Social Science

The Timber Bubble that Burst

Author: Joe P. Mattey

Publisher: Oxford University Press on Demand

ISBN:

Category: Social Science

Page: 109

View: 354

This is a book about bubble prices, and their consequences, in the timber industry of the Pacific Northwest from 1979-1984. Bubble prices--unusual and rapid rises (and eventual drops) in the prices of a commodity--have been of theoretical interest to economists for many years. This study examines the unusual movements in the price of federal timber and the subsequent recession in the Northwest when timber buyers delayed harvests in order to postpone the realization of their losses on the contracts. Mattey argues that it was not so much the actions of the Federal Reserve, which had been widely blamed for the crisis, but rather the actions of the buyers themselves that caused the recession.
Business & Economics

The Timber Bubble that Burst

Author: Joe P. Mattey

Publisher: Oxford University Press

ISBN:

Category: Business & Economics

Page: 120

View: 347

This is a book about bubble prices, and their consequences, in the timber industry of the Pacific Northwest from 1979-1984. Bubble prices--unusual and rapid rises (and eventual drops) in the prices of a commodity--have been of theoretical interest to economists for many years. This study examines the unusual movements in the price of federal timber and the subsequent recession in the Northwest when timber buyers delayed harvests in order to postpone the realization of their losses on the contracts. Mattey argues that it was not so much the actions of the Federal Reserve, which had been widely blamed for the crisis, but rather the actions of the buyers themselves that caused the recession.
Business & Economics

The Softwood Lumber War

Author: Daowei Professor Zhang

Publisher: Earthscan

ISBN:

Category: Business & Economics

Page: 321

View: 128

As a forester interested in economics and policy, Daowei Zhang followed the softwood lumber dispute between the U.S. and Canada for nearly 20 years. Dubbed the 'Softwood Lumber War,' the conflict enveloped politicians and business leaders on both sides of the border and placed strains on the historically close economic and political relations between the two countries. This book is an unprecedentedly detailed evaluation of how the conflict began and how it was sustained for such a long period of time. The book considers the implications that may follow from the 2006 agreement between the nations, and the broader lessons that might be learned about international trade conflicts. The early 1980s was a difficult time for U.S. lumber producers. Finding their domestic market share in decline, they requested restrictions on Canadian lumber imports. Alleging that the Canadian producers were being subsidized, they eventually secured a 15 percent export tax on Canadian lumber in 1986. A long series of trade battles followed against a background of shortages in the U.S. timber supply, changing international markets, and the establishment of the North American Free Trade Agreement and the World Trade Organization. Canada and the United States are the world's largest trading partners, but, as Zhang demonstrates, it is a relationship in which domestic pressure groups, different institutional structures within each government, and differences in the relative economic power of each country remain extremely important determinants of foreign policy. The fact that the softwood lumber dispute has taken so long to resolve-and the prospect that the 2006 agreement has the potential to be undone by continuing litigation and trade friction-raise important questions about international relations in a world that is supposedly moving toward free trade.
Social Science

Death on the Fourth of July

Author: David A. Neiwert

Publisher: St. Martin's Press

ISBN:

Category: Social Science

Page: 256

View: 989

On July 4, 2000, three young Asian American men visiting the small town of Ocean Shores, Washington, were attacked by a group of skinheads in the parking lot of a Texaco station. Threats and slurs gave way to violence and, ultimately, a fatal stabbing. But this tragedy culminated with a twist. A young white man, flaunting a Confederate flag just moments before, was slain by one of his would-be victims. In the ensuing murder trial, a harsh lesson on what it really means to be an American unfolded, exposing the layers of distrust between minorities and whites in rural America and revealing the dirty little secret that haunts many small towns: hate crime. In Death on the Fourth of July, veteran journalist David Neiwert explores the hard questions about hate crimes that few are willing to engage. He shares the stories behind the Ocean Shores case through first-hand interviews, and weaves them through an expert examination of the myths, legal issues, and history surrounding these controversial crimes. Death on the Fourth of July provides the most clear-headed and rational thinking on this loaded issue yet published, all within the context of one compelling real-life tragedy.
Political Science

Ecology Against Capitalism

Author: John Bellamy Foster

Publisher: NYU Press

ISBN:

Category: Political Science

Page: 160

View: 801

In recent years John Bellamy Foster has emerged as a leading theorist of the Marxist perspective on ecology. His seminal book Marx's Ecology (Monthly Review Press, 2000) discusses the place of ecological issues within the intellectual history of Marxism and on the philosophical foundations of a Marxist ecology, and has become a major point of reference in ecological debates. This historical and philosophical focus is now supplemented by more directly political engagement in his new book, Ecology against Capitalism. In a broad-ranging treatment of contemporary ecological politics, Foster deals with such issues as pollution, sustainable development, technological responses to environmental crisis, population growth, soil fertility, the preservation of ancient forests, and the "new economy" of the Internet age. Foster's introduction sets out the unifying themes of these essays enabling the reader to draw from them a consolidated approach to a rapidly-expanding field of debate which is of critical importance in our times. Within these debates on the politics of ecology, Foster's work develops an important and distinctive perspective. Where many of these debates assume a basic divergence of "red" and "green" issues, and are concerned with the exact terms of a trade-off between them, Foster argues that Marxismproperly understoodalready provides the framework within which ecological questions are best approached. This perspective is advanced here in accessible and concrete form, taking account of the major positions in contemporary ecological debate.
Business & Economics

Handbook of Forest Resource Economics

Author: Shashi Kant

Publisher: Routledge

ISBN:

Category: Business & Economics

Page: 560

View: 608

It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as being sinks for greenhouse gases, hotspots of biodiversity, tourism and recreation. They are also vitally important in preventing soil erosion and controlling water supplies, as well as providing non-timber forest products and supporting the livelihoods of many local people. This handbook provides a detailed, comprehensive and broad coverage of forest economics, including traditional forest economics of timber production, economics of environmental role of forests, and recent developments in forest economics. The chapters are grouped into six parts: fundamental topics in forest resource economics; economics of forest ecosystems; economics of forests, climate change, and bioenergy; economics of risk, uncertainty, and natural disturbances; economics of forest property rights and certification; and emerging issues and developments. Written by leading environmental, forest, and natural resource economists, the book represents a definitive reference volume for students of economics, environment, forestry and natural resource economics and management.
Business & Economics

Forest Economics

Author: Daowei Zhang

Publisher: UBC Press

ISBN:

Category: Business & Economics

Page: 412

View: 225

A firm grounding in economics is integral to sound forestry policies and practices. This book, a major revision and expansion of Peter H. Pearse's 1990 classic, is an essential textbook for forestry students. Updated and enhanced with advanced empirical presentation of materials, it covers the basic economic principles and concepts and their application to modern forest management and policy issues. Forest Economics reflects the authors' more than fifty years of combined experience in teaching forest economics in the United States and Canada. Its comprehensive and systematic analysis of forest issues makes it an indispensable resource for students and practitioners of forest management, natural resource conservation, and environmental studies.
Business & Economics

Handbook of Environmental and Resource Economics

Author: Jeroen C. J. M. Van den Bergh

Publisher: Edward Elgar Publishing

ISBN:

Category: Business & Economics

Page: 1328

View: 505

This major reference book comprises specially commissioned surveys in environmental and resource economics written by an international team of experts. Authoritative yet accessible, each entry provides a state-of-the-art summary of key areas that will be invaluable to researchers, practitioners and advanced students.
Business & Economics

The Economics of Nature and the Nature of Economics

Author: Cutler J. Cleveland

Publisher: Edward Elgar Publishing

ISBN:

Category: Business & Economics

Page: 304

View: 109

The writing style is clear and sophisticated, and the quality of production high. Steve Harrison, Economic Analysis and Policy . . . what we have in this anthropology is a very readable collection of well written articles which explore the limits of both conventional economic theory and new approaches . . . For a general reader involved in sustainable development the book is a good compilation of current approaches . . . The style and technical level in the articles makes this book usable at levels from undergraduate university through the governmental sectors. Its broad range and readable style makes the collection a good working reference volume. Edward J. Linky, Natural Resources Forum This book discusses important recent developments in the theory, concepts and empirical applications of ecological economics and sustainable development. The editors have assembled a fascinating collection of papers from some of the leading scholars in the field of ecological economics. Topics covered include: the contribution of classical economics to ecological economics alternatives to the growth paradigm and Gross Domestic Product valuation in ecological economics and indicators of natural resource scarcity case studies of sustainable development critical reviews of the environmental Kuznets curve green national accounting. This will be an invaluable text for scholars, policy analysts and students interested in sustainable development and ecological, environmental and resource economics.