Derby Fishery and Its Harsh Incentives

It wasn’t so long ago that America’s fisheries were in a state of collapse, with cratering fish stocks and well-meaning but impractical government regulations threatening the livelihoods of 1.6 million people and a $180 billion dollar industry. But then, an unlikely alliance of environmental activists and commercial fishermen kind of miraculously turned things around, leaving the nation’s four million square miles of fishing grounds healthier -- and more profitable -- than they’ve been in decades. Buddy Guindon, a commercial fisherman on the Texas Gulf Coast, and Scott Hickman, a charter fisherman who once saw Buddy and his ilk as ruthless competitors for ever-more-elusive fish join The Excerpt to share their stories.

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Episode transcript available here. 

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