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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: epicure who wrote (38863)	6/28/2007 12:39:09 AM
From: ManyMoose	Respond to of 541774

In another post, I mentioned that Departure from Non-Declining Even Flow was like grabbing a tiger by the tail. If you let go, you will suffer the consequences. Suppose you followed the strategy I described with your inheritance, where you departed from the non-declining flow plan set up by your benefactor. If things go well, you'll end up much richer under the scenario that I described. But then suppose you nearly exhaust the inheritance in fifteen years because you departed from non-declining even flow and invested in the stock market for a higher yield. Then the stock market crashes in year seventeen like it did when Carter was president. The money you have left in your account could earn 18 percent in the money market, but since you departed from non-declining even flow to get in the stock market you don't have much left to earn 18% on. This is a highly imperfect analogy, and doesn't exactly represent the principles of forestry when managed with under sustained yield, non-declining even flow, and departure therefrom. As I mentioned, departure is only a viable (viable does not equal desirable) strategy if you have a 'surplus' of senescent forests. In the time scale of forestry, however, growth is unstoppable and will never cease as long as the sun shines. However, the main point on the human scale of time is that ONCE YOU DEPART FROM NON-DECLINING EVEN FLOW, your mid term options become severely limited. You can't decide to change your strategy because it's too late. I think by and large our national lands are being well-managed, but they could be managed better if politicos could settle on a set of rules and let the managers proceed without interference from them or the hysteria of poorly informed public pressure groups. My reward comes from the knowledge that the benefits of what I did will accrue to generations long after I'm gone. As a forester, I think long term. My whole career is but one tick in the Clock of the Long Now. I'm way deep in the layers of time. longnow.org