The over fishing of salmon near Russia is becoming a serious problem. Fish are being hunted so quickly and effectively that they are unable to spawn at a fast enough rate to maintain the population. The over demand for salmon for an under supply of fish is causing prices to go higher. So how do we solve this problem of over fishing? Tax both the fish, and the licenses needed to fish the salmon. Tax for selling salmon, and then tax buying salmon. Though this would probably hurt the economy and the fisherman, it is important to stop this problem.
Welcome to Rye Country Day's Economic Blog. Here you will find perspectives by students taking Economics at Rye Country Day School. It is meant to be a forum where students can openly express their ideas and take positions on relevant economic issues. I urge everyone to participate in presenting their own ideas in an open manner so that we can all learn from each other. Regardless of whether you are currently taking Economics, everyone is invited and encouraged to comment on articles and get involved. Feel free to e-mail me, Alex Osborne at firstname.lastname@example.org , with comments or suggestions.