Wisdom of Local People
Explore the wisdom of local people in solving urban problems and how it surpasses the imposition of one-size-fits-all solutions. Dive into the discussion on monocentricism versus polycentric systems and discover the efficiency and feedback gained through the latter. Learn about the common theme of the wisdom of local people throughout the Ostroms' work, from cities to developing countries, and Lynn's insights on aid and nested games.In this clip
From this podcast
EconTalk
Peter Boettke on Elinor Ostrom, Vincent Ostrom, and the Bloomington School
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