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Commons

A Shout-Out for Ostrom

Maya Brahmam's picture

Elinor Ostrom, the only woman to be awarded the Nobel Prize for Economics died on June 12 in Indiana. According to various press reports, Ostrom shocked her peers when she was catapulted to fame, because, in a field mostly dominated by men, she reached well beyond the usual mathematical modeling of economists.

Ostrom’s best-known research was on the management of the commons. As noted in Slate, “Standard economic thinking about commons focuses on the idea of a ‘tragedy of the commons’…” According to many economists, individuals acting in their own self-interest, would ultimately deplete a resource like a common pasture, which is open to everyone. This idea was used to demonstrate the need for government regulation or control by private industry. 

Weekly Wire: the Global Forum

Kalliope Kokolis's picture

These are some of the views and reports relevant to our readers that caught our attention this week.

Nielson Wire
Mobile Phones Dominate in South Africa

Africa is in the midst of a technological revolution, and nothing illustrates that fact than the proliferation of mobile phones. Consider this: more Africans have access to mobile phones than to clean drinking water. In South Africa, the continent’s strongest economy, mobile phone use has gone from 17 percent of adults in 2000 to 76 percent in 2010. Today, more South Africans – 29 million – use mobile phones than radio (28 million), TV (27 million) or personal computers (6 million). Only 5 million South Africans use landline phones.  READ MORE