The Indicator from Planet Money The Indicator from Planet Money

The echo of the bison (Encore)

Oct 12, 2026 · 9m

Summary

Economist Don Fair uses 19th-century height data to reveal how the near-extinction of bison devastated Native American economies. The slaughter, driven by hide demand and military action, caused severe malnutrition and long-term economic decline for bison-reliant tribes. Today, these nations still face income levels at least 25% lower than other Indigenous groups. The episode features Blackfeet rancher Irvin Carlson, who is working to restore bison herds to help heal this historical trauma.

Topics discussed

Intro: Indigenous Peoples Day and bison destruction Irvin Carlson's childhood on the Blackfeet Reservation Sponsor messages Research using height data to measure economic well-being The cultural and economic importance of bison Height advantage of bison-hunting nations The hide rush and commercial slaughter of bison Military involvement and intentional destruction Consequences: starvation, mortality, and height loss Failed recovery efforts and persistent economic gap The magnitude of the disaster revealed by data Long-term economic impacts and historical path dependence Role of banking access in economic recovery Modern efforts to restore bison on the Blackfeet Reservation Credits and production team Sponsor message: Allianz Travel Insurance
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