Writing in the New Brunswick Telegraph Journal, Philip Lee cites Elizabeth Brubaker’s work on the economic and ecological benefits of establishing property rights in fisheries. Continue reading
f the landlubbers in the reading audience will indulge me for another column, I will elaborate a bit further on conserving fish stocks through privatizing marine fish quotas. The primary mechanism for this is assigning individual transferable quotas (ITQs). We only have to look at Canadian experience with ITQs to know it will not work.
As I sit down to write this third column on the topic which I (but not the headline writers) call "The Myth of the Tragedy of the Commons," I am acutely aware of being steamrolled by the current daily run of articles advocating an opposite editorial point of view.