Tag Archives: lobster

Some People Don’t Want A Glut Of Tasty Crustaceans

From the NYT:  Canadian Fishermen Boiling Mad Over Maine Lobsters (A follow-up to Not Really a Market Failure: Lobster Edition) A huge and potentially record-breaking haul of crustaceans in Maine and Canada this year has caused a market glut and a … Continue reading

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Not Really a Market Failure: Lobster Edition

From the NYT:  In Maine, More Lobsters Than They Know What to Do With But the bounty has come with a downside for fishermen. A relatively warm winter prompted soft-shell lobsters to appear in June, about a month early, and … Continue reading

Posted in Economics, Monopoly | Tagged , , | 2 Comments