We can learn from Elinor Ostrom

Elinor Ostrom's Nobel prize for economics is good news for Liberals everywhere, but it is also a challenge for Liberal Democrats. Her work on conserving the commons has set out an effective and efficient third way beyond state control and privatisation, and it relies on local networks, local negotiation and local knowledge. And, I may say, also beyond Tony Blair's fake Third Way too.

Lib Dems have been a little lazy over the past generation about struggling to articulate this inherently Libe...