Myrick Freeman III

Affiliation: Economics
William D. Shipman Professor of Economics Emeritus

Myrick Freeman is the William D. Shipman Professor of Economics Emeritus at Bowdoin College. In 2000 he retired from teaching after 35 years. Freeman received his Ph.D. in economics from the University of Washington in 1965. He has been on the faculty at Bowdoin since that time and has served as chair of the economics department and Director of the Environmental Studies Program there. He has also held appointments as Visiting College Professor at the University of Washington and Robert M. La Follette Distinguished Visiting Professor at the University of Wisconsin-Madison and as a Senior Fellow at Resources for the Future, a research organization in Washington, DC.

Freeman's principal research interests are in the areas of applied welfare economics, benefit-cost analysis, and risk management as applied to environmental and resource management issues. Much of his work has been devoted to the development of models and techniques for estimating the welfare effects of environmental changes such as the benefits of controlling pollution and the damages to natural resources due to releases of chemicals into the environment.

He has authored or co-authored eight books including The Economics of Environmental Policy (with Robert Haveman and Allen Kneese), The Benefits of Environmental Improvement: Theory and Practice, Air and Water Pollution Control: A Benefit-Cost Assessment, The Economic Approach to Environmental Policy, a collection of his essays, and most recently, The Measurement of Environmental and Resource Values: Theory and Methods, 2nd edition. The first edition of this book was named a Publication of Enduring Quality by the Association of Environmental and Resource Economists in January, 2003. He has also published more than 70 articles and papers in academic journals and edited collections.  In 2008 he was named a Fellow of the Association of Environmental and Resource Economists.

Freeman has served as a member of the EPA's Committee on Valuing the Protection of Ecological Systems and Services and the National Academy of Sciences Committee on Mortality Risk Reduction Benefits from Decreasing Tropospheric Ozone Exposure. He has been a member of the EPA's Advisory Council on Clean Air Compliance Analysis, its Clean Air Science Advisory Committee, and its Environmental Economics Advisory Committee.


  • PhD, Economics, University of Washington, 1965