Elinor Ostrom was the first and so far only woman to win a Nobel Prize in economics. Her innovative work on ecological economics challenged the notion of ‘the tragedy of the commons’.
Her political economy analysis, focusing on trust, cooperation, diversity, deep democracy and innovative methodology, provides a basis for considering climate change. In this lecture, Derek Wall will outline, develop and critique her approach, and discuss how it might inform diverse efforts to deal with the challenge of a warming world.