The McNair Center for the Advancement of Free Enterprise and Entrepreneurship was founded at Northwood University in 2015 as a leading university think-tank generating information focused on the study, advocacy and expansion of the market-process and the creation and cultivation of entrepreneurs.
The McNair Center was made possible by a generous gift from The Robert and Janice McNair Foundation whose founders exemplified how entrepreneurship and the free enterprise system generates jobs, changes lives and literally charts a new course for individuals, families and entire communities. During its 10 years of operation at Northwood, the McNair Center was dedicated to producing programming and research in defense of, and to enhance and advance, the economics and culture of a free and moral society.
For more than a decade, the late Janice and Robert C. McNair generously supported the McNair Center for Entrepreneurism and Free Enterprise at Northwood University. Their transformative investment reflected a lifelong commitment to education, innovation, and the American spirit of free enterprise. Best known as the founder and longtime leader of the Houston Texans NFL...
Michigan’s Claim to the Pizza Throne With over 30% of U.S. pizza sales coming from Michigan-based businesses and nearly 15% of worldwide sales, no other state or country comes close to Michigan in generating pizza sales on a national or global basis. So, the next time you savor a slice, remember that Michigan isn’t just...
U.S. Producer Price Index (PPI) data for October 2024 does not bode well for future prices in the service sector, especially those related to the U.S. restaurant economy. The PPI measures the average change in producer prices for goods and services produced over a given month. In essence, it measures inflation at the wholesale level....
A joint report from Northwood University’s McNair Center for the Advancement of Free Enterprise and Entrepreneurship and the Mackinac Center for Public Policy. We often hear that transitioning from fossil fuels and nuclear energy is essential. We are told we must transition to energy sources that are widely referred to as renewable, such as wind...
The Northwood University COVID-19 Optimism Index was prepared daily by the McNair Center for the Advancement of Free Enterprise and Entrepreneurship at Northwood University. Latest Optimism Index The Index follows seven variables on a daily basis. The variables are (a) Total U.S. COVID cases, (b) Total U.S. COVID-related deaths, (c) Current U.S. COVID-19 Mortality Rate,...
All Northwood students are invited to submit an essay on the following topic: Censorship, Fake News and Viewpoint Discrimination: What is the role of the government versus market forces in enabling free and responsible speech? Currently enrolled Northwood University undergraduate students and Northwood University DeVos School Graduate School students are eligible to participate in the...
Dr. Timothy G. Nash, vice president, emeritus; director of The McNair Center for the Advancement of Free Enterprise and Entrepreneurship; and the McNair Endowed Chair in Free Market Economics at Northwood University, has an interesting piece about inflation published on Townhall. You can read it here.
The major causes of our current inflation-driven crisis are the roughly $6 trillion in largely excessive spending the Trump and Biden Administrations spent in the name of COVID relief and economic recovery; President Biden’s reregulation of the U.S. economy; and the dramatic expansion of the U.S. Federal Reserve Bank’s balance sheet from $4.14 trillion (January...
We are poised to honor more than 75 million dads on Sunday as part of this year’s Father’s Day. But U.S. consumers will not be spending as much as we did when honoring our moms last month for Mother’s Day. Honoring Dad Father’s Day in the United States became a national holiday in 1972, though...
If Mother’s Day was a U.S. publicly-traded company, the $31.7B spent this year on our moms would have made it the 99th largest company by sales on the 2021 Fortune 500 list — just two spots ahead of Tesla This year, Americans celebrated the 116th Mother’s Day on May 8. Even though some believe Mother’s...
In a Sept. 1, 1935, article entitled Notes on the Next War published in Esquire magazine, American literary icon Ernest Hemingway wrote: “The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political...
Brace yourself, America: These things are going to get expensive Higher prices for basketballs, lipstick, pacemakers and automobiles — brought to you by the Biden Administration’s Green Energy policies and Putin’s foreign policy The International Monetary Fund (IMF) deemed the United States’ economy as the world’s largest in 2021, producing an estimated $22.94 trillion or...