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
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