Polycentricity, Self-Governance, and the Art & Science of Association

25 Pages Posted: 15 May 2014 Last revised: 21 Sep 2016

Peter J. Boettke

George Mason University - Department of Economics

Jayme S. Lemke

George Mason University - Mercatus Center

Liya Palagashvili

State University of New York (SUNY) - Purchase College, Department of Economics

Date Written: May 13, 2014

Abstract

When considered as a unified project, the Ostroms’ themes of polycentricity, self-governance, and the art and science of association have strong intellectual roots and connections with Austrian economics. In this paper, we show the close relationship between the Ostroms and the Austrians. We then describe how contemporary Austrian economists can be inspired and can further the work of the Ostroms in the areas of civil societies and self-governing communities, the use of fieldwork and case studies, and public economies and coproduction. Although there are perceived tensions between the Ostroms and the Austrians, we contend that these can be reconciled and pursued as fruitful areas of research.

Keywords: Vincent and Elinor Ostrom, polycentricity, Austrian economics, institutions, self-governance

JEL Classification: H0, H40, H77, O17

Suggested Citation

Boettke, Peter J. and Lemke, Jayme S. and Palagashvili, Liya, Polycentricity, Self-Governance, and the Art & Science of Association (May 13, 2014). GMU Working Paper in Economics No. 14-19. Available at SSRN: https://ssrn.com/abstract=2436647 or http://dx.doi.org/10.2139/ssrn.2436647

Peter J. Boettke

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

Jayme S. Lemke

George Mason University - Mercatus Center

4400 University Drive, PPE 1A1
Fairfax, VA 22030
United States

Liya Palagashvili (Contact Author)

State University of New York (SUNY) - Purchase College, Department of Economics ( email )

735 Anderson Hill Road
Purchase, NY 10577
United States

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