Robert T. Deacon is Professor of Economics at the University of California, Santa Barbara and University Fellow at Resources for the Future. He received his Ph.D. in economics from the University of Washington and has also served as the Julian Simon Fellow, Property and Environment Research Center; Visiting Foreign Scholar, Institute for Social and Economic Research, Osaka University; Visiting Professor, International Center for Higher Education on Agronomics in the Mediterranean, Zaragoza, Spain; Guest Professor, University of Witten-Herdecke; Visiting Scholar, CentER, Tilburg University; and National Fellow, Hoover Institution.