Quote of the day
What we observe is not nature itself but nature exposed to our method of questioning. Our scientific work in physics consists in asking questions about nature in the language that we possess and trying to get an answer from experiment by the means that are at our disposal.
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