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          <TitleText>The Economics of Cultural Loss</TitleText>
          <Subtitle>Harm and Resilience in North American Indigenous Communities</Subtitle>
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        <PersonName>Mukesh Eswaran</PersonName>
        <BiographicalNote>&lt;p&gt;Mukesh Eswaran is professor emeritus in the Vancouver School of Economics at the University of British Columbia in Vancouver, Canada. He is a Fellow of the Canadian Economics Association, an Associate of Theoretical Research in Economic Development  and a Senior Fellow of the Bureau of Research and Economic Analysis of Development. His research revolves around the application of economic theory to understand economic phenomena. Primary areas of his interest are economic development and the economics of gender, as well as evolutionary economics and, more recently, the economics of religion.&lt;/p&gt;</BiographicalNote>
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        <PersonName>Ronald L. Trosper</PersonName>
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        <Text language="eng" textformat="03">&lt;p&gt;Why do North American Indigenous Peoples face such grave conditions in health, poverty, and mortality—including alarmingly high rates of suicide, alcoholism, and drug abuse? In this groundbreaking book, Mukesh Eswaran confronts these urgent questions through the lens of economics, focusing deeply on an underexplored aspect: the erosion of Indigenous culture. While empirical studies have shed some light on Indigenous struggles, Eswaran argues that mainstream economic theory fails to grasp the unique realities of Indigenous communities. His work introduces innovative models that incorporate cultural and communal values—particularly the sacredness of land and the importance of extended family and communal life—as foundational components of Indigenous well-being.&lt;/p&gt;&lt;p&gt;Eswaran emphasizes that policies rooted in conventional economics, which often ignore culture, are ill-suited to address Indigenous issues, in particular, what has been identified as ‘Deaths of Despair’ among Indigenous Peoples. Drawing from Indigenous scholars and Elders, he shows how historical trauma—passed through generations—has systematically dismantled cultural and communal supports. His theoretical framework helps explain the rise in substance abuse and suicide, and points toward new, culturally sensitive policy approaches. While advancing economic theory relevant to Indigenous issues, the book also proposes a meaningful path toward healing and justice for Indigenous communities. It is a vital read for economists, policymakers, students, and anyone concerned with Indigenous history, well-being, equity and reconciliation.&lt;/p&gt;</Text>
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        <Text language="eng">Foreword Ronald L. Trosper
Preface
Introduction: Culture and Indigenous Wellbeing
PART I
Effects of the Erosion of Indigenous Land Rights
A Simple Economic Model of an Indigenous Community
Incorporating Cultural Belongingness
The Failure of the Dawes’ Act in America and Canadian Attempts to Privatize Indigenous Reserves
PART II
The Health Effects of the Erosion of Indigenous Community
Indigenous Historical Trauma in the North American Context
An Economic Model to Capture Effects of Historical Trauma
Some Adverse Effects of Historical Trauma on Indigenous Communities
The Consequences for Indigenous Deaths of Despair
Indigenous Survivance
Some Concluding Thoughts
References
Use of Copyrighted Material
Index</Text>
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