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Clifford F. Thies

Works Published inReview of Austrian Economics, Volumes 1-10Mises Daily ArticleQuarterly Journal of Austrian Economics

Clifford F. Thies is the Eldon R. Lindsay Chair of Free Enterprise at Shenandoah University in Winchester, Virginia.

All Works

The Human Impact of Factor Mobility

Global EconomyProduction TheoryValue and Exchange

06/07/2004Mises Daily Articles
If we were to restrict American companies to only hiring American programmers, writes Clifford Thies, the obvious response of the rest of the world would be to forbid American companies from selling their software and related products and services to their consumers.
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The Human Impact of Factor Mobility

Production Theory

05/01/2004The Free Market
That some factors of production are mobile, says the new protectionist, "proves" that free trade is not as attractive as (supposedly) David Ricardo argued. But factor mobility is not new. It has long been accepted by economists that either goods or people (and other factors of production) move.
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Frida Kahlo's Socialism

Media and CulturePolitical Theory

12/10/2002Mises Daily Articles
Socialists have always denigrated marriage, and have always devised alternative arrangements to "free" women from men (or, is it the other way around?). In the new movie, at the (first) marriage of Frida Kahlo to Diego Rivera, one of their comrades attempts to explain why their marriage is to be...
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New Technology, Old Scam

10/16/2002Mises Daily Articles
Normally, the pool of suckers is limited to people who are at least somewhat ignorant of the capitalist system, and therefore don't know what is reasonably possible in terms of investment returns. Suckers tend to think that profits are based on theft and exploitation, instead of on hard-work and...
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The Color of Money

The FedMoney and BanksMonetary Theory

08/21/2002Mises Daily Articles
The Federal Reserve is continuing to experiment with new, more counterfeit-proof paper money. Recently, it was big faces, along with the introduction of a variety of other difficult-to-counterfeit characteristics into our Federal Reserve Notes. Next, maybe, it will be color. Or, writes Clifford...
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