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5Vote!

The Business podcast: The resurgence of Keynesian economics

On this week's edition of The Business , instead of discussing the economic crisis – we examine the crisis of economics. Aditya Chakrabortty 's joined in the studio by the Guardian's economics editor Larry Elliott , as well as Roger Bootle , the managing director of Capital Economics, and political economist and John Maynard Keynes biographer Robert Skidelsky . Also in the podcast, we hear from...

3Vote!

GSU professor wins NSF grant

James C. Cox, director of the Experimental Economics Center at Georgia State University’s Andrew Young School of Policy Studies, and Prof. Elinor Ostrom of Indiana University, the Nobel Prize winner for economics, landed $800,000 in collaborative grants by the National Science Foundation.

3Vote!

would-be theories of the firm: oliver williamson interview

This last weekend I ran into an interesting 2006 interview with Oliver Williamson, by Geoffrey Hodgson and David Gintis. Here’s an interesting comment on theorizing: My recommendation is that all would-be theories of firm and market organization be examined with respect to the four precepts of pragmatic methodology: first, keep it simple; second, get it right; third, [...]

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Commons sense

Nobel Prize winner Elinor Ostrom's work lays the groundwork for crafting ground-up institutions that can govern the commons effectively.

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Common sense

Elinor Ostrom, winner of this year's Nobel Prize for Economics talks about climate change, India's development dilemmas, and the limitations of orthodox economics.

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Doug North on Williamson and Ostrom

Douglass North, 1993 recipient of the Nobel prize in economics, talks about the 2009’s laureates, Elinor Ostrom and Oliver Williamson. [via Gary M C Shiu] Posted in Economics, Nobel-Prize, Video, World, YouTube

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2009 Nobel Prize Winner Elinor Ostrom: We Need More Cross-Disciplinary Research

I’ve been saying this for years… If only I could find a cool interdisciplinary phd program. (H/T Finance Professor) Introduction (Via Wall St Cheat Sheet) 2009 Nobel Prize winner for economics Elinor Ostrom discusses the problems with siloing academic disciplines: Watch The Video Below Or Click Here For Our Subscribers

5Vote!

MoneyScience tweet: Video: 2009 Nobel Prize winner for economics Elinor Ostrom discusses the problems with siloing academic disciplines http://bit.ly/4bgAOQ

moneyscience: Video: 2009 Nobel Prize winner for economics Elinor Ostrom discusses the problems with siloing academic disciplines http://bit.ly/4bgAOQ

3Vote!

People First Economics

How can we rein in the beasts unleashed by the free market economy? Some of the world's greatest thinkers, writers and leaders propose the answers. Elinor Ostrom inspired chapter in People First Economics book Toxic debt, rising job losses, collapsing commodity prices and expanding poverty. How can we rein in these beasts unleashed by the free market economy? People First Economics takes a long, hard...

3Vote!

Elinor Ostrom has transformed economics.

by Derek Wall - Another Green World Derek Wall was the last Principal Male Speaker of the Green Party of England and Wales. "How to be green? Many people have asked us this important question. It's really very simple and requires no expert knowledge or complex skills. Here's the answer. Consume less. Share more. Enjoy life. " Penny Kemp and Derek Wall This blog promotes anti-capitalism, green...

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Ending the Tragedy of the Commons

It is becoming increasingly common knowledge that our world is on the brink of an unprecedented environmental crisis. However slow the reaction has been, it is beginning to take tangible form and, from petroleum to water, the need to preserve and reduce is becoming a mainstay of the global conservation. One of the essential—and painfully under-acknowledged—factors in this discussion is...

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The Ostrom method/countering climate change

If you want to know more about Elinor Ostrom's philosophy (and that of her husband Vincent, who went down the same path 15 years before her), then read this 2003 interview [pdf] with them. Now jump to 2009 and read Lin's ideas on global warming. Guess what? There is no one-size-fits-all solution! Abstract: This paper proposes an alternative approach to addressing the complex problems of climate change...

3Vote!

Powerful Women on Display in October 09

Powerful women were on display in October09, including Nobel Prize winner Elinor Ostrom, the first woman in history to win a Nobel Prize for economics, as well as Elizabeth Blackburn and Carol Greider, awarded the 2009 Nobel Prize in medicine....

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Nobel theology

Listening to an interview with Elinor Ostrom on NPR's Planet Money podcast, I was delighted to learn that one can, in a way, be awarded a Nobel Prize for theology. Technically, Ostrom was awarded the prize in economics "for her...