Elinor Ostrom awarded the Nobel prize in economics? Who? no doubt some of you are wondering. Well, sharp-eyed readers will have noted that I have referred to her any number of times (which I will reprise later, as this post has gotten too lengthy). I excerpt below some of the praise Elinor Ostrom has...
as this article in the July 7 NY Times shows. This is not at all surprising, as owners all have incentives to protect their property, and relatively small communities of people can work together well when needed. One can expect to see increasing sophistication in voluntary fire-fighting and in fire prevention...
Jeffrey Tucker asks the above question on the main Mises blog , in a version of an article he posted earlier on InsideCatholic . The essay stirred a few thoughts by yours truly, including the following which I posted in the comment thread: Jeff, you're right that money does not taint everything,...