Posts Tagged ‘elinor ostrom’

Pidev katse-eksituse protsess ehk konkurents

In unregulated markets, this diversity of viewpoints is precisely what makes capitalism work. One capitalist thinks that profit can be made, and loss avoided, by pursuing strategy A; another, by pursuing strategy B. The heterogeneous strategies of different capitalists compete with each other, and the better ideas produce profits rather than losses. In a complex […]