Forest Management and Oldgrowth Forests

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If any resource can be shifted from one
configuration to another, and it would bring
greater satisfaction in the second, then it
should be so shifted.
Maxim of resource economics


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McEcoy, A.F. 1987. Toward an interactive theory
of nature and culture Ecology, production, and
cognition in the California fishing industry.
Environmental Review 11 289-305.
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• Elements of an Interactive Theory
• Features of Nature that influence Culture
• Potential for providing wealth, goods, profits

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• Elements of an Interactive Theory
• Features of Nature that influence Culture
• Potential for providing wealth, goods, profits
• Complexity, predictability

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• Elements of an Interactive Theory
• Features of Nature that influence Culture
• Potential for providing wealth, goods, profits
• Complexity, predictability
• Configuration (e.g., assigning property rights)

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• Elements of an Interactive Theory
• Features of Nature that influence Culture
• Potential for providing wealth, goods, profits
• Complexity, predictability
• Configuration (e.g., assigning property rights)
• - Beauty, symbolic value

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• Features of Culture that influence Nature
• Beliefs, superstitions, etc.

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• Features of Culture that influence Nature
• Beliefs, superstitions, etc.
• Management system (e.g., corporate, progressive
  model)

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• Features of Culture that influence Nature
• Beliefs, superstitions, etc.
• Management system (e.g., corporate, progressive
  model)
• Grassroots activism
• -

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• Features of Culture that influence Nature
• Beliefs, superstitions, etc.
• Management system (e.g., corporate, progressive
  model)
• Grassroots activism
• Communications media
• -

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• Features of Culture that influence Nature
• Beliefs, superstitions, etc.
• Management system (e.g., corporate, progressive
  model)
• Grassroots activism
• Communications media
• - Governing system (laws, lobbyists, etc.) and
  norms of justice (courts)

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Conservation and Management of the American Forest
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• Elements of an Interactive Theory
• Features of Nature that influence Culture
• Potential for providing wealth, goods, profits
• Complexity, predictability
• Configuration (e.g., assigning property rights)
• - Beauty, symbolic value

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Objectives of management of U.S. National
Forests (Organic Act of 1897) To improve and
protect forests To provide a continuous supply of
timber
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Maximum Sustainable Yield the highest rate at
which a renewable resource can be used without
reducing its supply. Maximum Economic Yield the
rate of resource use that maximizes the
difference between production (revenue) and
harvest costs. Optimum Yield maximum
sustainable yield as modified by any relevant
economic, social or ecological factor.
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The forest policy question What does society
want to be the roles of forests in its
communities?
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The forest policy question What does society
want to be the roles of forests in its
communities? If any resource can be shifted from
one configuration to another, and it will bring
greater satisfaction in the second configuration,
then it should be so shifted. - Maxim of Resource
Economics
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Maximum Sustainable Yield the highest rate at
which a renewable resource can be used without
reducing its supply. .
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Optimum Yield maximum sustainable yield as
modified by any relevant economic, social or
ecological factor
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The forest policy question What does society
want to be the roles of forest in its
communities? If any resource can be shifted from
one configuration to another, and it will bring
greater satisfaction in the second configuration,
then it should be so shifted. - Maxim of Resource
Economics
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Chase, A. 1995. In a Dark Wood The Fight Over
Forests and the Rising Tyranny of Ecology.
Houghton Mifflin Co., Boston - Thesis A crisis
of faith in liberal democracy is combining with a
misunderstanding go ecological science to
undermine western civilization (via
environmentalism)
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Age of financial maturity (of a tree or a
forest) the age past which the growth in value
of the tree or forest I lower than the interest
rate.
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McEcoy, A.F. 1987. Toward an interactive theory
of nature and culture Ecology, production, and
cognition in the California fishing industry.
Environmental Review 11 289-305.
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Maximum Economic Yield the rate of resource use
that maximizes the difference between production
(revenue) and harvest costs.
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General Objectives of management of National
Forests (Organic Act o 1897) To improve and
protect forests To provide a continuous supply of
timber