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Post by Sapphire Capital on Aug 15, 2008 19:42:29 GMT 4
American Indian Entrepreneurs: Unique Challenges, Unlimited Potential Robert J. Miller Lewis & Clark Law School June 30, 2008 Arizona State Law Journal, Vol. 40, 2008 Lewis & Clark Law School Legal Studies Research Paper No. 2008-20 Abstract: This article addresses the problems and the potential that American Indian businesspeople face in starting and operating businesses. American Indians are the poorest racial or ethnic group in the United States and the vast majority of the 300 Indian reservations do not have functioning economies. This is a disaster for creating economic activity in Indian Country and for addressing the extreme poverty present on almost all reservations. This article examines why that is true from legal, historic, and economic perspectives, and it sets out the potential for improving the number and success of Indian privately owned businesses. The article also addresses the common fallacy that Indian cultures did not understand private property rights and private entrepreneurial economic activity. In fact, American Indian people have supported themselves and their families for thousands of years through what we call today private business, private initiative, entrepreneurship, and free market trade. papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1195703_code792507.pdf?abstractid=1153708&mirid=2
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