Feds move to markets for fisheries

The Bush Administration has proposed using markets to ration rather than limits and controls that have not worked. It’s a long overdue step, one the Reason has been pushing in collaboration with PERC and Environmental Defense. You can get a lot more information on the Bush proposal and the whole issue of markets in fisheries here. See here for a joint Reason/PERC/ED report on the issue, and here for Reason’s recent study on conservation through private initiative.