Over at Cafe Hayek , Don Boudreaux blogs about fishing and property rights. This got me thinking: What is necessary for rational allocation of fishing rights? Clearly, treating the ocean's fish as totally unownable is problematic, as that sort of thing would naturally lead to overfishing. At first...
Posted to
Natural Order
by
Grant
on Tue, Oct 2 2007
Filed under: Environment, Property Rights, Hayek, Commons