Monday, May 7, 2007

Wild Spending on Wildfire

If you go to www.cato.org and listen to the May 7, 2007 Podcast, you'll hear a great discussion of how the Forest Service has an incentive to stop all forest fires, even beneficial ones, and overspend on fire fighting due to the way Congress structured the enabling legislation back in 1908.

I can't help but think that the exact same incentives probably confront state and local forest and natural resource officials in regards to forest fires.

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