Monday, November 9, 2009

Elinor Ostrom has transformed economics.

I was amazed to find that Elinor Ostrom, a 76-year-old professor, had won the Nobel Prize for economics.While everyone else seemed to be asking: "Elinor who?" I was celebrating the fact that my favourite political economist had picked up the award.Ostrom - Lin to her friends apparently - shares the prize with Professor Oliver Williamson.While Williamson is not a radical thinker and uses elegant

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