Last week, the Pacific Fisheries Management Council announced it will prohibit fishing in major sectors of the groundfish fishery along the Pacific Coast. Donald Leal explains how individual fishing quotas (IFQs) can solve the overfishing dilemma.
In this guide, Donald R. Leal shows how rights-based fishing policies, including individual transferable quotas, territorial rights and private harvesting agreements can reduce the costly and destructive race to fish. Leal offers an overview of this newly emerging approach to commercial fishing.
How fishery management practices have lead to severely depleted fish populations.
Overfishing in the oceans is a classic example of the "tragedy of the commons"-- overexploitation of an unowned resource. Fishing in U.S. waters is no longer a commons free of fishing restrictions, yet many fisheries still suffer from the tragedy of the commons.
Terry Anderson, Donald Leal
Enviro-Capitalists catalogues concrete examples of entrepreneurs who contract with private property owners to improve environmental quality.
Jane Shaw, Richard Stroup
Economic growth offers the potential for environmental improvement.
The evolution of property law in early America
Private landowners with river and streams running through their property claim that stretch of water as their own, but rafters who float by claim the water belongs to the public.