Again on the optimal rotation period of renewable resources: wrong objections to a right objective.

An article coming from my pen has met with opposition. If the critics are to be believed, I put forth an erroneous conception on how to calculate the present value of a forest mill's total assets, including soil and standing timber. This reproach, however, is untenable. In fact, the economically correct solution brings to light that the principle of sustainable maximum yield is productively efficient and at the same time most lucrative. [ABSTRACT FROM AUTHOR]