Posts tagged with: sustainable development

Samuel Gregg
posted by on Tuesday, October 13, 2009

My response to the awarding of the Nobel Prize in Economics to Elinor Ostrom and Oliver Williamson was published on National Review Online:

Unlike a certain other Nobel Prize, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel actually requires evidence of substantial achievement. Mere aspirations and lofty rhetoric count for nothing. This year’s Nobel Prize in Economics has been given to two economists, Elinor Ostrom and Oliver Williamson, who have deepened our understanding of economic governance. More specifically, Ostrom and Williamson have shown how it is possible for firms and other communities to facilitate economic efficiency from “within.” In this sense, they follow in the footsteps of another Nobel laureate, Ronald Coase, whose groundbreaking 1937 article, “The Nature of the Firm,” did so much to establish the idea that businesses reduce transaction costs.

Read more on The Economics Nobel…

Over at the Huffington Post blog, David Roberts, a staff writer for Grist.org, describes the relationship between activist causes, like women’s reproductive rights and “sustainable development,” and population control.

Roberts says he doesn’t directly address the problem of over-population because talking about it as such isn’t very effective. Apparently, telling people that they and their kids very existence is the “ultimate problem of all problems” doesn’t resonate very well. It “alienates a large swathe of the general public,” you know, the ones who still have some residual moral sensibilities.

Read more on Population: Ultimate Problem of all Problems…

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