A number of social science disciplines have proven that establishments that promote cooperation facilitate mutually useful exchanges and generate prosperity. Constructing on these insights, this text develops a Reservation Financial Freedom Index that ranks establishments on a pattern of Indian reservations to find out whether or not these insights will enhance the prosperity of Indians residing on these reservations. The event of this index is guided by analysis from political scientists, economists, different social science disciplines and authorized analysis. Correlating this index with Indian earnings, the information reveals a statistically important optimistic correlation between reservations with prosperity-enhancing establishments and their financial prosperity.
That is what emerges from a current article by my colleague Thomas Stratmann, revealed lately revealed in Public Alternative. Right here is the SSRN model. Right here is the index itself. Right here is a associated editorial.
