finds its way to our plates.

Ep. 01/19—Immigration and Borders: Horrors, Opportunities, and Needs—Talking with Jimmy Marcelin

This January podcast features an interview with Jimmy Marcelin, the playmaker at Safe Harbors, San Diego, where 100 to 300 immigrants arrive daily after crossing the busiest border crossing in the world, the Tijuana to San Diego crossing. In addition to ICE’s inhumane and atrocious activities, they also process some people who have papers or seek asylum. Some of these people, ICE delivers to Safe Harbors.

The Common Good Podcast #102FAIR TRADE in Schools and Congregations (12/1/18)

This episode features Lee’s conversation with Anne Pacheco and Diane Hartley on how they brought the Fair Trade Campaigns to their school and congregation—St Martin of Tours, LaMesa, California.

For most of us the news about free trade agreements, tariffs and trade wars feel quite beyond our control. But in this podcast we talk about a different paradigm of trade, and it’s the kind of trade over which we have lots of control.

The Common Good Podcast #101The Power of Small, Jubilee Circles to Bring Change in Mexico (11/1/18)

Ep.04/19 :: Banker Pat Trahan

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