The Wealth and Poverty of Nations

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Northwood University Speaker Series through the Eyes of a Knight
Dr. Christopher Coyne speaking to student Wally Trejo

Dr. Christopher Coyne speaking to student Wally Trejo

Dr. Jerome Fullinwider, Northwood University, Trustee Emeritus and Outstanding Business Leader of 2012

Dr. Jerome Fullinwider, Northwood University, Trustee Emeritus and Outstanding Business Leader of 2012

September 28, 2012

CEDAR HILL, Texas–When you’re in college, many speakers come from all over to talk to you about everything from career opportunities to more efficient ways of studying. Most students fall asleep, play on their phones or converse with their peers about some random “awesome” party, however on Thursday, September 20th, that was not the case. Northwood University was honored to host the Values Emphasis speaker series with two expert economists Dr. Christopher Coyne and Dr. Veronique de Rugy.

For two weeks there was buzz around campus about the experts coming to campus to speak to us.  And like typical students many did not want to attend because they assumed that it was going to be boring. The presentation was held in the Patterson Memorial Chapel on Thursday, September 20, at 12:45PM. At 12:15PM students were already filing in with paper and pen ready to take in the words of wisdom from the experts.  At 12:45PM it was standing room only.

The first speaker was Dr. Veronique de Rugy, a senior research fellow at the Mercatus Center at George Mason University. She talked about how getting “more economic freedom equals more wealth” and how we need to shrink the size of government and fight for our freedom from the government, end generational warfare, and so much more.   Dr. de Rugy stated, “I hope they will reinforce their understanding to how important freedom is, to devote their lives to fighting for freedom.” The last speaker was Dr. Christopher Coyne, assistant professor of economics, associate director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics and the F. A. Harper Professor of Economics at the Mercatus Center at George Mason University. Dr. Coyne spoke of how we as humans have the natural emotions to help others. He taught students the components of freedom, and that there is “no such thing as a free lunch”. When the speakers were done, the students gave them both a standing ovation and professors asked if they could use the speakers’ power point presentations in their own lectures. After the lecture a select few students were asked to join the experts for a luncheon held in the Lambert Commons seminar room. The student was able to have a one on one discussion with the expert economists and Dr. Jerome Fullinwider, Northwood University, Trustee Emeritus and Outstanding Business Leader of 2012.

Many speakers come and go and never leave an impact on your life, but on this day, many students had a better understanding of the economy. The atmosphere was surreal. No student or faculty reached for their phone, wondered off mentally, engaged in conversations with their peers or got up to leave. Everyone was drawn and captivated by every word that left both experts lips. The students were literally on the edge of their chairs. This speaker series was not like any other. This was the best time for the experts to come and speak to students especially with the election right around the corner. You could see in the faces of the students that they enjoyed the lecture and re-evaluated their views on the economy.

That is the difference between an everyday university student and a Northwood student. A Northwood University student believes in the advantages of an entrepreneurial, free-enterprise society and has an open mind to the ideas of expert economists such as Dr. Cohen and Dr. de Rugy.  We are here to be the next business leaders and acquire advice from experts such as the speakers in the Northwood University, Values Emphasis Speaker Series.