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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
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To: 2MAR$ who wrote (73922)5/5/2011 1:25:04 AM
From: TobagoJack4 Recommendations  Read Replies (3) of 218660
 
just in in-tray

Sent: Thursday, 5 May 2011 10:55 AM
Subject: Forest fires

Forest fires are judged to be nasty, especially when one's own house or life is threatened, or when grave harm is being done to tourist attractions.

The popular conviction that fires are an unqualified evil reached its zenith after a third of Yellowstone Park in the US was destroyed by fire in 1988. Nevertheless, conventional wisdom among forest managers remains that it is best to let natural forest fires burn themselves out, unless particularly dangerous conditions apply. Burning appears to be part of a natural process of forest rejuvenation.

Moreover, intermittent fires burn away the undergrowth that might accumulate and make any eventual fire uncontrollable .......Perhaps modern macroeconomists could learn from the forest managers.

~ former BIS chief economist William White
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