Environmental economics author to speak at Saint Martin's

Oct. 4, 2005

Lacey – Joshua Farley, co-author of the ecological economics text, “Ecological Economics: Principles and Applications,” will speak at Saint Martin’s University Thursday. The public is invited to attend his presentation, which will be at 4 p.m. in Old Main 414 on the university’s campus, 5300 Pacific Ave. SE.

Farley and economist Herman Daly, who left a senior position with the World Bank to establish the new field of ecological economics in 1994, collaborated on what is considered the key textbook in the fledgling field. It is now being translated into Chinese.

Ecological economics is a multidisciplinary field that integrates ecology and economics in ways that will develop both social and environmental sustainability. A marked departure from the idea that the market system is always best, the field studies such things as economic policies that hurt or, alternatively, support natural resources and helps set a value to products and methods that stabilize the environment and help indigenous cultures. For instance, in the Philippines, Farley and his team’s research showed that the watery mangrove forests, being cut to make room for private shrimp aquaculture efforts, actually help produce more seafood and sustain more people when left intact. The research is leading to reforestation and demolition of private, man-made ponds.

Farley is executive director of the University of Vermont’s Gund Institute. His newest grants include one from USAID for projects in Mexico, another for projects in Brazil and a third to help develop an institute for ecological economics in the Ukraine. He has been invited to give lectures in China and present a course on ecological economics next spring at the Chinese Academy of Sciences.

Farley has a master’s degree in international affairs from Columbia University’s School for International and Public Affairs and a doctorate in agricultural, resource and managerial economics from Cornell University. Among his research interests are development of case study approaches to environmental problem-solving; ecological restoration of rainforest ecosystems; economic globalization; and ecosystem valuation.

For more information on the presentation, please contact Saint Martin’s business and economics faculty member Riley Moore, 360-438-4511; rmoore@stmartin.edu.

For more information:

Deanna Partlow
Office of communication
360-438-4541; dpartlow@stmartin.edu