Unlocking the Wealth of Indian Nations by Terry L. Anderson and Ann M. Carlos. @PERCTweets @HooverInst

Sep 24, 2016, 04:24 AM

Author (Photo: Crow Reservation: ““Privatizing land is fine but it falls far short of the answer,” says Yellowtail. “Our people don’t understand business. After 10 or 15 generations of not being involved in business, they’ve lost their feel for it. Capitalism is considered threatening to our identity, our traditions. Successful entrepreneurs are considered sell-outs, they’re ostracized. We have to promote the dignity of self-sufficiency among Indians. Instead we have a culture of malaise: ‘The tribe will take care of us.’ We accept the myth of communalism. And we don’t value education. We resist it.” http://www.forbes.com/sites/johnkoppisch/2011/12/13/why-are-indian-reservations-so-poor-a-look-at-the-bottom-1/2/#28b93e7a3778) http://JohnBatchelorShow.com/contact http://JohnBatchelorShow.com/schedules http://johnbatchelorshow.com/blog Twitter: @BatchelorShow

Unlocking the Wealth of Indian Nations by Terry L. Anderson and Ann M. Carlos.

“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.” https://www.amazon.com/Unlocking-Wealth-Indian-Nations-Anderson/dp/1498525695/ref=sr14?s=books&ie=UTF8&qid=1474683616&sr=1-4&keywords=Terry+L.+Anderson