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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

Ambrose on the Railroads

U.S. HistoryProduction Theory

01/31/2001Mises Daily Articles
A relatively balanced treatment shows they were mainly the products of enterprise, not just corruption. A review by Clifford Thies
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Wanton Inflation

Money and BanksMoney and Banking

01/01/2001The Free Market
The inflation suffered by the colony of Rhode Island during the early eighteenth century is well-described by the word "wanton." Especially since the engineers of this inflation were the Wanton brothers, John and William, Governor and Deputy Governor of the colony at the time.
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A Political Gamble

Calculation and KnowledgePolitical TheoryValue and Exchange

05/09/2000Mises Daily Articles
According to the internet-based "futures market" run by the University of Iowa, almost anything can happen in this year's elections.
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Are We Entering a Recession?

Booms and BustsThe FedInterventionism

03/13/2000Mises Daily Articles
The oil price, the stock market, the yield curve, and other factors suggest the boom may be fading. But several quick steps to free markets would shorten the pain.
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America's First Wage and Price Controls

U.S. History

03/01/2000The Free Market
America' s first wage and price controls were enacted in Massachusetts, a little more than a hundred years after the first pilgrims arrived. The opportunities available in the New World combined with a strong work ethic were raising the wages of working men, to the consternation of their employers...
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