Excerpt from Evaluation of the Effectiveness of Market Responses to Timber Scarcity Problems
Can privately owned forest lands provide the socially desirable level of forest resources in a free market economy? In an atomistic free-market system, forest landowners should provide the appropriate products needed by society by responding to price signals the market generates. As Adam Smith (1776) wrote, individuals should help better society ac cording to the principle of the invisible hand.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Paperback. Zustand: New. Print on Demand. This book explores the historical debate surrounding the effectiveness of free markets in increasing timber supply, delving into the complex interactions between economic theory and real-world forest management practices. The author examines the various market failures and equity concerns that arise in forestry, arguing that reliance on free markets alone may be insufficient to ensure adequate timber production and equitable distribution of resources. Through an analysis of existing literature on the market responsiveness of timber and agricultural resources, the book highlights the importance of considering both market mechanisms and public intervention in forestry. By shedding light on the complexities of forest resource management, this book provides valuable insights for policymakers, foresters, and anyone interested in the sustainable management of natural resources. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9780265082089_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9780265082089
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9780265082089
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