9. which economists are connected to the idea that communities, not governments, can regulate resources…

9. which economists are connected to the idea that communities, not governments, can regulate resources effectively? elinor ostrom friedrich hayek milton friedman john maynard keynes

9. which economists are connected to the idea that communities, not governments, can regulate resources effectively? elinor ostrom friedrich hayek milton friedman john maynard keynes

Answer

Brief Explanations:

Elinor Ostrom's work focused on the governance of common - pool resources, showing that communities can self - organize and regulate resources effectively without heavy government intervention. Hayek emphasized free - market and individual freedom but not specifically on community - based resource regulation. Friedman was a proponent of free - market capitalism and limited government in economic policy. Keynes focused on government intervention in the economy to address economic downturns.

Answer:

A. Elinor Ostrom