Northwood will release a new free online lesson promoting market economics

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MIDLAND — As the nation celebrates its independence, Northwood University announces the second in a series of online lessons for anyone interested in the Northwood Idea and the free market economy.

“The Northwood Idea exists as a set of timeless values ​​that adapt to changing conditions while remaining an unwavering guide,” said Dr. Dale Matcheck, who chairs Northwood University’s Department of Economics. “It provides direction to those who understand the full meaning of freedom. Freedom, we believe, is the foundation of prosperity.”

Northwood releases the second lesson, “Innovation & Innovism” on July 4. The university will release additional modules with various lessons throughout the year, which will include a full course by the end of the year. Learners will be able to test their knowledge and earn certificates from Northwood University after successfully completing the course.

The university promotes the importance of free enterprise, ethics, individual freedom and responsibility. Private, not-for-profit, and accredited, Northwood University specializes in management and entrepreneurship education on a full-service residential campus in Midland.

“The free enterprise system encourages investment, innovation, efficiency and determination,” Matcheck noted. “It also serves as a shield against tyranny. We strongly believe that government should be limited in scope, ensuring the rule of law through broad consent but not dictating the personal and economic decisions of its citizens.”


“Companies and the people who come together to form them thrive because those people are free to make their own choices,” Matcheck said. “Individual freedom, coupled with individual responsibility, creates an environment where the greatest good – economic or otherwise – accrues to the greatest number of people.”

Northwood, with donor support, announced the creation of an online course, “Philosophy of Free Enterprise,” on the university’s Founder’s Day in March, when the first online lesson, “A Brief history of progress”, was published on our website. course platform.

The primary donors behind this effort are Donald S. Gottwald, a 1988 alumnus, and his wife, Pamela. They wanted to highlight The Northwood Idea, the University’s guiding philosophy that provides a foundation for students to apply their unique individual talents in a free society to achieve a life well spent.

“The Northwood Idea Task Force, formed in November 2020, has launched a comprehensive effort to inject new energy into the Northwood Idea. The task force offered several recommendations for creating new college programs centered around the idea of ​​Northwood,” said Justin Marshall, Vice President of Advancement and Business Development at Northwood. “We are very grateful for Mr. Gottwald’s generous donation, which will allow us to share this programming with the public.”

The effort to bring lessons about The Northwood Idea to the public is also aided by a generous gift from the Thomas F. and Harriet S. Oakley Family Trust.

Donors who value freedom, the American system of free enterprise, and the creation of leaders who drive economic and social progress may consider donating to Northwood University. Visit our donation page or contact the Northwood Advancement Office at (989) 837-4356.

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