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Anthony J. Evans
31 October 2009
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I was shocked but delighted to learn that Elinor Ostrom has won the 2009 Nobel Prize in economics. Elinor Ostrom defies neat categorisation. She has a faculty position and an education in...
Richard Wellings
13 October 2009
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Two recent IEA authors have been awarded the 2009 Nobel Prize in Economic Sciences. Elinor Ostrom and Oliver E. Williamson contributed papers to the September 2008 edition of Economic Affairs, which...
Martin Ricketts
20 October 2008
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The present financial crisis illustrates clearly the fundamental importance of institutional structure to the satisfactory operation of a market economy. Looking at the present carnage it is hard...