Nobel Lecture: Beyond Markets and States — Polycentric Governance of the Commons
Elinor OstromNobel LaureateIndiana University
Nobel Laureate in Economic Sciences, Indiana University
27:30·2026·undergraduate level·Public Colloquium
Demonstrates through global field studies of fisheries, forests, and irrigation systems how local communities design durable self-governing rules without privatization or central Leviathans.
Elinor Ostrom delivered her Prize Lecture "Beyond Markets and States: Polycentric Governance of Complex Economic Systems" on 8 December 2009 at Aula Magna, Stockholm University.
Source: Nobel Prize via YouTubeWatch on YouTube
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