Working Waterfront

The ocean as natural capital

Standing onshore, we perceive the ocean as locality, the curve of the beach, the limit of the harbor, and as universality, the infinite inclusion beyond a distant horizon. We can look at the calculation of value in a similar way. We can understand capital as a monetized measure of value,… SEE MORE
Camden King Tide

Working Waterfront

Federal flood insurance evolved, but not for the best

[caption id="attachment_24986" align="alignleft" width="300"] The King Tide in Camden.[/caption] In the February/March issue of The Working Waterfront, Peter Neill of the World Ocean Observatory suggested using flood insurance premiums to reduce risk instead of repeatedly rebuilding damaged structures (“Rethinking insurance as investment, not pay-out”). The concept of diverting insurance premiums… SEE MORE
A view of Vinalhaven's downtown.

Working Waterfront

The island wave is part of self-governing

Reflections is written by Island Fellows, recent college grads who do community service work on Maine islands and in coastal communities through the Island Institute, publisher of The Working Waterfront. As I drove down Main Street on Vinalhaven for the first time, admiring the dozens of lobster boats moored in Carver’s… SEE MORE

Working Waterfront

A trio of history nuggets

As I’ve confessed before, history intrigues me, and more so with each passing year. Maybe it’s a function of age, since there’s more to look back on than ahead to as I slide through my 60s. One form this interest takes is classic movies. And actually, I’ve been hooked since… SEE MORE