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Free Content Examining the screenplay: public spending and private earning in American fisheries

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Abstract:

Many fisheries scientists currently advocate "rationalization" and "rights-based management," which essentially amount to complete privatization. The relevant economic theory is not new. I discuss how American cultural values regarding the ownership of fishery resources have prevented such polices from being implemented during previous eras. I also call attention to the discrepancy between public subsidy of American fisheries and the private profits earned from them and suggest that this issue be addressed as a component of any further privatization schemes.

Document Type: Research Article

Publication date: 2006-05-01

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  • The Bulletin of Marine Science is dedicated to the dissemination of high quality research from the world's oceans. All aspects of marine science are treated by the Bulletin of Marine Science, including papers in marine biology, biological oceanography, fisheries, marine affairs, applied marine physics, marine geology and geophysics, marine and atmospheric chemistry, and meteorology and physical oceanography.
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