CAPITAL IDEAS -- LIVE!

Hayes D. Brown

starting time: (00:00)

Hayes D. Brown, attorney and forest owner, will moderate this news conference. Hayes' email address is hbrown@hayesbrown.com.

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FORESTER

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Today's issue of Capital Ideas - Live! is brought to you by Forester Search, a web resource developed by the Alabama Forest Owners' Association with the support of the
Bradley/Murphy Forestry & Natural Resources Extension Trust.

Visit www.ForesterSearch.com for a list of Consulting Foresters in your area.

Joel Kotkin

(00:53)
Hear Conference

Comment

Joel Kotkin is the Roger Hobbs Distinguished Fellow in Urban Studies at Chapman University, the executive editor of the website, newgeography, and executive director of the Houston-based Center for Opportunity Urbanism. A noted speaker, consultant and writer, and considered an international authority on global, economic, political trends, Mr. Kotkin wrote that President Franklin D. Roosevelt believed that a nation of homeowners--of people who own a real share in their land, is unconquerable. Now, the shift to ever more concentrated property ownership threatens the future of liberal democracy. Survey data among millennials — the group most effected — already shows a substantial shift toward a socialistic mindset. In his latest book, The Human City, Dr. Kotkin addresses how most new urban development that adheres to similar tenets: tall structures, small units, and high density, and suggests that they do not consider the needs and desires of the vast majority of people. In fact, exclusively dense urban development, the book suggests, might be doing more harm to future generations than good. Also, if not addressed, our politics will become ever more dominated by a race between parties to see who can give the most away to the modern-day peasantry, who, having nothing, will have less reason to guard the property rights of others. A policy agenda that recommits us to creating new opportunities for ownership, largely by building on the urban fringe as well as underutilized commercial areas, can reverse the trend of favoring socialism.

Suggested Reading:

Property and Democracy in America

The Center for Opportunity Urbanism

Newgeography

JoelKotkin.com

Phone: (714) 997-6815
Email: kotkin@chapman.edu

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Dr. Karen Abt

(05:18)
Hear Conference

Comment

Karen Abt is a research Economist with the U.S. Forest Service at the Forestry Sciences Laboratory in North Carolina, working primarily in bioenergy and wildfire economics.  Fire prevention has the promise of reducing overall expenditures and damages from wildfires. Prevention program elements can include burn permits, public service programs or announcements, outreach efforts to schools, youth groups, equipment operators, and law enforcement. Dr. Karen Abt has published several articles about the economic benefits of fire prevention education, including the timing of the education programs and how it pays for itself many times over.

Suggested Reading:

Economic Benefits of Wildfire Prevention Education

The Net Benefits of Wildfire Prevention Education Efforts

The Optimal Timing of Wildfire Prevention Education

Phone: (919) 549-4094
Email: karen.abt@usda.gov

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John Tamny

(08:38)
Hear Conference

Comment

John Tamny is Director of the Center for Economic Freedom at FreedomWorks, a senior economic adviser to Toreador Research & Trading, and editor of RealClearMarkets. In a recent article, he wrote that currency devaluation is a tax. While devaluation of our currency might result in higher prices for hard assets, like forestland, devaluation also reduces the buying power of the payments we receive for our stumpage. Capital gains from a land or timber sale may be inflated and result in higher actual taxes, as well.

Suggested Reading:

Currency Devaluation is a Tax

Foundation for Economic Education

Articles by John Tamny

Phone: (202) 644-8780
Email: jtamny@realclearmarkets.com

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Kevin McKinstry

(13:26)
Hear Conference

Comment

Kevin McKinstry is a recreation manager/certified wildlife biologist for Westervelt Wildlife Services, a habitat management company that specializes in habitat management for deer. Landowners use habitat management to increase specific types of wildlife on their property. Habitat management for deer plans range from clearing invasive growth, to restoring vegetation, to controlled wildlife hunting. Planning describes what is expected during the project, including seasonal duties and preparation. The wildlife habitat restoration begins with the identification of both disturbed and healthy habitats. From there, the two main goals are to protect the healthy habitats from potential damage, and restore native plants and wildlife to the disturbed habitats. Habitat management for deer will help increase the capacity for larger populations of deer, but a good plan will often increase the capacity for other species as well. Habitat management for deer is a complex process, requiring a certain biological background for tasks like soil analysis, studying existing populations, bedding areas, and available food sources. When we have a hot and dry summer like Alabama experienced the past few months, wildlife managers need to take that into consideration when managing wildlife activities, food plots and more.

Suggested Reading:

The Drought is affecting Alabama Forests and Wildlife

The Alabama Drought

Habitat Management for Deer

Phone: (334) 289-4700
Email: kmckinstry@westervelt.com

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