Barrie Deas: Fishing ports caught in the net of new quota cuts

Once again it is politics, not fish left in the sea, which is destroying our fishing communities. This time it is an ill-conceived policy to reach Maximum Sustainable Yield (MSY) across all fisheries by 2015 that is to blame. MSY is a theoretical measure of the catch that can be taken annually from a stock consistent with its highest sustainable long-term yield. Paradoxically, MSY is a measure of economic efficiency but it is not economically efficient to bankrupt the fleet to get there. Read the rest here 10:02

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