Professor, Community Development and Applied Economics

Josh Farley is an ecological economist and Associate Professor in Community Development & Applied Economics and Public Administration and a Fellow in the Gund Institute for Ecological Economics. 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 broad research interests focus on the design of an economy capable of balancing what is biophysically possible with what is socially, psychologically and ethically desirable. More specifically, 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).


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:

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.

Joshua Farley

Areas of Expertise and/or Research

Ecological economics, development economics, economic globalization


  • PhD 1999 Cornell University
  • asters in International Affairs 1990 Columbia University
  • BS 1985 Grinnel College


  • 802-656-2989
Office Location:

205 Morrill Hall