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by sobani
2222 days ago
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> any historical examples where government policy other than deregulation has increased the efficiency with which a resource is used? Not really an example, but any government policy that deals with a tragedy of the commons situation. Take for example the NW Atlantic cod fishery: "In the summer of 1992, when the Northern Cod biomass fell to 1% of earlier levels [...]" [0] I'm sure that if Canada, the US and Greenland had come together and determined a fishing quota, those fishermen would still have a job today. Instead they were so 'efficient' that there was nothing left for them to catch. [0] https://en.wikipedia.org/wiki/Collapse_of_the_Atlantic_north... |
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