Download City of Jade (Mithgar, Book 16) by Dennis L. McKiernan PDF

By Dennis L. McKiernan

The parable of a misplaced urban carved of worthy jade has confirmed impossible to resist to many in Mithgar. Now Aravan, captain of the Elven send Eroean, has undertaken a quest to discover it. along with his real love Aylis, the Magekind Seeress, beside him and a staff of fellows and dwarves, he units sail to stick to the trap of legend

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Additional resources for City of Jade (Mithgar, Book 16)

Sample text

5 Tax Policy Another economic policy instrument that influences individuals' behaviour is taxation. There are many examples of how tax policies encourage (or fail to discourage) inefficient use of environmental resources. Like the other policy failures presented in this chapter, this type of consequences has often been neglected. Some examples are given below. Investment tax credits have encouraged exploitation of environmentally weak areas in Brazil. A case study by Mahar (1989) presented in chapter 6 discusses this in some detail.

This is often the case when resources have been abundant and/or when communal management traditionally has been practiced. The correlation between the two is less than perfect. Farmland may not always be individually owned although it may be quite scarce (cf. China) and trees may not be privately controlled although near extinction (cf. Lesotho). Externalities are at the heart of cases when privately rational individuals may well produce disastrous social results. The debate about common property resource management has given rise to the "tragedy of the commons school", following Garrett Hardin's celebrated article in Science: "Ruin is the destination toward which all men rush, each pursuing his own best interest in a society that believes in the freedom of the commons.

Chambers (1988) argues that the problem of short time horizons among poor people is exaggerated. Apart from the very poor, who are on the brink of starvation, poor people actually invest for the long run. More children means an immediate burden, but a net income some years ahead and long term social security. Even poor people invest in their children's education and sometimes substantially reduce consumption in order to payoff loans in order to retain long-term rights to land holdings. 24 Income Distribution Finally, the concern for improved income distribution is one that has to be dealt with on the macro level.

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