The Divided Science
Elinor Ostrom was awarded the 2009 Nobel Memorial Prize in the Economic Sciences for her analysis of economic governance and commons law. She is the Arthur F. Bentley Professor of Political Science and Co-Director of the Workshop in Political Theory and Policy Analysis at Indiana University in Bloomington and Research Professor and the Founding Director of the Center for the Study of Institutional Diversity at Arizona State University in Tempe. She received her B.A., M.A., and Ph.D from UCLA and is the author of numerous books, including "Understanding Institutional Diversity."
Question: Have you experienced a divide in economics?
Elinor Ostrom: There is a strong divide between micro and macro and my theories are all in the micro area. But there's a big challenge in trying to understand why people make the decisions they do and particularly why they make decisions in dilemma-type settings, where our traditional theory had predicted that they would make decisions not to cooperate and they frequently make other decisions.
Question: What are the dangers of this separation between macro and micro?
Elinor Ostrom: Well, I'm more concerned about the broader separation of the social sciences. I think that is a real danger because we can, I call them the silos, if everyone works in their silo, rather than learning from one another, so I work across disciplines and always have. My PhD committee, I had sociology, engineering, economics, and political science on it.
Question: Should the social sciences be more integrated?
Elinor Ostrom: Yes. But it's not integration, it's that people are learning their own discipline. I don't want to get rid of the disciplines entirely, but it is then that people learn how to work together and that the, we have very bad incentives. If you publish outside your discipline, frequently inside your discipline, that's not counted for tenure. And so there are very substantial dis-incentives to do interdisciplinary work. So interdisciplinary and integration are different.
Recorded on: October 25, 2009
Elinor Ostrom won the 2009 Nobel Prize for economics, yet Paul Krugman, another laureate, has confessed to never having encountered her work. Here she explains how we can move past this discomfiting academic chasm.
Tragedy in art, from Ancient Greece to Breaking Bad, resists all our efforts to tie reality up in a neat bow, to draw some edifying lesson from it. Instead it confronts us with our own limitations, leaving us scrabbling in the rubble of certainty to figure out what's next.
- Why democracy has been unpopular with philosophers
- Tragedy's reminder that the past isn't finished with us
- …and why we need art in the first place
We're talking Ghost in the Shell type of stuff.
Maybe you watched Ghost in the Shell and maybe afterwards you and your friend had a conversation about whether or not you would opt in for some bionic upgrades if that was possible - like a liver that could let you drink unlimitedly or an eye that could give you superhuman vision. And maybe you had differing opinions but you concluded that it's irrelevant because the time to make such choices is far in the future. Well, it turns out, it's two years away.
Upvote/downvote each of the videos below!
As you vote, keep in mind that we are looking for a winner with the most engaging social venture pitch - an idea you would want to invest in.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.