Contributor
Warren Gibson is retired from two careers: as an engineer and a lecturer in
economics at San Jose State University.
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“The flash mobs, coordinated as they are by social media, have created disturbing and disruptive bubbles and may continue to do so. Bitcoin is probably not in a bubble. Above all, letโs not forget the ominous longer-term debt bubble.” ~ Warren C. Gibson
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“A more significant stash of dry tinder lurks in the Federal Reserve computers (hat tip: Cathie Wood). I refer to the reserves that commercial banks hold in their accounts at the Fed. At one time, they were required to hold balances equal to 10% of their demand deposit liabilities and were free to hold moreโexcess…
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“Progress isnโt automatic, and worse, regress can happen. We must understand and promote Enlightenment ideas and practices: Reason, Science, Humanism and Progress.” ~ Warren C. Gibson
โข
“A hands-off policy runs contrary to a politicianโs every instinct. Every bone in their body tells them they must ‘do something’ to justify their votes and campaign contributions. They respond to the loudest voices, the fishermen in our example, and the deepest pockets. As always, the answer lies in improving our understanding of theory and…
โข
“Sound bites may be good for political harangues but they are never enough for true understanding. Dissing profits is misleading if no distinction is made between consumer-driven competitive profits and crony-capitalist ones, or if losses are overlooked.” ~ Warren C. Gibson
โข
“Whether you are a student or a senior citizen, be curious about the physics, engineering, and economics behind the everyday devices and systems that you depend on so heavily and take so much for granted. Of course, there isnโt time to research everything but with so many resources now available online, you can reward yourself…
โข
โThere is no acting entity called โthe nationโ to be served. The reality: what is called national service means doing the bidding of the particular politicians and bureaucrats who hold the reins, issue the orders and reap whatever sadistic satisfaction they gain from so doing.โ ~ Warren Gibson
โข
โWhere are we now? Is Social Security going bankrupt? Not literally, since bankruptcy law does not apply to government agencies or programs. But it is unquestionably true that Social Security is headed for a fiscal calamity.โ ~ Warren Gibson
โข
“When the rules make it impossible for a bank to make sound and reasonable acquisitions of new assets because they are up against their capital limits, things can go badly awry.” ~ Warren Gibson
โข
None of todayโs prominent political figures is a thug on the scale of Randโs Dr. Ferris, but the thugs are out there watching and waiting. Yet itโs not inevitable that the jaws will continue to tighten.
โข
“The flash mobs, coordinated as they are by social media, have created disturbing and disruptive bubbles and may continue to do so. Bitcoin is probably not in a bubble. Above all, letโs not forget the ominous longer-term debt bubble.” ~ Warren C. Gibson
โข
“A more significant stash of dry tinder lurks in the Federal Reserve computers (hat tip: Cathie Wood). I refer to the reserves that commercial banks hold in their accounts at the Fed. At one time, they were required to hold balances equal to 10% of their demand deposit liabilities and were free to hold moreโexcess…
โข
“Progress isnโt automatic, and worse, regress can happen. We must understand and promote Enlightenment ideas and practices: Reason, Science, Humanism and Progress.” ~ Warren C. Gibson
โข
“A hands-off policy runs contrary to a politicianโs every instinct. Every bone in their body tells them they must ‘do something’ to justify their votes and campaign contributions. They respond to the loudest voices, the fishermen in our example, and the deepest pockets. As always, the answer lies in improving our understanding of theory and…
โข
“Sound bites may be good for political harangues but they are never enough for true understanding. Dissing profits is misleading if no distinction is made between consumer-driven competitive profits and crony-capitalist ones, or if losses are overlooked.” ~ Warren C. Gibson
โข
“Whether you are a student or a senior citizen, be curious about the physics, engineering, and economics behind the everyday devices and systems that you depend on so heavily and take so much for granted. Of course, there isnโt time to research everything but with so many resources now available online, you can reward yourself…
โข
โThere is no acting entity called โthe nationโ to be served. The reality: what is called national service means doing the bidding of the particular politicians and bureaucrats who hold the reins, issue the orders and reap whatever sadistic satisfaction they gain from so doing.โ ~ Warren Gibson
โข
โWhere are we now? Is Social Security going bankrupt? Not literally, since bankruptcy law does not apply to government agencies or programs. But it is unquestionably true that Social Security is headed for a fiscal calamity.โ ~ Warren Gibson
โข
“When the rules make it impossible for a bank to make sound and reasonable acquisitions of new assets because they are up against their capital limits, things can go badly awry.” ~ Warren Gibson
โข
None of todayโs prominent political figures is a thug on the scale of Randโs Dr. Ferris, but the thugs are out there watching and waiting. Yet itโs not inevitable that the jaws will continue to tighten.
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