Elinor Ostrom on privatisation

Throughout her career the late Elinor Ostrom was keen to avoid crude ideological labelling, and the title of her 2012 Hayek Lecture ‘beyond market failure and government regulation’ confirmed a determination to chart an intellectual course avoiding conventional left v right confrontations. Nonetheless, there was a good deal within Ostrom’s analysis of environmental/common pool problems that chimed with the basic insights of classical liberal political economy.

Read the full blog post here

Source: http://www.iea.org.uk/blog/elinor-ostrom-on-privatisation

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