Wednesday, October 14, 2009
This years nobel in economics went to Elinor Ostrom and Oliver Williamson. If your wondering who these guys are then you may find the following links helpful.
CATO ... defending their apparent liberal bents.
The Harvard Crimson ... seems Harvard are skirty that Oliver Hart didn't get it.
Vernon Smith on Ostrom ... good background on Ostrom
George Mason ... also has a number of Ostrom links
John Nye (Forbes) ... good background on both winners
Marginal Revolution on Williamson ... background on Williamson's major contribution
Its interesting to note that they both appear to be fairly free market based economists ... which makes you wonder how they got nobels in the current climate.