Elinor Ostrom, the only woman ever to win an economics Nobel, died today at age 78.
She was famous for challenging an idea known as the tragedy of the commons — the theory that, in the absence of government intervention, people will inevitably overuse a shared resource.
So, for example, if a village shares a pasture, it's in the individual interest of each farmer to graze his cattle as much as possible on the pasture even though, in the long run, overgrazing may ruin the pasture for everyone.
Fans hooked on "Dallas" back in the '80s were probably also watching other popular prime time soaps, including "Dynasty." "Dynasty," like its rival, was about a rich oil family, this one in Colorado, and the women on "Dynasty" defined '80s fashion with their slinky blouses, gold lame, glamorous jewelry, and of course those power suits with the big shoulders.
Some sad news this morning: The world has lost a literary giant. Author Ray Bradbury died last night after a long illness. He was 91 years old. He wrote such classics as "The Martian Chronicles" and "Fahrenheit 451" - futuristic tales from a man who never used a computer, or even drove a car. NPR's Arnie Seipel has more on Bradbury and his curious life.
Ray Bradbury, author of The Martian Chronicles and Fahrenheit 451, died Tuesday. He was 91. Bradbury was known for his futuristic tales — but he never used a computer, or even drove a car.
Bradbury was born in Waukegan, Ill., in 1920 and grew up during the Great Depression. He said it was a time when people couldn't imagine the future, and his active imagination made him stand out. He once told Fresh Air's Terry Gross about exaggerating basic childhood fears, like monsters at the top of the stairs.