Timothy D. Terrell



Articles by Timothy D. Terrell

Environmental Economics

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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Higher Education in Crisis

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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Product Safety Regulation

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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Calculation and Environmental Policy: Lessons from Human Action

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Sponsored by Scott and Cathy Ullery.
Download the slides from this lecture at Mises.org/SS23_PPT_15

The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars | Timothy Terrell

Video of The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars | Timothy Terrell

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Why Government Pollution Control Fails

Mainstream economists are quick to claim that environmental problems are caused by "market failure" that can be "fixed" by government intervention. However, the intervention itself is the problem.

Original Article: "Why Government Pollution Control Fails"

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Energy Economics

Some principles for understanding environmental issues. Can government steer energy use decisions to improve outcomes?
Download the slides from this lecture at Mises.org/MU23_PPT_37.
Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2023.

Energy Economics | Timothy D. Terrell

Video of Energy Economics | Timothy D. Terrell

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Higher Education in Crisis

Ineffective teaching, the enrollment cliff, stifled academic discourse, and government driving up tuition.
Download the slides from this lecture at Mises.org/MU23_PPT_34.
Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2023.

Higher Education in Crisis | Timothy D. Terrell

Video of Higher Education in Crisis | Timothy D. Terrell

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The Rise of State-Controlled Medical Care

Dr. Terrell discusses the impacts of price controls, occupational licensure, the FDA, and more.
Download the slides from this lecture at Mises.org/MU23_PPT_32.
Recorded at the Mises Institute in Auburn, Alabama, on July 27, 2023.

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Why Government Pollution Control Fails

In over twenty-five years of teaching undergraduate students, I have heard the same refrain countless times: free markets have many problems that government has to step in to solve. Indeed, students expect government to “step in” so much that markets occupy a peripheral role in their idealized economic system. Even students with an ideological predilection toward markets will be quick to argue that certain problems, such as pollution, require extensive government regulation and probably copious spending of tax dollars.
This is not surprising, given that college students have been bombarded by tales of government fixes for social problems from media, teachers, and parents from elementary school onward. By the time they hear about “market failure” in their first economics class, it doesn’t

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Economics from the Ground Up: Intellectual Community in the Age of Artificial Intelligence

The Ralph Raico Memorial Commencement Lecture.
Recorded at the 2023 Austrian Economics Research Conference hosted at the Mises Institute in Auburn, Alabama, March 16–18, 2023.

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The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. The conference is hosted by the Mises Institute at its campus in Auburn, Alabama, and is directed by Joseph Salerno, professor of economics at Pace University and academic vice president of the Mises Institute.

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