Tuesday, October 13, 2009

Nobel Prize for Economics - Congrats ! and Say What ?

Perused the Star's piece on the award of the Nobel Prize for Economics to IU's Elinor Ostrom. She's the first woman to receive this particular honor. So, congratulations on the win and the first. As she said in an interview, she won't be the last. Amen to that.

What causes me to scribble a few lines here, though was the brief description of one of the studies she did that earned her the Prize. Here is how the Star described it:

» Studied theories of police management in urban police departments, a 15-year look at policies put forth in Indianapolis, Chicago, St. Louis and about 80 other cities in the 1970s and 1980s.

» Finding: Citizens in smaller communities with smaller forces received as good, if not better, police services at significantly less cost, compared with large, metropolitan forces.

Well, there you have it folks. Need I say more?

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