Economics

Enrichment

Women who changed the world: Elinor Ostrom

Geoff Riley

30th July 2017

A resource arrangement that works in practice is one that can work in theory!

A short video here on political scientist & Nobel laureate Elinor Ostrom

Women who changed the world: Elinor Ostrom #NobelPrize pic.twitter.com/pZAumaySwx
— The Nobel Prize (@NobelPrize) July 28, 2017

Ostrom made a huge contribution to our understanding of how to overcome the Tragedy of the Commons including bottom-up self governance, social norms of proper conduct, voluntary mutually agreed rules & penalties

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

@tutor2uGeoff