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Unlocking the Wealth of Indian Nations Terry L. Anderson

Unlocking the Wealth of Indian Nations By Terry L. Anderson

Unlocking the Wealth of Indian Nations by Terry L. Anderson


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Summary

Unlocking the Wealth of Indian Nations uses the tools of economics, political science, and law to explain how top-down institutions have shackled reservation economies and why bottom-up institutions are necessary to unlock the human, physical, and natural capital of Native Americans.

Unlocking the Wealth of Indian Nations Summary

Unlocking the Wealth of Indian Nations by Terry L. Anderson

Most American Indian reservations are islands of poverty in a sea of wealth, but they do not have to remain that way. To extract themselves from poverty, Native Americans will have to build on their rich cultural history including familiarity with markets and integrate themselves into modern economies by creating institutions that reward productivity and entrepreneurship and that establish tribal governments that are capable of providing a stable rule of law. The chapters in this volume document the involvement of indigenous people in market economies long before European contact, provide evidence on how the wealth of Indian Nations has been held hostage to bureaucratic red tape, and explains how their wealth can be unlocked through self-determination and sovereignty.

Unlocking the Wealth of Indian Nations Reviews

Unlocking the Wealth of Indian Nations provides a rare look at Native Americans and their history and society. In this scholarly and well-researched book, the authors convincingly show that federal policies are keeping Native Americans economically underdeveloped. They also show that it is important to end discriminatory policies against the Native Americans to let them realize their full potential and play a role in making America stronger. It is a must-read book for understanding Washington's discriminatory policies about Native Americans. * The Washington BookReview *
The comparative development of the American Indian Nations provides an unrivaled natural experiment with enormous relevance to social scientists. This volume isn't therefore just a practical agenda to help some of the most marginalized people in the US, it's also an important intellectual milestone. -- James Robinson, University of Chicago
In Unlocking the Wealth of Indian Nations, Terry Anderson has assembled an excellent collection of essays confirming the failure of more than a century of top-down, federal paternalism and the promise of bottom-up institutional development by autonomous Indian nations and their citizenry. Through many examples drawn from a wide sampling of native populations, the authors provide convincing proof that, as in the past, property rights and trade are the keys to unlocking the future wealth of Indian nations. -- James Huffman, Lewis & Clark Law School

About Terry L. Anderson

Terry L. Anderson is William A. Dunn Distinguished Senior Fellow at the Property and Environment Research Center and John and Jean De Nault Senior Fellow at the Hoover Institution, Stanford University.

Table of Contents

Chapter 1 Institutions and the Wealth of Indian Nations Chapter 2 Natural Resources on American Indian Reservations: Blessing or Curse? Chapter 3 Native Americans, Exchange, and the Role of Gift-Giving Chapter 4 The Potlatch as Fractional Reserve Banking Chapter 5 Maori Tribal Economy: Rethinking the Original Economic Institutions Chapter 6 Unlocking the Energy Wealth of Indian Nations Chapter 7 Divided Interests: The Increasing Detrimental Fractionation of Indian Land Ownership Chapter 8 Forced Coexistence and Economic Development: Evidence from Native American Reservations Chapter 9 The Legacy of United States v. Washington: Economic Effects of the Boldt and Rafeedie Decisions Chapter 10 Paternalism versus Sovereignty: The Long Run Economic Effects of the Indian Reorganization Act Chapter 11 Indian Entrepreneurship Chapter 12 Unlocking First Nation Wealth: Past Efforts and Future Opportunities

Additional information

NLS9781498525695
9781498525695
1498525695
Unlocking the Wealth of Indian Nations by Terry L. Anderson
New
Paperback
Lexington Books
2016-06-10
328
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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