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Thread: Fish, mobile phones, and capitalism

  1. #1
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    Fish, mobile phones, and capitalism

    When fishermen acquired mobile phones, it let them find the best price for their catch before they headed back to port.
    As a result, their profits were up 8% and the price of fish at the market was down 4%, because there was less waste.

    http://www.economist.com/finance/dis...ory_id=9149142

    Chip H.

    Former owner: 2012 Honda Civic LX, 2006 Honda Ridgeline RTL, 2000 Honda CR-V EX, 2003 MINI Cooper S, 1992 Honda Accord LX, 1999 Mercedes ML-320, 1995 VW Jetta GLX, 1991 Mercury Capri XR2, 1981 Mercury Zephyr, 1975 Chevrolet Impala

  2. #2
    Vulture of The Western World Eric's Avatar
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    Re: Fish, mobile phones, and capitalism

    Quote Originally Posted by chiph
    When fishermen acquired mobile phones, it let them find the best price for their catch before they headed back to port.
    As a result, their profits were up 8% and the price of fish at the market was down 4%, because there was less waste.

    http://www.economist.com/finance/dis...ory_id=9149142

    Chip H.
    So long as they're not driving while yalping on those cell phones, it's ok with me!

  3. #3
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    Re: Fish, mobile phones, and capitalism

    Do boats count?

    Chip H.

    Former owner: 2012 Honda Civic LX, 2006 Honda Ridgeline RTL, 2000 Honda CR-V EX, 2003 MINI Cooper S, 1992 Honda Accord LX, 1999 Mercedes ML-320, 1995 VW Jetta GLX, 1991 Mercury Capri XR2, 1981 Mercury Zephyr, 1975 Chevrolet Impala

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