Joshua Farley is an ecological economist and Professor in Community Development & Applied Economics and Public Administration. He has previously served as program director at the School for Field Studies, Centre for Rainforest Studies, as Executive Director of the University of Maryland International Institute for Ecological Economics, and as adjunct faculty and licensed examiner at the University of the West Indies, Cave Hill.  He recently returned from a Fulbright fellowship in Brazil, where he served as visiting professor at the Federal Universities of Santa Catarina (UFSC) and Bahia (UFBA).

His research focuses on mechanisms for allocating resources under local control and national sovereignty that generate global public goods, developing transdisciplinary case study approaches to environmental problem solving as an educational tool, ecological restoration of rainforest ecosystems, economic globalization, and the valuation and finance of restoring natural capital.

He is co-author with Herman Daly of Ecological Economics, Principles and Applications, 2nd ed. Island Press (2010).



Academic Journal Articles

  • Farley, J. and R. Costanza (2010) Payments for Ecosystem Services: From the Local to the Global. Ecological Economics 69:2060-2068
  • Kemkes, R., J. Farley and C. Koliba (2010) Determining When Payments Are an Effective Policy Approach to Ecosystem Service Provision. Ecological Economics. 69: 2069-2074
  • Farley, J., A. Aquino, A. Daniels, A. Moulaert, D. Lee, and A. Krause (2010) Global Mechanisms for Sustaining and Enhancing PES Schemes. Ecological Economics. 69: 2075-2084
  • Reynolds, T. W., J. Farley, and C. Huber (2010) Investing in human and natural capital: An alternative paradigm for sustainable development in Awassa, Ethiopia. Ecological Economics. 69: 2140-2150
  • Kubiszewski, I., J. Farley and R. Costanza (2010). The production and allocation of information as a good that is enhanced with increased use. Ecological Economics. 69: 1344-1354
  • Farley, J., D. Batker, I. de la Torre and T. Hudspeth. (2010) Conserving Mangrove Ecosystems in the Philippines: transcending and institutional borders. Environmental Management. 45: 39-51
  • Farley, J. (2010). Conservation Through the Economics Lens. Environmental Management 45:26-38.
  • Aronson, J., J. N. Blignaut, R. S. de Groot, A. Clewell, P. P. Lowry Ii, P. Woodworth, R. M. Cowling, D. Renison, J. Farley, C. Fontaine, D. Tongway, S. Levy, S. J. Milton, O. Rangel, B. Debrincat, and C. Birkinshaw (2010) The road to sustainability must bridge three great divides. Annals of the New York Academy of Sciences 1185:225-236.
  • Costanza, R. and J. Farley (2010) What Should Be Done With the Revenues From a Carbon-Cap-and-Auction System? Solutions, 1:1 online:
  • Farley, J., D. Baker, D. Batker, C. Koliba, R. Matteson, R. Mills, and J. Pittman. 2007. Opening the policy window for paradigm shifts: Katrina as a focusing event. Ecological Economics 63:2-3, 344-354.
  • Farley, J., E. Gaddis, W. Rees, and K. VanDis. 2007. Our global footprint: managing global public goods. In J. Aronson, S. Milton, and J. Blignaut (eds.) Restoring Natural Capital: Science, Business, and Practice. Island Press: Washington, DC.

Books and Book Chapters

  • Daly, Herman and J. Farley (2010-August) Ecological Economics: Principles and Applications, 2nd Edition. Island Press: Washington, DC.
  • Farley, J. (2010) Ecological Economics. In R. Heinberg and D. Lerchv(eds.) The Post Carbon Reader - Managing the 21st Century's Sustainability Crises. On-line:
  • Pascual, U. and R. Muradian (coordinating lead authors), L. Brander, E. Gomez-Baggethun, B. Martin-Lopez, and M. Verma (lead authors), P. Armsworth, M. Christie, H. Cornelissen, F. Eppink, J. Farley, J. Loomis, L. Pearson, C. Perrings, S. Polasky (contributing authors) (2010) The economics of valuing ecosystem services and biodiversity. In TEEB, (2010) The Economics of Ecosystems and Biodiversity: The Ecological and Economic Foundations. Earthscan Press
  • Costanza, R., J. Farley, and I. Kubiszewski (2010) Adapting Institutions for Life in a Full World. Pages 85-90 in E. Assadourian (project director), L. Starke, and L. Mastny, editors. 2010 State of the World: Transforming Cultures. WW Norton and Co., New York.
    Conference Proceedings
  • Reynolds, T., C. Huber, and J. Farley. 2007. Investing in human and natural capital: an alternative paradigm for sustainable development in Awassa, Ethiopia. US Society for Ecological Economics. New York, NY. June 2007.
  • Kerchner, C. and J. Farley. 2007. Payments for ecosystem services in a Dominican watershed: are they enough to "tip the scale" toward forest conservation? US Society for Ecological Economics. New York, NY. June 2007.
  • Farley, J. and K. VanDis. 2004. Policies toward a globally efficient allocation of ecosystem goods and services. International Society for Ecological Economics. Montreal, Quebec. July 2004.

Awards and Recognition

  • Fulbright Scholarship
  • A.D. White Fellowship
  • S.S.R.C. International Pre-dissertation Fellowship
  • Foreign Language and Area Studies Fellowship
  • Herbert H. Lehman Fellowship
  • Dean's Fellowship at Columbia
Josh Farley

Areas of Expertise and/or Research

Designing an economy to balance what is biophysically possible with what is socially, psychologically, and ethically desirable. 


  • PhD 1999 Cornell University
  • Master of International Affairs 1990 Columbia University
  • BS 1985 Grinnell College


  • 802.656.2989
Office Location:

205 Morrill Hall

Courses Taught

CDAE 061: Principles of Community Development
CDAE 195 SL (NR 141 / ENVS141): Intro to Ecological Economics
CDAE 237: Economics of Sustainability