Monday, June 18, 2012

Elinor Ostrom, Winner of Nobel in Economics, Dies at 78

The New York Times reported a few days ago, Elinor Ostrom, Winner of Nobel in Economics, Dies at 78 "Elinor Ostrom, the only woman to win the Nobel Memorial Prize in Economic Science — an achievement all the more remarkable because she was not actually an economist — died on Tuesday in Bloomington, Ind. She was 78."

"Professor Ostrom’s prizewinning work examined how people collaborate and organize themselves to manage common resources like forests or fisheries, even when governments are not involved. The research overturned the conventional wisdom about the need for government regulation of public resources."

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