The Future of the Commons by Elinor Ostrom

The Future of the Commons by Elinor Ostrom

This short book provides a brief introduction to the work of the late Elinor Ostrom, 2009 Nobel Laureate in economics. Her work is of vital importance in understanding how we can manage difficult environmental problems without top-down government regulation. As Professor Ostrom suggests, examples such as European Union fisheries illustrate the difficulties of approaching the management of common-pool resources with the mindset that government regulation can be a panacea. The monograph features a lecture given by Elinor Ostrom just before she died, as well as explanations of her work, its relevance and practical examples by other eminent authors. The authors help bring to life this crucial area of economics which is extremely important for all those with an interest in tackling environmental problems related to common-pool resources. This area is often ignored in mainstream economics textbooks, but is of huge practical relevance in both developed and less-developed countries.

Elinor Ostrom, who died in 2012, was awarded the Nobel Prize in Economics in 2009. She was the Arthur F. Bentley Professor of Political Science at Indiana University and cofounder and codirector of Indiana University's Workshop in Political Theory and Policy Analysis.

SKU	Unavailable
ISBN 13	9780255366533
ISBN 10	0255366531
Title	The Future of the Commons
Author	Elinor Ostrom
Condition	Unavailable
Binding Type	Paperback
Publisher	Institute of Economic Affairs
Year published	2012-11-13
Number of pages	107
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.