Balancing the Budget
The federal government is set to add another $1.5 trillion to the…
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.
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…
Did We Achieve a Soft Landing?
The economy in 2023 was resilient. The unemployment rate is currently 3.9%,…
There Will Not Be a Second Bailout
Hopefully, the UAW strike will be settled by the time this column…
The Federal Reserve is Not Independent
One of the myths found in economics textbooks and perpetuated by some…
The Federal Reserve is the Cause of Inflation, Not the Cure for It
With inflation slowing to 3.1% as of writing this column, Jerome Powell…
Costs of High Interest Rates
The Federal Reserve has increased the federal funds rate from 0% to…
What if the Government Defaults?
The deal recently reached by Congress and President Biden suspends the debt…
The Bailout of Silicon Valley Bank
In March 2023, Silicon Valley Bank (SVB) collapsed. When a bank fails,…
The Collapse of Silicon Valley Bank
Due to losses on its bond portfolio, Silicon Valley Bank collapsed in…
Reducing Demand
Everyone hoped inflation would return to normal in 2023. Signs were encouraging…