Quote of the day
The Constitution was the expression not only of a political faith, but also of political fears. It was wrought both as the organ of the national interest and as the bulwark of certain individual and local rights.
Elinor Ostrom
Born: August 7, 1933
Died: June 12, 2012 (aged 78)
Bio: Elinor Claire "Lin" Ostrom was an American political economist whose work was associated with the New Institutional Economics and the resurgence of political economy. In 2009, she shared the Nobel Memorial Prize in Economic Sciences with Oliver E.
Known for:
- Governing the commons (1990)
- Understanding institutional diversity (2005)
- Trust And Reciprocity
- Rules, games, and common-pool resources