Tragedy of the Commons

Todd Stroger Meets Econ 101

Paras Bhayani | Posted 05.25.2011

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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Game Change or Game Over

Matthew Stein | Posted 05.25.2011

Read More: John F. Kennedy, Sustainability, Deepwater Horizon, Ecology, Collapse, Gulf Oil Spill, Tragedy of the Commons, Green News
Matthew Stein

"Admittedly world organization with common obedience to law would be a solution. Not that easy.... Things cannot be forced from the top. The internati...

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The Media Tragedy of the Commons

Charles Warner | Posted 05.25.2011

Read More: Tragedy of the Commons, The New York Times, Media News
Charles Warner

Just like the farmers in medieval times who took too much advantage of a good grazing thing and faced an overgrazed dust bowl, newspapers and other news content providers today face an ever diminishing amount of advertising dollars.

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

Mike Sandler | Posted 05.25.2011

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 05.25.2011

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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Copenhagen and the Commons

Jamil Zaki | Posted 05.25.2011

Read More: Copenhagen Climate Talks, Tragedy of the Commons, Developing Countries, Cooperation, Public Good, Economics, Altruism, Selfishness, Climate Change, Psychology, Global Warming, Business News
Jamil Zaki

Informed, committed nations working together should be able to tap into people's common goal to stave off the effects of climate change, but the leaders at Copenhagen neglected some simple rules for creating such cooperation.

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Using Markets to Make Fisheries Sustainable

Robert Stavins | Posted 05.25.2011

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 05.25.2011

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 05.25.2011

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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