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The Price of Fish
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Winner of the Gold Medal in the Financial/Economic Category of the IPPY Awards (Independent Publisher Awards) in the US.

About the Author

Educated at Harvard, Michael Mainelli is Commerce Professor Emeritus and Fellow at Gresham College (founding home of the Royal Society and former home to Christopher Wren). He is also Visiting Professor at LSE and was responsible for creating the London Accord the world's leading research cooperative into environmental, social and governance investment. He is the co-founder of Z/Yen, the City of London's leading commercial think-tank established in 1994 to promote societal advance through better finance and technology. Over the course of his career, he has worked in economics, political science, seismology, cartography, energy information, research and development, in defence and at the highest level of accountancy. Ian Harris is a co-founder of Z/Yen, having previously conceived and launched the award-winning joint venture Charity Share and guided the Marine Stewardship Council towards a Best Practice award for its strategic planning and governance, as well as working to solve oth

Reviews

"We have all discovered, painfully, that there are some areas, important to our existence, where price signals have worked badly or not at all. Financial markets are one. Deep sea fishing - part of the tragedy of the commons - is another. This book is a challenging contribution to understanding these failures". Vince Cable, Secretary of State for Business, Innovation and Skills "I defy anyone not to enjoy this presentation of global issues explained in an innovative way with amusing anecdotes and analogies." Sir David Lewis, former Lord Mayor of London, former Chairman and Senior Partner, Norton Rose. "It's clear that virtually every global system, from finance to mass media and ecosystems to commodity markets, is creaking. Worse than that, the current structures on which our planetary, social and financial health are based have all proved to be expensive, damaging and perverse failures. In a planetary economy crying out for fresh thinking, smart analysis and, crucially, pragmatic optimism, anything Michael Mainelli and Ian Harris have to offer is not only worth a look but arguably a must-read. I recommend this book to anyone who thinks there must be cleverer ways in which civilisation can manage its future." Brendan May - environmentalist - founder, Robertsbridge Group, UK Chairman, Rainforest Alliance, and former CEO, Marine Stewardship Council. "For someone who is not a professional economist, Michael Mainelli thinks more cleverly about economics than anyone else I've met or read. I have never had a discussion with Michael without feeling that I've learned something new. 'The Price of Fish' will provoke, enrage and intrigue people. But above all it will enlighten." Douglas McWilliams, Chief Executive, Centre for Economics and Business Research "In this thought-provoking and enlightening book, Mainelli and Harris highlight a point that economists too often forget: that economics is, at its heart, the study of human behaviour, and that both commerce and its wicked sister, finance, mean nothing unless they are connected to people and society." Bill Emmott, Editor of The Economist 1993-2006, author, and conceptual fisherman. "Your mother used to tell you that fish is good for the brain. Reading this terrifying analysis will prove her right." Stephen McDowell, Editor-in-chief, Interactive Investor Group. "This book shows how unpicking something as innocent as the price of fish reveals an interconnected world of "wicked problems", unravelling which will be vital to squaring the demands of a rising population with climate change and resource depletion." Gerard Wynn, Environmental Markets Correspondent, Reuters News. "From their background of economics, law, accountancy and leading edge work for defence, academic and research institutions, Michael and Ian have proved adept in presenting to commercial enterprises and interested laymen the complicated interactions in the real world of those theories and disciplines with human foibles, accelerating technological change, general noise and interference from misguided politicians with agendas and incompetent bureaucrats, causing unintended consequences and manifest disasters in the global financial and commercial affairs of society. Refreshingly they tell it as it is and we are all the better for it." Jack Wigglesworth, founder and former chairman, LIFFE (now NYSE Euronext Liffe). "Academics tend to be locked into their own disciplines, unable to apply different ways of thought or ask different questions. The Price of Fish is a lucid and provocative challenge to many ways of thinking about our world; it will be read by, and will benefit, anyone who realises that apparently simple questions conceal, and require, complex answers which draw on wider knowledge than most of us possess." Professor Sir Roderick Floud, Provost, Gresham College. "Crazy but worth your attention." Sir Willie Purves, former Chairman, HSBC. "Mainelli and Harris offer in the 'Price of Fish' an original and insightful look at the big and important long-term issues facing society today, the 'wicked' problems. Better yet, they provide a framework to analyze these issues: choice, economics, systems, and evolution. Policy makers need to read this book." Donald J Smith, Boston University, author of "Bond Math: The Theory Behind the Formulas". "As one of the world's largest fish buyers I lived on a daily basis with this 'Wicked Problem'. Michael's and Ian's contribution is a welcome insight to complex commercial decision making." Mike Parker, former Deputy CEO, Findus Group, Europe's largest seafood processor. "The Price of Fish recognises the importance of competition within a complex world of consumer choice and evolving markets. Mainelli and Harris give policy-makers a richer framework for decision-making, one that applies from finance to scarce resource management and beyond." Charlie McCreevy, former EU Commisioner and former Irish Minister for Finance. "Mainelli and Harris are very bright fellows. It shows in this elegant and witty approach to resource economics which tackles all those dangerous issues which arise when Mother Earth and the market collide." Richard D North, fellow, Social Affairs Unit and media affairs fellow, Institute of Economic Affairs "Michael Mainelli and Ian Harris are among the most interesting lateral thinkers on key economic issues of the day. They succeed brilliantly in making their provocative ideas comprehensible to mere mortals." John Plender, Columnist, Financial Times "Politicians cling on to today's economic orthodoxies like grim death - unwittingly hastening the collapse of the global economy in the process. The ironic and illusion-busting insights of Mainelli and Harris could be just the ticket in wrenching those politicians back to reality." Jonathon Porritt, Founder Director, Forum for the Future "This book is - in the best sense of the word - 'wicked'. Elliptical, provocative, discursive, infuriating, good for a Notting Hill dinner party - not unlike the authors." Andrew Hilton, Director, CSFI

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