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Were successful until 1492. >> and indians had a form of property rights before white settlers came here and messed that up. >> before contact with whites indians were very much aware of markets and trading and property rights. some indians actually owned the salmon streams. they managed those streams so that they let the larger salmon go up to spawn and the result is that even today those streams have larger salmon than the streams that were held in a commons owned by everyone and hence managed by no one. >> john: the clan, not an individual indian but a clan would even the stream and why tod...

Were successful until 1492. >> and indians had a form of property rights before white settlers came here and messed that up. >> before contact with whites indians were very much aware of markets and trading and property rights. some indians actually owned the salmon streams. they managed those streams so that they let the larger salmon go up to spawn and the result is that even today those streams have larger salmon than the streams that were held in a commons owned by everyone and hence managed by no one. >> john: the clan, not an individual indian but a clan would even the stream and why tod...

Entrepreneur. we have had economies that went back many, many m millenia and were successful until 1492. >> and indians had a form of property rights before white settlers came here and messed that up. >> before contact with whites indians were very much aware of markets and trading and property rights. some indians actually owned the salmon streams. they managed those streams so that they let the larger salmon go up to spawn and the result is that even today those streams have larger salmon than the streams that were held in a commons owned by everyone and hence managed by no one. >> john: th...

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