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"The idea that catch shares generate substantial revenue gains appears to be a possibility but not the rule." Evidence from 39 US fisheries indicates that in many cases, catch share programs have no statistically significant effects on prices. journals.uchicago.edu/doi/10.1086/72…

she's everything. he's just ben

We are seeking proposals that include Indigenous Knowledge into decision-making for our oceans and coasts. If you're passionate about creating a more inclusive and sustainable future, check out the webpage to learn about our current open call. youtu.be/wpj1kEXGAaQ?si…

“There are not people knocking down our door trying to buy kelp […] the mainstream consumers in our country, at least, don’t see it as a food source that they’re familiar with.” There’s a lot of interest in seaweed but establishing markets will be challenging.

Russia being blamed for the collapse in ex-vessel prices for Alaska salmon: “Russia harvested pink volume equivalent to the entire Alaska pink annual forecast, and [are willing] to offload inventory at very low prices in part to fund the war in Ukraine” nationalfisherman.com/alaska/economi…

Regular reminder that "shrinkflation" is included in CPI calculations.

BoC giving a nod to the macro “demand pull” theory of inflation, but they could be more explicit: greater spending on mortgage costs today is displacing other forms of spending, which in aggregate is determined by the balance between income and saving.

Spent yesterday hiking to the summit of Locomotive Mountain

The Nobel Prize in Economics has been awarded to Claudia Goldin. Most economists will immediately know why she won. This is a very quick thread, aimed at non-economists, explaining why her work on the the labour market outcomes of women has been awarded the Prize.

My personal top-5 favorite graphs/exhibits from Claudia #Goldin papers 1. Gender pay gap is present in (almost) all occupations, even controlling for age, race and education. Why? Because of the "value placed on the hours and job continuity of workers" aeaweb.org/articles?id=10…

No trip to Northern California is complete without a visit to the redwoods

A pretty interesting editorial in the The Globe and Mail today, though one that makes (what I think is) a pretty common mistake with regard to the Bank of Canada's mandate. Short 🧵theglobeandmail.com/business/comme…

"Benefits of liberalized trade are usually broadly dispersed gains to consumers, sectors and communities [...] Hence, there are no natural champions outside of think tanks and academia. Losses, on the other hand, are generally concentrated and well known" theglobeandmail.com/business/comme…