Faculty Spotlight: Timothy D. Terrell

Timothy Terrell is the T. B. Stackhouse Professor of Economics at Wofford College and Senior Fellow with the Mises Institute. He is the Senior Associate Editor of the Quarterly Journal of Austrian Economics. He received his PhD in economics from Auburn University. His research focuses on regulatory and environmental policy issues.

The Misesian: What was your journey to Austrian economics and the Mises Institute?

The New Right-Wing Progressivism

This article is adapted from a lecture presented at the Mises Student Circle “Why the Economy Is Failing Generation Z” on November 1, 2025, in Grand Rapids, Michigan.

We live in politically interesting times.

The popularity of Donald Trump as a candidate and his two victories has been framed as a big shift on the American right, mirrored by the same shift on the left with the popularity of figures like Bernie Sanders, AOC, and now Zohran Mamdani. So what’s causing this? What factor or central dynamic lies at the core of all this change?

Gen Z’s Economic Disadvantage and What They Can Do About It

This article is adapted from a lecture presented at the Mises Student Circle “Why the Economy Is Failing Generation Z” on November 1, 2025, in Grand Rapids, Michigan.

I teach at Ferris State University and most of my students are members of Generation Z. When I ask them what they are stressed about, they often mention passing my course, of course—but beyond that, it seems that they are stressed about dismal economic prospects regarding jobs and housing. In many cases, this concern is understandable. They face serious challenges.

Why Britain’s Economy Is Sputtering

Britain and the United States are often described in the same breath: advanced economies that have moved beyond industry into services, finance, and knowledge work. On paper, the similarity looks strong. Services dominate employment and output in both countries, manufacturing has receded, and global cities anchor national growth. Yet the resemblance is superficial. The kinds of services each country produces, and the economic roles those services play, are profoundly different.

Danielle Henry is a freelance writer living in Pittsburgh who enjoys cooking for friends and family, being acti