Wednesday, August 06, 2008
The Economist on the Commons
Charlotte Hess and Elinor Ostrom are quoted, and the article comes to the conclusion that the study of the "traditional" commons might teach us something about how to handle new commons including many global commons such as the atmosphere or the world's oceans:
The economics of the new commons is still in its infancy. It is too soon to be confident about its hypotheses. But it may yet prove a useful way of thinking about problems, such as managing the internet, intellectual property or international pollution, on which policymakers need all the help they can get.
Add your own thoughts to the discussion on OntheCommons, on the Economist website, or here in the comments.
--- cross posted to the Cooperation Commons blog