FT article by John Kay

[Brad DeLong]

>  >
>>  A valuable lesson from fish and forests
>>
>>  Destroying traditional cultures in pursuit of economic ideals does
>more harm
>  > than good

Traditional cultures and their methods of agriculture were designed 
for late-eighteenth century population densities. We now have eight 
times those population densities. *None* of the traditional ways of 
handling common-property resources work any more.

Brad DeLong