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--></style><title>How the future of the economy looked in
2001</title></head><body>
<div><font face="Geneva" size="-1">Big Scary Monsters.<i>The
Economist.</i> July 21 2001</font></div>
<div><font face="Geneva" size="-1"><br></font></div>
<div><font face="Geneva" size="-1">"The driving force behind what
little economic growth is now taking place in the world is, you might
argue, America's housing market."<br>
<br>
"Š the economy relies too much on a single sector, housing,
to avoid recession."<br>
<br>
"Indeed, there may right now be the makings of a bubble in house
prices."</font><br>
<font face="Geneva" size="-1"></font></div>
<div><font face="Geneva" size="-1">"Š become the source of the
next global financial crisis."</font></div>
<div><font face="Geneva" size="+1" color="#000000"><br></font></div>
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"</font><font face="Verdana" size="-1" color="#141413">This study
informs debate in the literature regarding whether these increasingly
large fires are 'ecological catastrophes.' Landscape-scale severe
burning was catastrophic from a tree overstory perspective, but from
an understory perspective, burning promoted rich and productive native
understories, despite the entire 10-year postfire period receiving
below-average precipitation."<br>
<br>
SCOTT R. ABELLA and PAULA J. FORNWALT. Ten years of vegetation
assembly after a North American mega fire.<i> Global Change
Biology</i> (2014), doi: 10.1111/gcb.12722</font></div>
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<div><font face="Geneva" size="-1"
color="#000000"
>^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^<span
></span>^^^<br>
"Not surprisingly, policy strategies to address wildfires often
emphasize fuel reduction (8,9). However, even where strategies
recognize interacting cultural, environmental and economic dimensions
of wildfire (10,11,12), few tackle the difficult land-use issue of
where and how humans choose to build their communities in the first
place."<br>
<br>
Max A. Moritz et al. Learning to coexist with wildfire.<i> Nature</i>
515, 58-66 (06 November 2014) doi:10.1038/nature13946</font><br>
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