Jim Hop serves as Associate Professor and Department Chair, Entrepreneurship and Franchising Management for Northwood University.
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...
By Dr. Timothy Nash, U.S. Congresswoman Lisa McClain, Jim Hop
Milton Friedman determined the root cause of inflation to be government monetary policy and famously opined, “inflation is always and everywhere a monetary phenomenon that is produced only by a more rapid increase in the quantity of money than output (goods, services, and/or assets).” A 1976 Nobel Prize winner in Economics for his pioneering work...
In a free and competitive market, price always allocates scarce resources and directs production. When allowed to function freely, the U.S. oil industry is a shining example of this dynamic. Oil is a driving force in the global economy that most of us take for granted. Petroleum fuels our cars, heats our homes, and is...
By Dr. Timothy Nash, Jim Hop, U.S. Congresswoman Lisa McClain