The following piece by Dr. Brett Decker, a New York Times bestselling author and the Endowed Chair of Leadership at Northwood University, first appeared in the BizPac Review. The war in Iran has underscored an economic truth: higher energy prices are a killer. The Iranian regime’s disruption of shipping through the Strait of Hormuz has...
In 2024, Americans elected an entrepreneur who promised to cut taxes, shrink the federal bureaucracy, and unleash market forces to make life more “affordable.” A year later, the residents of New York City elected a Marxist who claims that capitalism is crushing our American Dream. His solution? More rules and redistribution to solve the “affordability...
Dr. Timothy G. Nash, Northwood University senior vice president emeritus and director of the Northwood University Center for the Advancement of Free Enterprise and Entrepreneurship, discussed the national debt, economic growth, Milton Friedman, and more, during an interview on the Ron Jolly Show on WTCM. Listen here!
Too often, discussions about capitalism and inequality rest on an uneven comparison: real-world markets are measured against imaginary governments. That is one of the central concerns Northwood University Economic Professor Michael Makovi raises in his review for The Independent Review, a journal of The Independent Institute. In the piece, Dr. Makovi reviews Understanding Political Economy:...
For over two decades, gold’s role as a staple investment has grown more pronounced in the global financial system. Since 2000, the commodity has outperformed all major US stock indices. It has preserved purchasing power, protected investors during crises, and hedged against policy shifts. The forces propelling gold higher today extend beyond its safe-haven status....
Northwood University Endowed Chair of Leadership Brett M. Decker, a New York Times best-selling author and former editor and editorial page writer for The Wall Street Journal, authored this piece, which was published this week by Barron’s. Click here to read Professor Decker’s case for why members of Congress should recognize a better thing when...
If you think that your community today is too fractured over political issues, imagine what it would have felt like to live in the American colonies on the eve of the Revolution. The situation with the British government across the Atlantic had united colonists while simultaneously creating new divisions. As the disagreements spiraled toward violence,...
Dr. Timothy G. Nash, Northwood University Senior Vice President Emeritus and Director of the Northwood University Center for the Advancement of Free Enterprise and Entrepreneurship, recently joined Mike Austin on WILS (Lansing) to discuss the latest U.S. employment data. Listen here:
As America approaches her 250th birthday, it’s worth asking: What made this country exceptional? How did a handful of rebellious colonies become a global symbol of freedom and opportunity? The answer isn’t complicated — it’s the ideas at the foundation of our Republic. The American experiment was history’s boldest bet on liberty. Instead of rule...
What causes revolutionary change? What drives history forward? When we think of the American War of Independence, we correctly give credit to the ideas put forth by Enlightened thinkers who reshaped the way people thought about liberty, justice, and equality. Ideas that began in the Old World were reconsidered and reformulated in the New World...
President Trump says Americans are being “ripped off” by credit card companies that charge interest rates of 30 percent or more. His proposed remedy—capping interest rates at 10 percent—is a reminder of what James Baldwin wrote in 1961: “Anyone who has ever struggled with poverty, knows how extremely expensive it is to be poor.” If...
As the nation prepares to mark the 250th anniversary of the adoption of the U.S. Declaration of Independence, Northwood University is announcing Freedom Lights the Future, a series of public events planned throughout 2026 that will invite residents from Michigan’s Great Lakes Bay Region and beyond to celebrate 250 years of the American spirit. Freedom...
As confidence in higher education continues to erode — and families increasingly question whether a degree delivers real value — Northwood University President Kent MacDonald is making a clear case for a different path forward: one grounded in free enterprise, personal responsibility, and the ideals that made opportunity possible in the first place. That message...
Northwood University recently held a webinar exploring “Capitalism at the Crossroads: Why Free Markets Matter More than Ever,” featuring Northwood Senior Vice President Emeritus Dr. Timothy G. Nash, who leads the Northwood University Center for the Advancement of Free Enterprise and Entrepreneurship. In the webinar, Dr. Nash explores: • Why capitalism remains essential to American...