Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jwalsh07
Yes, no system is perfect. And it would be reasonable to start with a system whereby the people that are granted the initial permits have to pay for them (rather than getting them for free).

But many of the criticisms of this article (that the fish end up being provided by a few big trawlers, that don't employ many people) are actually signs of economic efficiency. The most fish are being provided at the least cost. Yes, that ends up with very few people having fishing jobs, but it's great for consumers!

Mark

P.S. I have to go, to finish a global warming web page, for a class of mine. I'll be back tomorrow or Wednesday.

P.P.S. Many of the criticisms in this article remind me of a U.S. economist who was in China. He saw people digging ditches with shovels, and said, "Geez, with a backhoe you could do this a lot faster." The Chinese guys said, "Yes, but that would leave a lot of people unemployed." The economist responded, "Oh, well...if you're trying to get the maximum possible number of people employed, why don't you give them spoons?" :-)

210 posted on 02/18/2002 1:54:05 PM PST by Mark Bahner
[ Post Reply | Private Reply | To 205 | View Replies ]


To: Mark Bahner
Perhaps, but the economist did not suggest giving them ownership of the ditch and all that was in it.
211 posted on 02/18/2002 1:57:12 PM PST by jwalsh07
[ Post Reply | Private Reply | To 210 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson