Category Archives: Ostrom
The economists who dominate graduate school education have a lot they could learn about how to provide competent economic explanations from the most recent winner of the Nobel Prize in economics.
Interaction of individuals, possessing different knowledge and different views, is what constitutes the life of thought. The growth of reason is a social process based on the existence of such differences It is of its essence that its results cannot be predicted, that we cannot know which views will assist this growth and which will not. — F. A. Hayek