----------------- HES POSTING ----------------- Michael -- contact Mason Gaffney on this. See below. I believe Gaffney has produced a model of interest using forests as a part of the model. Note that explaining "interest" is not always the same thing as explaining "interest rates". One is a concept used in the pure theory of capital, the other is a real world phenomena found in a real world monetary economy. I believe Gaffney's model was in part inspired by Wicksell. Greg Ransom Mason Gaffney Professor Department of Economics University of California, Riverside 1150 University Ave Riverside CA 92521-0427 Office: (909) 787-5037 x1574 Fax: (909) 787-5685 Email: [log in to unmask] Website: http://www.economics.ucr.edu/people/gaffney/mg.htm ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]