T.B. Stackhouse Professor of Economics, Wofford College
Teaching and Research on Markets and Society
Timothy Terrell has been on the faculty at Wofford College since 2000, where he is T.B. Stackhouse Professor of Economics. He teaches principles of economics, public finance, regulation, American economic history, and other courses.
He is also Senior Fellow at the Mises Institute and serves as Senior Associate Editor of the Institute’s Quarterly Journal of Austrian Economics and the Associate Editor of the Journal of Libertarian Studies. His research includes work on environmental regulation, property rights, and the ethics of market systems. He blogs at MarketsWork and The Machen Seminar.
Dr. Terrell earned a B.S. and M.A. in economics at Clemson University (1994, 1995) and a Ph.D. in economics at Auburn University (1998).
“The processes peculiar to economic life in a free society make evident the fundamental superiority of the spontaneous order over the commanded order.”
– Wilhelm Röpke
Featured Publications
Terrell, Timothy D. 2021. “Review of Restoring the Promise: Higher Education in America, by Richard K. Vedder.” Quarterly Journal of Austrian Economics 24, no. 2: 360–367.
Terrell, Timothy D. 2020. “Carbon Flux and N- and M-Shaped Environmental Kuznets Curves: Evidence from International Land Use Change.” Journal of Environmental Economics and Policy 10, no. 2: 155–74.
Buff, Maureen J., and Timothy D. Terrell. 2014. “The Role of Third Party Payers in Medical Cost Increases.” Journal of American Physicians and Surgeons 19, no. 3: 75–79.