I heard an interview on the radio (perhaps with Clover himself) that
pointed out that in some countries, people already eat jellyfish.
BTW, overfishing is a example of market failure that's well known
even among neoclassicals (the "tragedy of the commons"). Why don't
they respond?
--
Jim Devine / "The price one pays for pursuing any profession or
calling is an intimate knowledge of its ugly side." -- James Baldwin
Overfishing can be viewed as a case of the tragedy of the commons; in
that sense, solutions would promote property rights, such as
privatization and fish farming. Daniel K. Benjamin, in Fisheries are
Classic Example of the "Tragedy of the Commons", cites research by
Grafton, Squires, and Fox to support the idea that privatization can
solve the overfishing problem[12]:
According to recent research on the British Columbia halibut
fishery, where the commons has been at least partly privatized,
substantial ecological and economic benefits have resulted. There is
less damage to fish stocks, the fishing is safer, and fewer resources
are needed to achieve a given harvest.
full: http://en.wikipedia.org/wiki/Overfishing
