Beyond the Sagebrush Rebellion: Privatization of Public Lands

Public Policy, Vol. IV, No. 11, November 1982

3 Pages Posted: 16 Mar 2013

See all articles by Steve H. Hanke

Steve H. Hanke

Johns Hopkins University - Department of Economics

Date Written: 1982

Abstract

Before we begin to discuss federal timber policies we must make several background observations. One, lumber and wood products are an important sector in the U.S. economy. For example, lumber and wood products account for about 14% of the total cost of building a new home. The second this we must realize is that the public ownership of forest lands is about 28% of the total while public ownership of mature timber inventory is 63%. This large gap between land ownership and inventories is due to the fact that very little mature timber has been harvested off the national forests. Since we've essentially run out of private mature virgin timber, we're faced with a situation where the big inventories of mature timber are in the Northwest - where public ownership is greatest.

Keywords: Steve Hanke, Sagebrush Rebellion, Privatizing Public Lands, Public Policy, 1982

Suggested Citation

Hanke, Steve H., Beyond the Sagebrush Rebellion: Privatization of Public Lands (1982). Public Policy, Vol. IV, No. 11, November 1982. Available at SSRN: https://ssrn.com/abstract=2234049

Steve H. Hanke (Contact Author)

Johns Hopkins University - Department of Economics ( email )

3400 Charles Street
Baltimore, MD 21218-2685
United States
410-516-7183 (Phone)
410-516-8996 (Fax)

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