Terry L. Anderson is the President of the Property and Environment Research Center (PERC) and Senior Fellow at the Hoover Institution, Stanford University. His work helped launch the idea of 'free market environmentalism' with the publication of his book by that title, co-authored with Donald Leal. Dr Anderson's work emphasizes that private property rights encourage resource stewardship by harnessing the incentives of free enterprise to protect environmental quality. Anderson is the author or editor of 37 books including, most recently, Tapping Water Markets with Brandon Scarborough and Lawrence R. Watson. He has published widely in both professional journals and the popular press and has received many awards for his research and teaching. He received his PhD in economics from the University of Washington.