Conversation

#Ostrom "She was a scholar who looked out the window, to adapt a phrase from her fellow #Nobel laureate Ronald #Coase, and she showed empirically and experimentally how institutions evolve to manage #commonpool resources “without any regulation by central authorities or privatization.” In other words, effective, context-specific governance of common-pool resources is not planned and imposed from above by wise rule-makers."
#commons
https://www.forbes.com/sites/artcarden/2019/08/07/elinor-ostrom-tragedy-of-the-commons-birthday/