Ostrom Elinor Horoscope

Ostrom Elinor

Aug 7, 1933

Rating : AA (Data from a birth certificate)

Aquarius
Moon Sign

Cancer
Sun Sign

Gemini
Lagan

Biography

American political economist whose work was associated with the New Institutional Economics and the resurgence of political economy. In 2009, she shared the Nobel Memorial Prize in Economic Sciences with Oliver E. Williamson for "her analysis of economic governance, especially the commons". To date, she remains the only woman to win The Prize in Economics. After graduating with a B.A. and Ph.D. from UCLA, Ostrom lived in Bloomington, Indiana, and served on the faculty of Indiana University, with a late-career affiliation with Arizona State University. She was Distinguished Professor at Indiana University and the Arthur F. Bentley Professor of Political Science and co-director of the Workshop in Political Theory and Policy Analysis at Indiana University, as well as research professor and the founding director of the Center for the Study of Institutional Diversity at Arizona State University in Tempe. She was a lead researcher for the Sustainable Agriculture and Natural Resource Management Collaborative Research Support Program (SANREM CRSP), managed by Virginia Tech and funded by USAID. Beginning in 2008, she and her husband Vincent Ostrom advised the journal Transnational Corporations Review. She died 12 June 2012. Link to Wikipedia biography Read less

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Update at: Jul 3, 2025

`` Elinor Ostrom

Elinor Ostrom (1933-2012)

Elinor Ostrom was a political economist whose work focused on the governance of common-pool resources (CPRs), such as forests, fisheries, and irrigation systems. She challenged the conventional wisdom that common resources are inevitably overexploited and degraded unless managed by government regulation or privatization.

Born in Los Angeles, California, on August 7, 1933, Ostrom earned a Ph.D. in political science from the University of California, Los Angeles. She became the first woman to receive the Nobel Memorial Prize in Economic Sciences, which she shared with Oliver E. Williamson in 2009.

Research and Contributions

Ostrom's research demonstrated that communities are often capable of effectively managing shared resources through collective action and self-governance. She identified eight design principles for sustainable governance of CPRs, including clearly defined boundaries, congruence between appropriation and provision rules, collective-choice arrangements, monitoring, graduated sanctions, conflict-resolution mechanisms, minimal recognition of rights to organize, and nested enterprises for large-scale CPRs.

She co-founded the Workshop in Political Theory and Policy Analysis at Indiana University, a leading center for the study of institutional analysis and development, and the International Association for the Study of the Commons (IASC). Her influential book, Governing the Commons: The Evolution of Institutions for Collective Action (1990), laid out her groundbreaking findings and continues to be widely studied.

Legacy and Impact

Elinor Ostrom's work has had a profound impact on the fields of economics, political science, and environmental studies. Her research has provided valuable insights into how communities can successfully manage shared resources, offering alternatives to top-down government control or privatization. Her work has influenced policy and practice related to natural resource management around the world, promoting community-based approaches to sustainability.

While Ostrom did not actively maintain a significant public presence on social media platforms like Twitter or Facebook during her lifetime (she passed away in 2012), her work continues to be discussed and celebrated online by academics, researchers, and practitioners in fields related to commons governance and sustainability.

The Ostrom Workshop at Indiana University continues her legacy by carrying out research and outreach activities based on her work. The International Association for the Study of the Commons also continues to be a prominent platform for researchers and practitioners interested in commons governance.

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