MCNAIR CENTER FOR THE ADVANCEMENT OF FREE-ENTERPRISE AND ENTREPRENEURSHIP.
A premier think-tank generating information focused on the study, advocacy, and expansion of the market-process and the creation and cultivation of entrepreneurs.
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....
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...
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...
The following is a recent discussion between U.S. Congresswoman Lisa C. McClain, Northwood University Provost Kristin Stehouwer and Dr. Timothy G. Nash, director of the McNair Center for the Advancement of Free Enterprise and Entrepreneurship at Northwood University. McClain: The majority of my role so far representing Michigan’s 10th Congressional District is the financing of...
2022 Northwood University Freedom Seminar “America at the Crossroads: Challenges and Opportunities for the Next Generation” April 7-10, 2022 Non-Credit Registraton For Credit Registration info 2022 Freedom Seminar Sessions Keynote — April 7, 7:30-8:45 p.m. Presented by: Stephen Moore, FreedomWorks; and Jonathan Williams, American Legislative Exchange Council “Leave Me Alone and I’ll Make You...
The following is a recent discussion between U.S. Congresswoman Lisa C. McClain, Northwood University Economics department chair Dr. Dale C. Matcheck and Dr. Timothy G. Nash, director of the McNair Center for the Advancement of Free Enterprise and Entrepreneurship at Northwood University. The conversation centered around recent comments by U.S. Federal Reserve Bank (Fed) chairman,...
INTRODUCTION The Dow Jones Industrial Average finished 2021 at 36,338.30, up 18.73% for the year, while the S&P 500 closed 2021, at 4,766.18, up 26.89% for the year and the NASDAQ ended the year at 15,644.97, up 21.39%. At the end of the first full week in February 2022, these major indices have given back...
An economist, entrepreneur and student researcher weigh in on the condition of state roads and bridges.