This past week, The Economist hosted the World Oceans Summit in Singapore with a progressive mandate to “examine how the increasing activity in and around the oceans can be managed sustainably and what this means for business and other key stakeholders.”

But in this week’s edition of The Economist, an extremely simplistic essay on overfishing, entitled “How to stop fishermen fishing“, misses the boat badly, and begs a broader re-examination of the issue from the perspective of markets – something the newspaper is always concerned with. Continue reading »