Sublime

Elinor Ostrom,

Elinor Ostrom,

Elinor Ostrom, the first woman to receive the Nobel Prize in economics, spent her life working on an economics of collaboration rather than competition.

She’s a Nobel Prize–winning economist who has identified eight features necessary to maintain a stable community property resource.1 This wisdom applies to many of the communities you’ll grow. While Ostrom’s work overlaps with ideas I have already shared, it focuses more on long-term community management than on creating belonging and is worth expl

Ostrom identifies “common pool resources,” which have two characteristics: they produce a steady stream of benefits accruing from the resource, and it is very difficult to exclude individuals.

“Were there practices for the long-surviving institutions that are not there for the failed systems?” Decades of research led her to codify eight “design principles” for stable local common pool resource management.