Social Innovation Digs Deeply Into Markets and Hierarchies 276.0
It is good to be a blogger with just the modest goal of enriching the conversation than to be a PhD student who has to go through the logical labor of a formal review of literature. I can get away with cherry-picking great conclusions from different books, journals and traditions without being locked into formal [...]
Waiting for the 2010 Nobel Prize Winners 246.0
Th 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was updated on October 11, 2010: Peter Diamond (MIT), Dale Mortensen (Northwestern University), Christopher Pissarides (LSE) shared the prize for research that improved the understanding of search frictions in markets. Their work allowed a more realistic case than classic perfect competition in [...]
Subsidiarity as a 120-Year old Innovation from Rerum Novarum 142.0
From 1891, a ‘new thing’ from Pope Leo XIII stays relevant “… it is an injustice, a grave evil and a disturbance of right order for a larger and higher organization to arrogate to itself functions which can be performed efficiently by smaller and lower bodies. This is a fundamental principal of social philosophy, unshaken [...]
Zanjera as Community Resource Management 141.0
Robert Siy found lessons from a resilient Philippine model I think I have a gem in Robert Siy’s book, published in 1982 and out-of-print. This post is more a story of the sleuthing for nuggets of wisdom than of the gems themselves. I picked my second-hand copy up yesterday from Johnny Air Cargo at the [...]
Time for Smelling the Flowers 129.0
My reading list is growing … On a vacation in Beijing ten years ago, a favorite cousin counseled me to balance my reading with immersion in the real world – her phrase, “to smell the flowers!” The months of November and December will involve intense immersion for me with projects that ask for deep thought [...]
Elinor Ostrom, 2009 Nobel Prize in Economics 121.0
For a way to manage Commons without regulation or privatization Professor Elinor Ostrom, winner of the 2009 Nobel Prize in Economics, studied how communities managed Commons like grazing lands, pastures and similar natural resources to their advantage. As a political scientist, her theory shows that, with the right information, productive discussion and trust-based institutions, communities [...]
