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Elinor Ostrom is in the past tense. RIP 

[Imported from Trac: page Ostrom, version 8]
zooko 2012-10-22 15:26:50 +00:00
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Ostrom.md

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The grid of storage servers which contribute space for clients to use is a common good—all clients benefit from capacious, reliable, well-performing servers. One way to manage this common good would be integrate a payment system, such as MojoNation did. Many Tahoe-LAFS hackers are very interested in Bitcoin as an option for that. But another—perhaps complementary—approach is community socialization. Elinor Ostrom is an economist who won the Nobel Prize for investigating how groups of people in the real world manage shared resources. Her results are inspiring! Maybe not all resources are optimally mediated by economic transactions between passing strangers. The grid of storage servers which contribute space for clients to use is a common good—all clients benefit from capacious, reliable, well-performing servers. One way to manage this common good would be integrate a payment system, such as MojoNation did. Many Tahoe-LAFS hackers are very interested in Bitcoin as an option for that. But another—perhaps complementary—approach is community socialization. Elinor Ostrom was an economist who won the Nobel Prize for investigating how groups of people in the real world manage shared resources. Her results are inspiring! Maybe not all resources are optimally mediated by economic transactions between passing strangers.
Here is a podcast of a couple of economists discussing Ostrom's work: <http://www.econtalk.org/archives/2009/11/boettke_on_elin.html> Here is a podcast of a couple of economists discussing Ostrom's work: <http://www.econtalk.org/archives/2009/11/boettke_on_elin.html>