Quote of the day
The basis of tragedy is man's helplessness against disease, war and death; the basis of comedy is man's helplessness against vanity (the vanity of love, greed, lust, power).
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