Prof Elinor Ostrom (1933-2012)

By this time, many of you might have already read the sad news of passing away of a great classical liberal economist and the only Noble Prize winner in Economics so far. I am talking about Prof Elinor Ostrom. 

Here are some interesting introspects which enriches our ignorance.

In 2011 interview with NDVT she said not something new but an important aspect which otherwise gets credits of take always granted.

• I urge people to respect the indigenous people. In terms of health knowledge, there is a lot of indigenous knowledge about herbs and other things that work for illness and how to manage illness in an effective way. But we also find that sometimes indigenous knowledge is wrong and as we do tough science, we say “no, that’s wrong”. What I object to is the presumption that the government officials have got all the knowledge and locals have none.

There are many obituary's on Prof Ostrom. Read some of these here, here, here, here. Finally, her last article published is here.