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Professor Elinor 'Lin' Ostrom

Ostrom was best known for her studies of how local groups manage natural resources.

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In November, Indiana University Bloomington unveiled a statue honoring political theorist and former professor Elinor "Lin" Ostrom, the first woman to win the Nobel Memorial Prize in Economic Sciences. Ostrom, who died in 2012 at age 78, was best known for her studies of how local groups manage natural resources.

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  2. Has the statue been torn down yet? She’s a white woman who studied the problematic patriarchal colonialist issue of economics so she’s got to go.

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  5. Thanks for the heads up on this. Followed this up with a google search and Dr. Ostrom appears to be worth a second look.

  6. Needs more meat to the topic. Ostrom has a major groundbreaker in a science drowning in endless differentials and derivatives. She gets to the heart of economics itself, the allocation of scarce resources in a society. She threw the shoe at those crusty old men who asserted that a strong state was needed in order to solve the problem of the commons and manage natural resources. She fully deserved her Nobel Prize.

    1. Agree. Except that this is officially the Sverige Riksbanks Prize in Economic Science in memory of Alfred Nobel

      It is an excellent example of what money can buy and how money can be used to rewrite truth. Sverige Riksbank gave money to the Nobel Foundation in 1968 to create an endowment for the prizes. In exchange, the Nobel Foundation has publicly pretended that Nobel rewrote his will after death.

      There were plenty of ways for this sort of post-facto new prize to be – basically honest. Why is it not a surprise that the economics prize isn’t that.

      1. Interesting criticism

    2. I had the privilege of going to a very small group lecture she gave a few days before her death. Several people tried to get her to espouse standard big-government liberal values in the discussion after the talk and she cut them off at the knees. It was clear they knew nothing about her scholarship at all.

      1. Err, few years, not days.

  7. If it is discovered that Ostrom ever uttered the N word (even as a child), her statue will be removed and her life will be cancelled by left wing wokes.

    1. If you really can not think of anything to say maybe its best to say nothing.

  8. Three recommendations:

    Ostrom, Elinor (1990). Governing the Commons: The Evolution of Institutions for Collective Action. Cambridge, UK: Cambridge University Press. ISBN 978-0-521-40599-7.

    Ostrom, Elinor; Walker, James; Gardner, Roy (1994). Rules, games, and common-pool resources. Ann Arbor: University of Michigan Press. ISBN 978-0-472-06546-2.

    Ostrom, Elinor; Hess, Charlotte (2007). Understanding knowledge as a commons: from theory to practice. Cambridge, Massachusetts: MIT Press. ISBN 978-0-262-51603-7.

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