Lynne Kiesling One of the most fascinating cases in environmental economics and business is Walmart. Over the past five years, Walmart has turned their famous supply-chain management sights on reducing the environmental impact of the products they sell while still keeping their costs, and therefore retail prices, as low as before. This Fortune magazine article …
Lynne Kiesling I’ve been enjoying this new research from environmental economist Chris Costello and his two co-authors, Steven Gaines and John Lynham: “Can Catch Shares Prevent Fisheries Collapse?”: Recent reports suggest that most of the world’s commercial fisheries could collapse within decades. Although poor fisheries governance is often implicated, evaluation of solutions remains rare. Bioeconomic …
More Definitive Evidence That Property Rights Improve Fishing Yields and Sustainability Read More »
Michael Giberson While Lynne was visiting Maryland in search of the perfect yarn score, I was in New Orleans for the Jazz and Heritage festival. I’ll share a photo or two once I have a chance to sort through them myself. In the meantime, I’ll share this article from the Monday morning Times-Picayune, which reveals …
Fishing for Red Snapper in the Gulf: Quotas and Derbies Read More »
Problems of overfishing in our oceans continue, notwithstanding the increasingly stringent seasons, schedules and quotas that governments are mandating in the fishing industry. Such unintended consequences emanating from following a command-and-control regulatory policy is not surprising — fishermen compensate for reduced numbers of fishing days by bringing in as large a catch as they can …
My Reason colleague Michael DeAlessi has written the following regarding fisheries policy, which I feature here as a guest post: Yesterday [Thursday] the New York Times published an article in response to a study in the journal Nature that details the decline of large fish in the world’s oceans. The article begins “In just 50 …
My Reason colleague Michael DeAlessi has written the following regarding fisheries policy, which I feature here as a guest post: Yesterday [Thursday] the New York Times published an article in response to a study in the journal Nature that details the decline of large fish in the world’s oceans. The article begins “In just 50 …
My Reason colleague Michael DeAlessi has written the following regarding fisheries policy, which I feature here as a guest post: Yesterday [Thursday] the New York Times published an article in response to a study in the journal Nature that details the decline of large fish in the world’s oceans. The article begins “In just 50 …
My Reason colleague Michael DeAlessi has written the following regarding fisheries policy, which I feature here as a guest post: Yesterday [Thursday] the New York Times published an article in response to a study in the journal Nature that details the decline of large fish in the world’s oceans. The article begins “In just 50 …
One of the most important insights of the past 30 years is how property rights definition over natural resources can align economic and environmental incentives. If you own something, you have the right to its future use, and to alienate (sell, trade, give away) that right. Note the phrase “future use”. This is really important …
Free-market Environmentalism And Fish Populations Read More »
Thanks to Glenn Reynolds for posting on this San Francisco Chronicle article on Iraq’s wetlands. The article explains how Saddam Hussein’s regime led to the destruction of wetlands that have been a source of habitat, shelter and food for millennia: Located at the confluence of the Tigris and Euphrates rivers near Basra, this vast watery …
Free-market Environmentalism And The Restoration Of Mesopotamian Marshes Read More »
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