Elinor Ostrom's Governing the Commons is the Optimal Framework for Human Institutions and Ecological Protection

Elinor Ostrom's Governing the Commons (1990) provides a groundbreaking framework for managing shared resources sustainably, challenging the conventional wisdom that commons are inevitably doomed to overuse and degradation (the "tragedy of the commons"). Ostrom's work is particularly relevant today as humanity faces the dual crises of ecological collapse and institutional failure. Her principles for managing common-pool resources (CPRs) offer a robust pathway for developing human institutions that are both ecologically sustainable and socially equitable. Furthermore, CPR management is synergistic within an overall economic framework that includes Universal Basic Income (UBI) and Land rent Value Taxation (LVT) Ostrom's work is grounded in extensive empirical research, demonstrating that communities can successfully manage CPRs without top-down regulation or privatization. She identified eight design principles for effective CPR management, including clear boundaries...