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When Lin Ostrom won the Nobel in 2009, I was proud, and my (remedial) algebra teacher was thrilled that the honor finally went to a woman.

Pete- I'm just curious what you thought about the description? I'm not very familiar with her work but I was surprised to see her work described as calling for collective action.

She is a theorist of collective action -- see her presidential address to the APSA -- "A Behavioral Approach to the Rational Choice Theory of Collective Action." Lin Ostrom is a collective action theorist in the same way that James Buchanan is, or as Mancur Olson was.

Well deserved notice by Time, and she has indeed been very influential on a lot of peoples' thinking about these matters.

That's right,Time selects Lin Ostrom --- very well deserved recognition

I'd say she's a theorist of social action. There's a huge difference between that and collective action.

...and don't forget Walter Block's review of Ostrom's book:

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