Big Mac Coins and the U.S. Dollar
A family member recently sent me a post from the Reddit Subreddit,…
Author Dr. Christopher Douglas
Dr. Christopher Douglas
Dr. Christopher Douglas came to the University of Michigan-Flint in 2006. He earned a B.S. in Electrical Engineering and a B.S. in Economics from Michigan Technological University in 2001, and his Ph.D. in Economics from Michigan State University in 2007. A Professor of Economics and Acting Associate Dean of the College of Arts, Sciences and Education at UM-Flint, he teaches Principles of Microeconomics, Principles of Macroeconomics, International Economics, Public Finance, and Sports Economics.
Price Gouging
When the price of something rises, allegations of price gouging inevitably surface.…
Price Controls
A few weeks ago, the Harris campaign proposed using price controls to…
Fiat Money & Baseball Cards
In the world of baseball cards, the most valuable is Honus Wagner’s…
Corporate Greed
There is only one cause of inflation: federal deficit spending financed by…
Social Trust
In last month’s column, I discussed how trust in government is at…
Trust in Government
An underappreciated risk in the U.S. economy is that Americans have lost…
Why is the Budget Deficit a Problem?
My March column discussed the challenges involved in balancing a federal budget…
Will Inflation Run Hot?
At the end of 2023, inflation appeared to be falling to the…
Balancing the Budget
The federal government is set to add another $1.5 trillion to the…
The Housing Market
Higher interest rates usually result in falling house prices, as the higher…
Deflation versus Disinflation
On November 30, President Biden posted on X (aka Twitter): “Let me…