Bahamian Conch Fisheries in Danger…

conchpile“The tragedy of the commons is an economics theory by Garrett Hardin, according to which the depletion of a shared resource by individuals, acting independently and rationally according to each one’s self-interest, act contrary to the group’s long-term best interests by depleting the common resource.” (Wikipedia) The concept was just beginning to be taught when I took my Economics classes (though they were dominated by Samuelson).

This linked article: Bahamian Conch Fisheries in Danger of Collapsing by Larry Smith in today’s Bahamas Pundit could have been a teaching example. The Pundit is a useful site for understanding what’s in the Bahamian discourse before and while visiting.

One response to “Bahamian Conch Fisheries in Danger…

  1. Pingback: Good Conch (News) | Periodically Peregrine

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