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Submitted by MSemTerraRobinHood on Tue, 03/16/2010 - 15:49.Elinor Ostrom Breaks the Nobel mould - celebrates the commons
The economics profession needs to be shaken up. Ostrom's Nobel prize should encourage us to take a fresh approach
Kevin Gallagher,guardian.co.uk, Tuesday 13 October 2009 17.00 BST
Elinor Ostrom (front) with members of the Irrigation Management
Systems Study Group during field work in Nepal.
Photo taken in March, 1993. Copyright © Arizona State University
The economics profession is in such disarray that one of the Nobel prizes in economics this year went to political scientist Elinor Ostrom – the first woman to be awarded the economics prize. This is an excellent choice
(in any year) not only because of what Ostrom has contributed to social
theory but also because of how she goes about her work. 


In a nutshell, Ostrom won the Nobel prize for showing that privatising natural resources is not the route to halting environmental degradation.
