When Free to Choose

When Free to Choose is the signature publication of Northwood University. It is dedicated to promoting the global, diverse and multi-cultural nature of enterprise. Bringing lessons of the American free enterprise society directly to your inbox or mailbox, When Free to Choose features informative essays about timely issues and events, and thought-provoking point-counterpoint essays written by industry experts, faculty, scholars and researchers.

Timeless Values: ‘Mobility is Freedom’

Timeless Values: ‘Mobility is Freedom’

In a world of constant change, the enduring principles of The Northwood Idea remain steadfast. Personal freedom, individual responsibility and the rule of law are not relics of another era — they are the permanent foundations of a free and flourishing society. It is therefore fitting to revisit the voices and lessons that have most...

By Dr. Timothy Nash, Dr. Robert W. Serum

The Reagan Revolution: When Common Sense Beat ‘Expert’ Economics

The Reagan Revolution: When Common Sense Beat ‘Expert’ Economics

A Student View by Oliver Jarvis, Lilly Lauzon, A. Noel Tokarev, and Kristin Tokarev When Ronald Reagan took office in 1981, America was in trouble. Prices were rising by double digits on an annual basis. Interest rates? Nearly 20%. Unemployment? Persistently high. The Keynesian economists from the Johnson, Nixon, Ford, and Carter years had given...

By Oliver T. Jarvis, Lillian Lauzon, A. Noel Tokarev, Kristin Tokarev

This Country Tried Central Planning; Free Markets Won!

This Country Tried Central Planning; Free Markets Won!

After World War II, Germany was in ruins. Cities leveled, infrastructure destroyed, tens of millions killed or severely injured, morale shattered… The Nazi regime had left behind not only devastation, but a command-and-control economy riddled with inflation and rationing. Police forces were gutted by the Allied regime. Theft and black markets became a way of...

By Madeline Heil, Dani Pohl, Kristin Tokarev

How Ideas Made the World Rich: A Tribute to Deirdre McCloskey

How Ideas Made the World Rich: A Tribute to Deirdre McCloskey

Deirdre McCloskey has reshaped the study of economic history by insisting that ideas, not institutions or capital, made us rich. This prolific author is one of the rare figures in modern academia whose work crosses disciplines and defies labels. Drawn as a teenager to utopian and revolutionary theories, McCloskey grew up to realize that noble...

By Art Carden, Dr. Alex Tokarev

Exploring China’s Shift from Communal Poverty to Private Prosperity

Exploring China’s Shift from Communal Poverty to Private Prosperity

Just 50 years ago, China was one of the poorest countries on Earth. Many of its people lived in mud-brick homes. Most were undernourished. Everyone was trapped in a rigid communist system that crushed initiative. Today, it is the world’s second-largest economy by some measures, home to gleaming megacities and the largest middle class by...

By A. Noel Tokarev, Kristin Tokarev, Li Schoolland, Adriel Sanchez, Nathan Kniesteadt

Are Trade Deficits an Emergency?

Are Trade Deficits an Emergency?

Thomas Jefferson warned us that “the natural progress of things is for liberty to yield and government to gain ground.” The growth of government in the past century has certainly vindicated his assessment. There are multiple explanations for this, but one of the most relevant today is the tendency of emergencies, both real and imagined,...

By Dr. Dale Matcheck, Benjamin Fortin

America Needs More Northwood Graduates

America Needs More Northwood Graduates

We hear a lot these days about “equity,” “safe spaces,” and “lived experiences.” But here’s a radical idea: maybe what America really needs is more Northwood University graduates. That was the message from Dr. Kent MacDonald, President of Northwood, during a recent Freedom Seminar lecture. He didn’t talk about victimhood or virtue-signaling. He talked about...

By Student View

The Rise of AI: Redefining the Job Market, Not Replacing It

The Rise of AI: Redefining the Job Market, Not Replacing It

Artificial intelligence is here. It is learning fast, and it is already changing the ways we live our lives. For a lot of people, that change causes a lot of uncertainty when it comes to their careers. There is talk that AI is eliminating jobs, but that statement avoids the true impact: Artificial intelligence is...

By Payton Schafsnitz

Free Enterprise Deserves Champions; Become One

Free Enterprise Deserves Champions; Become One

This Independence Day, America’s Free Enterprise University marked an exciting milestone: Learners who complete The Philosophy of Free Enterprise, Northwood’s complimentary, self-paced online course, can now earn a Certificate of Completion. Launched in 2022, the course now offers 18 engaging lessons featuring easily digestible lectures about timeless free-market concepts, including the importance of limited government,...

By Kate Hessling

2025 Freedom Seminar to Explore Road to Serfdom and Path to Freedom

2025 Freedom Seminar to Explore Road to Serfdom and Path to Freedom

The 2025 Northwood University Freedom Seminar will survey the two alternative paths that humanity tried over the past century: the road to serfdom and the road to freedom. The first was examined by the Austrian economist F. A. Hayek, who chose it as a title to a book that exposed the economic bankruptcy, political dangers,...

By Dr. Dale Matcheck, Dr. Alex Tokarev

The Basics of International Trade

The Basics of International Trade

With the rise of populist skepticism about international trade, claims have resurfaced asserting that restricting imports will create jobs, that trade deficits are a subsidy to foreigners, that tariffs generate tax revenue, and that tariffs serve as a strategic negotiating tool. But most of these claims are economically flawed and often contradict each other. The...

By Dr. Michael Makovi

Free Markets Promoting Nuclear Safety: The Three Mile Island Incident and INPO

Free Markets Promoting Nuclear Safety: The Three Mile Island Incident and INPO

The Three Mile Island meltdown was the worst American commercial nuclear accident in our nation’s history. Yet at the same time, it is the only commercial nuclear accident in U.S. history, with no one being physically harmed and the plant remaining operational. Primarily, this can be attributed to the creation of the Institute of Nuclear...

By Corbin Landrey

Protectionism is No Treat: The Hidden Costs of Trade Barriers

Protectionism is No Treat: The Hidden Costs of Trade Barriers

Why does the Spangler Candy Company make its famous Dum Dum Lollipops in Bryan, Ohio, and its candy canes down in Juarez, Mexico? The answer to that question has a lot to teach us about the hidden costs of protectionist policies. It starts with the influence of the American Sugar Lobby, which contributes millions of...

By Dr. Dale Matcheck

Liberty, Borders, and the Future of the American Experiment

Liberty, Borders, and the Future of the American Experiment

The following Student View by Barrett Tefft, Anthony Storer, and Alexander “Noel” Tokarev appears in the April 2025 When Free to Choose, a signature publication by Northwood University. Some see immigration as a human right. If that’s true, we need open borders. Others say the failure of the previous administration to stop the flow of...

By A. Noel Tokarev