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THE WORLD’S WATERS are dangerously overfished, threatening the health and livelihood of millions across the planet.

A new study from consulting firm California Environmental Associates, part of which appeared in the journal Science last week, estimates that “over 40 percent of fisheries have crashed or are overfished, producing economic losses in excess of $50 billion per year.” If you’ve heard more encouraging numbers before now, that’s because these new figures include estimates of what’s happening to unmonitored stocks, from which fishermen draw 80 percent of the world’s harvest, not just those stocks that authorities closely assess.