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Tragedy of the Commons

A Nobel Prize for Sharing the Commons and Avoiding the Tragedy of Copenhagen

Mike Sandler | Posted 10.16.2009 | Green

Read More: Elinor Ostrom, The Commons, Tragedy of the Commons, Nobel Prize, Climate Change, Copenhagen 2009, Green News
Mike Sandler

Elinor Ostrom's work won her the Nobel Prize in Economics but it could have significant impact on the environment, if applied to fisheries, groundwater, the ozone layer, public forests and oceans.

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Why Ostrom's Nobel Is Even More Shocking Than Obama's

Randall Amster | Posted 10.14.2009 | Business

Read More: Resources, Tragedy of the Commons, Elinor Ostrom, Nobel Prize, Obama Nobel Peace Prize, Nuclear Weapons, Economics, Conflict, Cooperation, Resource Conflict, War, The Commons, Nobel Peace Prize, Socialism, Mutual Aid, Business News
Randall Amster

Make no mistake, despite the somewhat tame Nobel committee description, Ostrom's body of work is inherently radical, demonstrably anti-corporate, and implicitly socialistic.

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Stroger and Madigan Meet Econ 101

Paras Bhayani | Posted 10.08.2009 | Chicago

Read More: Arthur Laffer, Tragedy of the Commons, Todd Stroger, Michael Madigan, Cook County Board, Mayor Daley, Mark Walker, Chicago Taxes, Illinois Taxes, Gregory Mankiw, Laffer Curve, Cook County Sales Tax, Chicago News
Paras Bhayani

Pity Todd Stroger, the embattled Cook County Board chief who, having served the machine faithfully, is now being tossed under the bus as voters turn their ire on tax-happy politicians.

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Using Markets to Make Fisheries Sustainable

Robert Stavins | Posted 05.01.2009 | Green

Read More: Conservation, Cap and Trade, Markets, Environmental Policy, Tragedy of the Commons, ITQs, Sustainable Food, Fish, Sustainability, Sustainable Fishing, Individual Transferable Quotas, Fisheries, Seafood, Green News
Robert Stavins

What has long been considered the obvious answer to collapsing fisheries -- restrictions on fishing -- has been shown time and time again to be the wrong answer. The right answer is enlightened use of markets.

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Water, Water Everywhere? Sustaining Scarce Resources in the Desert

Randall Amster | Posted 04.05.2009 | Green

Read More: Tragedy of the Commons, Progress, Sustainable Resources, New Mexico, Water, Acequia, Environment, Privatization, Environmentalism, Climate Change, The Commons, Arizona, Water Crisis, Bottled Water, War, Oil, Green News
Randall Amster

It's one thing when the desert is bereft of water, but the marshlands? The nation's agricultural leader? Major cities? Whole continents? And this is only the beginning.

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Why the Financial Meltdown Reflects the Fundamental Failure of the Bush-McCain Economic Philosophy

Robert Creamer | Posted 10.17.2008 | Politics

Read More: Presidential Election, Obama, Mccain, Economic Policy, Market Meltdown, Lehman Brothers, Economy, U.S. Economy, Phil Gramm, John McCain, Tragedy of the Commons, McCain Economy, Fannie Mae, 2008 Election, Barack Obama, Merrill Lynch, Freddie Mac, Fannie Mae Freddie Mac Bailout, Politics News
Robert Creamer

The American mortgage market now provides us with another clear example of how the fundamental premise of right-wing economic thought is dead wrong.

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