JB Condliffe
John Bell Condliffe


Condliffe Memorial Lecture

The Condliffe Memorial Lecture was instituted in 2005 to honour John Bell Condliffe (pictured right) who became the first Professor of Economics at Canterbury University College in 1921.

The Lecture series brings leading economists to Canterbury to provide a public lecture highlighting their recent work and its relevance to the broader business and policy community.

The Condliffe Memorial Lecture is hosted by the Department of Economics and Finance and open to staff, students, alumni and the public.


2015 Lecture:
Environmental Markets: Lessons from and for Fisheries Management

Terry Anderson

Terry Anderson
Property and Environment Research Center (PERC) and Hoover Institution, Stanford University

When: Tuesday 17 November, 6-7pm
Where: LAW 108 Lecture Theatre, Business and Law Building
Resources: YouTube Video



In this lecture, Dr Anderson discussed Free Market Environmentalism and the approach of using property rights and markets to address environmental problems, focusing on lessons from and for fisheries management in New Zealand.


Increased demand for environmental amenities and competition for scarce natural resources require rethinking how we manage our natural environment. The dominant management institutions have focused on top-down command-and-control regulations. Though some of these regulations have been successful in picking low hanging environmentalfruit – especially in reducing air and water emissions – they have not harnessed private initiative by using property rights and markets. This approach under the banner of “free market environmentalism” shows remarkable promise for dealing with a variety of environmental problems. Fisheries management in New Zealand illustrates the potential for this approach if the necessary market institutions can be buttressed and improved. In short, environmental markets offer a promising alternative for the next generation of environmentalism.

About the speaker

Terry Anderson is the William A. Dunn Distinguished Senior Fellow and former President and Executive Director of PERC as well as the John and Jean De Nault Senior Fellow at the Hoover Institution, Stanford University. He believes that market approaches can be both economically sound and environmentally sensitive. His research helped launch the idea of free market environmentalism and has prompted public debate over the proper role of government in managing natural resources. He is the co-chair of Hoover's Property Rights, Freedom, and Prosperity Task Force.

Anderson is the author or editor of thirty-seven books. Among these, Free Market Environmentalism, co-authored with Donald Leal, received the 1992 Sir Antony Fisher International Memorial Award. A revised edition was published in 2001.

Terry and Donald Leal’s forthcoming book, Free Market Environmentalism for the Next Generation, will be published in 2015. His most recent publications are Environmental Markets a Property Rights Approach (Cambridge University Press, 2014) and  Tapping Water Markets (RFF Press, 2012). Other books include Greener Than Thou: Are You Really an Environmentalist? (Hoover Institution Press, 2008) and Property Rights: A Practical Guide to Freedom and Prosperity (Hoover Institution Press, 2003), both co-authored with Laura Huggins. His book, with Peter J. Hill, The Not So Wild, Wild West: Property Rights on the Frontier (Stanford University Press), was awarded the 2005 Sir Antony Fisher International Memorial Award.

Anderson’s research, which has also focused on Native American economies, recently resulted in a co-edited volume, Self-Determination: The Other Path for Native Americans (Stanford University Press, 2006). He has published widely in the popular press and professional journals, including the Wall Street Journal, the Christian Science Monitor, Fly Fisherman, Journal of Law and Economics, and Economic Inquiry. During his career at Montana State University, Anderson received several outstanding teaching awards and is now professor emeritus of economics. He received his B.S. from the University of Montana and earned a Ph.D. in economics from the University of Washington. In March 2011, Anderson received the Liberalni Institute Annual Award in Prague, Czech Republic, for his "Contribution to the Proliferation of Liberal Thinking, and Making Ideas of Liberty, Private Property, Competition, and the Rule of Law Come True.” Previous recipients include Nobel laureates Milton Friedman, Gary Becker, and Vernon Smith.

Anderson is an avid outdoorsman accomplished at big game hunting, bird shooting, fishing, skiing, and hiking.


Past Condliffe Lectures

2014 Condliffe Memorial Lecture: David Card "The Economics of Immigration and Immigration Reform"

2013 Condliffe Memorial Lecture: Professor Edward Glaeser "What if our cities vanished?"

2012 Condliffe Memorial Lecture: John H. Cochrane "What if governments can't pay their debts?"

2011 Condliffe Memorial Lecture: Martin Weitzman "Why is the economics of climate change so difficult and controversial?"

2010 Condliffe Memorial Lecture: Charles Plott "The emergence of economics as a laboratory sciences"

2009 Condliffe Memorial Lecture: Hal Varian "Computer mediated transactions"

2008 Condliffe Memorial Lecture: Joel Slemrod, "Tax policy in the real world"

2007 Condliffe Memorial Lecture: Mark Blaug, "Congestion Charges: the solution to traffic problems?"

2006 Condliffe Memorial Lecture: Gene Grossman, "Trading Tasks: It's Not Wine for Cloth Anymore".

2005 Condliffe Memorial Lecture: Jerry Hausman, "Consumer Benefits from Increased Competition in Shopping Outlets: Measuring the Effect of Wal-Mart.