This volume is the first ever English translation of Part III of
Johann von Thunen's famous 'Isolated State'. The original German
publication from 1863 has been translated by Keith Tribe and is E
Ulrich van Suntum on behalf of the Thunen Society. It deals with
the optimum rotation period of woods, a central problem of capital
theory, which has been studied by many famous economists. Debates
on this issue have still not reached a final conclusion, and
therefore Thunen's early approach to sustainable forestry is of
central importance. Thunen has been hailed an innovator way ahead
of his time. This book celebrates his ideas as an economist, as a
farmer and a thinker on agrarian policy, and endeavoursto revive
the study and discussion of forestry economics and its history.
General
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