All Posts Tagged With: "Elinor Ostrom"
Common Versus Government Property
A central contribution of Elinor Ostrom, which earned her a share of the 2009 Nobel Prize in economics, was to reclaim the commons as a legitimate form of property. (For more detail, see Peter Boettke’s December 2009 Freeman article.) Organization theorist Dick Langlois always makes it a practice in his European economic history class to [...]
19Apr2010 | Kevin A. Carson | 52 comments | ContinuedWhy Those Who Value Liberty Should Rejoice: Elinor Ostrom’s Nobel Prize
Elinor Ostrom, the first woman to win the Nobel Memorial Prize in Economic Sciences, is also one of the most iconoclastic thinkers to win it. (She shared it with Oliver Williamson.) Professor Ostrom’s work focuses on the mechanisms of self-governance that operate in different societies. Her intellectual curiosity led her to study local public economies—in [...]
18Nov2009 | Peter J. Boettke | 6 comments | ContinuedThe Importance of Ostrom
From Real Time Economics (Wall Street Journal): The main lesson is that common property is often managed on the basis of rules and procedures that have evolved over long periods of time. As a result they are more adequate and subtle than outsiders — both politicians and social scientists — have tended to realize. Beyond [...]
13Oct2009 | Sheldon Richman | 2 comments | ContinuedHow Fishing Communities Protect Their Future
Donald R. Leal is a senior associate of PERC. More examples of community-run fisheries can be found in his paper Community-Run Fisheries: Avoiding the Tragedy of the Commons (September 1996), published by PERC, 502 S. 19th Ave., Suite 211, Bozeman, MT 59718.) At the beginning of this century, violence periodically erupted among the community of [...]
1Feb1997 | Don Leal | 0 comments | Continued-
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