Title: Planet Money: A Change in Market Structure Protects Alaskan Fisherman
Course: Indiana Economics Sample Syllabus > Section: Unit 3: Market Structures

Government policies designed to prevent over fishing inadvertently made halibut fishing in Alaska very dangerous. Fishermen pushed back, and a new policy was put in place that has made the industry safer. The new policy regulated competition by making the fishing more efficient. Listen to this story to understand how government-mandated changes in the market structure had unintended consequences.