<p>America's commercial fisheries are in jeopardy. With a significant percentage of the nation's fisheries depleted and fish populations declining in many regions, the health of the broader marine environment is also threatened. What should be done to reverse the decline and restore fish populations is a matter of much debate. However, most experts agree that our fisheries are not being managed in ways that will ensure the steady employment of fishermen and that will provide a dependable future supply of seafood to consumers.<p>There are those who believe that privatizing our fisheries is the best means to address the present crisis. The potential that privatization has to resolve a number of the problems currently plaguing our fisheries is undeniably attractive. However, as pointed out by prominent economists Seth Macinko and Daniel W. Bromley in Who Owns America's Fisheries?, unless certain key provisions are incorporated into IFQ programs, the health and stability of our fisheries are not only unlikely to improve, the deterioration of them may actually be accelerated.
About the Author
Daniel W. Bromley is listed in Who's Who in Economics, and is a Fellow of the Association of Environmental and Resource Economists, and the Agricultural and Applied Economics Association. He is Editor of the scholarly journal LAND ECONOMICS. He is an emeritus professor at the University of Wisconsin-Madison, and holds a Visiting Professorship at Humboldt University-Berlin.Bromley's work concerns the intersection of economics, philosophy, and law. He has worked in over 20 countries on problems of economic development, environmental policy, and the institutional foundation of markets. Most recently he has been an economic advisor to the Sudan People's Liberation Movement in its long-running civil war with the government of Sudan. He is currently leading a large research project on exports and household incomes in West Africa. His next book challenges two dominant ideas in the Westthat liberal democracy and "free markets" represent the inevitable "end of history" pace Francis Fukuyama, and that the world is now embedded in a "clash of civilizations" pace Samuel Huntington. He will show that neither hypothesis can withstand scrutiny.