2min chapter

The Freakonomics Radio Book Club cover image

8. Is the Future of Farming in the Ocean?

The Freakonomics Radio Book Club

CHAPTER

The Biggest Loss in Fishing in Canada

The collapse of the cod industry was a tragedy for newfoundland. For smith, it was an inflection point. He decided to leave alaska and move back to the only place he'd ever thought of as home. The fish tasted terrible. It's not the collapse of thecod industry that was a tragedyfor newfoundland. We just got too good at catching fish. Part of that was world war too. That lot of the technology, radar spotter planes tracking tuna, huge factory ships, developed then. So that was the moment from a community based fishery, or nationally base fishery, to a global industrial fishery.

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