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For many commodities the opposite relation is true. Only when the commodities are used in a high enough quantity is there enough incentive to really try to cre
by zosima 3y ago
For many commodities the opposite relation is true.
Only when the commodities are used in a high enough quantity is there enough incentive to really try to create as much of them as possible.
I don't think lobster is more scarce these days, than it was in the past. Rather the opposite.
- sudhirc 3y agoThis paper disagrees with you. https://academic.oup.com/icesjms/article/72/suppl_1/i7/620442 https://academic.oup.com/icesjms/article/72/suppl_1/i7/62044...
- defrost 3y agoEvidence of lobster use comprises midden remains, artwork, artefacts, writings about lobsters, and written sources describing the fishing practices of indigenous peoples. I can't be the only one that loves a massive untouched midden pile. +1 for your paper.
- zosima 3y agoNo it doesn't. It claims overfishing in many areas. Not a decline in lobster.
- sudhirc 3y agoSeems like I am confused. Are you saying decline due to over fishing is acceptable? Doesn't that contradicts unlimited abundance argument?
- zosima 3y agoYes, your reply seems a bit disoriented. Overlobstering is a despicable habit which should be stopped wherever it's happening. It's just neither driving lobsters status as a luxury good, nor is it significantly affecting the amount of lobster.
- Turskarama 3y agoIt is extremely funny to me that you used lobsters as an example, as fishery collapse is probably the single most common type of resource exhaustion.
- zosima 3y agoThe choice of lobster was because I replied to a comment claiming lobster had become a luxury good, due to increasing rarity. Here is some index of north american lobster catch: http://www.asmfc.org/species/american-lobster http://www.asmfc.org/species/american-lobster Looks as though it may have stalled a bit since 2015. But before that lobster catch definitely grew a lot. Obviously with things like lobsters there'll be geographical variations, but I don't think there's any reason to suppose that lobsters have become a luxury good due to scarcity.