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Cows, But No Fish
Posted by Amy Ridenour · 6 August 2004 · Tragedy of the Commons
Radley Balko has a solid piece explaining his take on "the tragedy of the commons." Money quote:
The best example of the tragedy of commons occurs in the oceans. Why is it that we regularly hear about how we're running out of various species of fish, but we're always well stocked with beef, pork and poultry? The difference is that the latter are raised on dry land, where there are clear, discernible property rights.Robert Kennedy, Jr. -- among others -- should read it.
Anyone interested in the application of commons theory to fish stocks really should read Charles Clover's just published, in the UK anyway, "The end of the line". It explains how the absence of any properly enforceable system of property rights has led to the wholesale destruction of countless fish stocks.
He quotes Hardin- "If each government allowed ownership of fish within a given area so that an owner could sue those who encroach upon his fish, owners would have an incentive to refrain from over fishing"
Posted by: Christopher Price at August 13, 2004 04:53 AM