Governing the Commons: The Evolution of Institutions for Collective Action (Political Economy of Institutions and Decisions)
amazon.comSaved by sari
Governing the Commons: The Evolution of Institutions for Collective Action (Political Economy of Institutions and Decisions)
Why Nations Fail: FROM THE WINNERS OF THE NOBEL PRIZE IN ECONOMICS: The Origins of Power, Prosperity and Poverty
amazon.com
Ostrom’s response to the ‘Tragedy’ was different. Heavily influenced by Hayek, she resisted the idea that states know best. But neither did she sympathise with the rush to assign private property rights. Instead she drew on her empirical work to suggest another alternative. In some circumstances, she insisted, there is no tragedy. Commons are owned
... See more