The Review of Austrian Economics

, Volume 28, Issue 3, pp 311–335

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

  • Peter J. Boettke
  • Jayme S. Lemke
  • Liya Palagashvili
Article

DOI: 10.1007/s11138-014-0273-9

Cite this article as:
Boettke, P.J., Lemke, J.S. & Palagashvili, L. Rev Austrian Econ (2015) 28: 311. doi:10.1007/s11138-014-0273-9
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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.

KeywordsVincent and Elinor OstrompolycentricityAustrian economicsinstitutionsself-governance

JEL classification

H0H40H77O17

Copyright information

© Springer Science+Business Media New York 2014

Authors and Affiliations

  • Peter J. Boettke
    • 1
  • Jayme S. Lemke
    • 2
  • Liya Palagashvili
    • 1
    • 3
  1. 1.Department of EconomicsGeorge Mason UniversityFairfaxUSA
  2. 2.Political Theory ProjectBrown UniversityProvidenceUSA
  3. 3.Department of EconomicsNew York UniversityNew YorkUSA