With the start of this year’s Co-operatives Fortnight, I would dedicate time and appreciation to mark the life of Elinor Ostrom, who has died this month. A brilliant, co-operative economist, Elinor Ostrom was the co-recipient of the ‘Nobel’ prize for economics.
Her story is told briefly in the New York Times, including the initial ignorance and astonishment of mainstream economists that her work on co-operation was being recognised.
Her work was far from complete, but in many ways, she would have recognised the world of co-operative enterprise as its continuation in practice.