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Jimmy Breeze's Library tagged commons   View Popular

13 Oct 09

Marginal Revolution: Elinor Ostrom and the well-governed commons

  • A formally government protected forest, for example, will fail to protect if the local users do not regard the rules as legitimate. 
  • In Hayekian terms legislation is not the same as law.  Ostrom's work is about understanding how the laws of common resource governance evolve and how we may better conserve resources by making legislation that does not conflict with law.

The Ostrom Nobel — Crooked Timber

  • It is also a vote in favor of supplementing quantitative work with qualitative understanding
  • Elinor Ostrom has challenged the conventional wisdom that common property is poorly managed and should be either regulated by central authorities or privatized. Based on numerous studies of user-managed fish stocks, pastures, woods, lakes, and groundwater basins, Ostrom concludes that the outcomes are, more often than not, better than predicted by standard theories.
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11 Nov 08

Marglin on Markets and Community | EconTalk | Library of Economics and Liberty

nice rendering of hayek and use of knowledge in society...talking about tacit knowledge...analogy of cooking: the cook ends up with a dish but they can't necessarily explain how they created/cooked it...knowledge is at least partly in the doing, the proce

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economics markets knowledge commons communication people

Karol Boudreaux on Wildlife, Property, and Poverty in Africa | EconTalk | Library of Economics and Liberty

community based wildlife management in Namibia...community based stewardship of local resources...model for West?...localisation, implementation of effective property rights and ownership...remove 'command and control' approach to conservation and replace

www.econtalk.org/...karol_boudreaux_1.html - Preview

commons collaboration sustainability development africa nature environment

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