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Sea Change: How Markets and Property Rights Could Transform the Fishing Industry
Government management of fisheries has been little short of disastrous. In many regions, valuable fish stocks have collapsed as a result of overfishing. Ill-conceived regulation also means that every year millions of tons of edible fish are thrown back dead into the sea. While an absence of established property rights means that wild fish are vulnerable to overfishing, the problem is greatly exacerbated by large subsidies. State intervention has created significant overcapacity in the industry and undermined the economic feedback mechanisms that help to protect stocks. This short book sets out a range of policy options to improve outcomes. As well as ending counterproductive subsidies, these include community-based management of coastal zones and the introduction of individual transferable quotas. The analysis is particularly relevant to the UK as it begins the process of withdrawal from the European Union. After decades of mismanagement under the Common Fisheries Policy, Brexit represents a major opportunity to adopt an economically rational approach that benefits the fishing industry, taxpayers and consumers.
The Commons in the New Millennium
Globalization, population growth, and resource depletion are drawing increased attention to the importance of common resources such as forests, water resources, and fisheries. It is critical that these resources be governed in an equitable and sustainable way. The Commons in the New Millennium presents cutting-edge research in common property theory and provides an overview and progress report on common property research. The book analyzes new problems that owners, managers, policy makers, and analysts face in managing natural commons. It examines recent findings about the physical characteristics of the commons, their complexity and interconnectedness, and the role of social capital. It also provides empirical studies and suggestions for sustainable development. The topics discussed include the role of financial, political, and social capital in deforestation, community efforts to gain political influence in Indonesia, the Maine lobster industry, outcomes of the implementation of individual transferable quotas in New Zealand and Iceland fisheries, and design of multilateral emissions trading for regional air pollution and global warming.
Fish Or Cut Bait!
From the back cover: The authors of "Fish or Cut Bait!" argue persuaisively that fisheries are best managed under a system of strong property rights. The book includes a discussion of whether individual transferabel quotas can solve the salmon crisis, a section detailing international experience with ITQ management, a plan - devised by fishers - to implement individual quotas in the salmon fishery, and a section suggesting that individual transferable quotas are only the first step in the evolution of stronger property rights to protect and conserve fisheries.
Ordered Anarchy
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Ordered Anarchy
Anthony de Jasay's work has been enormously influential, describing both a theoretical philosophical model for a stateless, liberal, free market order and offering analysis of and solutions to many of the technical economic problems associated with such a vision of society - most notably his work on the free rider and his return. In this book ten significant scholars in philosophy and political economy, including Nobel laureate in economics James Buchanan, pay tribute to the man and his work in a series of essays at once both respectful and critical. Ordered Anarchy focuses on three fundamental questions of libertarian thinking. Which are the basic libertarian principles and how do rights an...
Individual Transferable Quotas in Theory and Practice
Papers exploring and assessing the radical reorganization of ocean fisheries in the final decades of the 20th century.
Oral Law of Ancient Israel
This book presents a new window on the legal system of Ancient Israel. Building on the understanding that Israel was a society where writing was the medium for some forms of discourse but not others, where written texts were performed orally and rewritten from oral performances, Robert D. Miller II, OFS, examines law and jurisprudence in this oral-and-literate world. Using Iceland as an ethnographic analogy, Miller shows how law was practiced, performed, and transmitted; the way written artifacts of the law fit into oral performance and transmission; and the relationship of the detritus of law that survives in the Hebrew Bible, both Torah and Proverbs, to that earlier social world.
Political Government
Social philosopher Spencer Heath maintained that we can’t recognize atrocity for what it is until we can entertain an alternative. The example he gave was chattel slavery in the ancient world; few questioned it and fewer still raised their voice against it. Having already outlined the natural alternative to political (i.e. tax-based) government in his companion book, Economic Government, Klassen now articulates with rare clarity why political government is atrocity. He calls this book “the end of my foray into criticism of political government.” I welcome this implied emphasis on the health of society rather than its pathology. But if articulation of the pathology is called for, Klasse...
