How to Save New England’s Fishing Villages

Ron Bailey points out that maybe we are beginning to learn from the death of the Newfoundland fishery.

Earlier this month, the Bush Administration proposed a sensible way out of this death spiralââ?¬â??create individual fishing quotas (IFQs). In other words, give the fish to individual fishers; then each one would have an incentive to protect and increase the size of his or her catch. We know that IFQs work. . .