by Sam Roggeveen
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15 October 2009 9:32AM
Via Will Wilkinson, here's a video of this year's Nobel laureate for economics, Elinor Ostrom, explaining how her work on overcoming the tragedy of the commons can be applied to environmental problems.
Wilkinson quotes one critic as saying Ostrom's theories tend to be most applicable at small scale, suggesting that the localism she favours is not so relevant to the climate change problem:
