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Livestock grazing is the most widespread commercial use of federal public lands. The image of a herd grazing on Bureau of Land Management or U.S. Forest Service lands is so traditional that many view this use as central to the history and culture of the West. Yet the grazing program costs far more to administer than it generates in revenues, and grazing affects all other uses of public lands, causing potentially irreversible damage to native wildlife and vegetation. The Western Range Revisited proposes a landscape-level strategy for conserving native biological diversity on federal rangelands, a strategy based chiefly on removing livestock from large tracts of arid BLM lands in ten western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming. Drawing from range ecology, conservation biology, law, and economics, Debra L. Donahue examines the history of federal grazing policy and the current debate on federal multiple-use, sustained-yield policies and changing priorities for our public lands. Donahue, a lawyer and wildlife biologist, uses existing laws and regulations, historical documents, economic statistics, and current scientific thinking to make a strong case for a land-management strategy that has been, until now, "unthinkable." A groundbreaking interdisciplinary work, The Western Range Revisited demonstrates that conserving biodiversity by eliminating or reducing livestock grazing makes economic sense, is ecologically expedient, and can be achieved under current law.
This volume was assembled by two of Dr. Wantrup's students as a complement to his textbook, Resource Conservation: Economics and Policies. Wantrup's ideas on conservation economics continued to evolve in ways that were never fully reflected in that text, and although for the student of natural resource economics it is still essential reading, to st
This book is the first comprehensive account of how Australia attained the world's highest living standards within a few decades of European settlement, and how the nation has sustained an enviable level of income to the present. Why Australia Prospered is a fascinating historical examination of how Australia cultivated and sustained economic growth and success. Beginning with the Aboriginal economy at the end of the eighteenth century, Ian McLean argues that Australia's remarkable prosperity across nearly two centuries was reached and maintained by several shifting factors. These included imperial policies, favorable demographic characteristics, natural resource abundance, institutional adaptability and innovation, and growth-enhancing policy responses to major economic shocks, such as war, depression, and resource discoveries. Natural resource abundance in Australia played a prominent role in some periods and faded during others, but overall, and contrary to the conventional view of economists, it was a blessing rather than a curse. McLean shows that Australia's location was not a hindrance when the international economy was centered in the North Atlantic, and became a positive influence following Asia's modernization. Participation in the world trading system, when it flourished, brought significant benefits, and during the interwar period when it did not, Australia's protection of domestic manufacturing did not significantly stall growth. McLean also considers how the country's notorious origins as a convict settlement positively influenced early productivity levels, and how British imperial policies enhanced prosperity during the colonial period. He looks at Australia's recent resource-based prosperity in historical perspective, and reveals striking elements of continuity that have underpinned the evolution of the country's economy since the nineteenth century.
On May 11, 1978, the Economics Department of the City College of the City University of New York held its sixth annual conference. Seven papers, each with a comment, were delivered and are published in this volume. This publication has been made possible by income from the Henry Schwager Fund. Gerald Sirkin The City College of the City University of New York. 5 Contents Prefu~ 5 Introduction 9 1. California Law and its Economic Effects on Southern California by David L. Shapiro 14 No~ ~ Comments on "California Law and its Economic Effects on Southern California' by Harold M. Hochman 58 2. ERISA & The Prudent Man Rule: Avoiding P- verse Results by Roger D. Blair 62 Notes 80 Comments on "ERISA and the Prudent Man Rule: Avoiding Perverse Results" by Lewis Kornhauser 85 3. Fee Shifting: An Institutional Change to Decrease the Benefits from Free Riding by Gordon L.