Lin Ostrom Wins Nobel for Economic Science
Lin Ostrom did research on community based institutions developed to manage common pool resources, specially irrigation system and forestry in Nepal in 90s. I had chance to work with her briefly, and learned at that time it is the hard work, dilligence, observation, analysis, love and human response were wrought in her heart. She woke up at 3am every morning and started writing. The below paragraph is just a copy and paste from wikipedia.org, the link is given at the end. I will write my experience with her in another blog. In the mean time, entire internet is flooded with the news of her geting Nobel Prize for Economic Science. Just google "Elinor Ostrom" you will get plenty! Thank you In 2009, Ostrom became the first woman to receive the prestigious Nobel Memorial Prize in Economic Sciences. The Royal Swedish Academy of Sciences cited Ostrom "for her analysis of economic governance," saying her work had demonstrated how common property could be successfully manage...