Showing posts with label Tradegy of the commons. Show all posts
Showing posts with label Tradegy of the commons. Show all posts

Monday, 20 August 2012

What has this got to do with the price of fish?


The report linked below states that the UK cannot supply enough fish from its own waters to meet demand. It uses the idea of a day in the year when we have eaten our years supply of fish - in 2012 that is August 21st.

Of course it does not work like that, each day Britain consumes, on average, about one third more fish than we catch.

The situation is complicated by quotas, which are aimed at preserving fish stocks.

Read the article and consider:

1. What should happen to the price of fish in the UK as a result of this 'excess demand'

2. Is it bad to import fish?

3. What happened to the fish? Britain used to be able to catch more than enough from her own waters.