Video: Saving Ocean Fisheries

Today’s post highlights a video that discusses a real big environmental problem: the declining fish stocks throughout the world. It also offers a market-based solution, wholly endorsed by Resourceful Earth. Catch-shares or other property-rights based scheme’s allow fisherman to “own” fish-stocks, and they aren’t worried about constantly beating out their competitors, which led to overfishing. This is known as the tragedy of the commons. Check out the video below:

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