
Intro Econ 4: Scarcity & Pistachios
Planet Money Summer School
00:00
Eleanor Ostrom and the Tragedy of the Commons
The tragedy of the commons is a theory about how people can work together. But there are limitations to this, right? We sort of know now that there are limits to when communities can actually work out a solution. So it does come down to their needing to be something that is policy-like.
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