I’m Not Buying Bitcoin

We’ve had some intriguing discussion about Bitcoin at the Acton Institute offices today. It is certainly a phenomenon worth greater attention, and something of significant cultural, social and economic import. But I’m not buying Bitcoin, at least not yet. Continue Reading...

Crime and the Nanny State

“Crime has been in decline,” says Acton Research Fellow Jonathan Witt, in an article for The American Spectator, “but current government policies are bound to reverse this trend.” Against the backdrop of sluggish growth and high unemployment, one bright spot has been declining crime rates, with levels in the United States now about half what they were 20 years ago. Continue Reading...

Video: John Blundell on Thatcher

On October 5, 2011, Acton welcomed John Blundell, Distinguished Senior Fellow at the Institute of Economic Affairs, to deliver a lecture as part of the 2011 Acton Lecture Series. His address was entitled “Lessons from Margaret Thatcher,” and provided insight into the Iron Lady from a man who had known Thatcher well before she became the Prime Minister of Great Britain. Continue Reading...

Cell Phones, Microfinance, and Poverty

A recent report by the United Nations states that out of the world’s seven billion people, six billion have a mobile phone, but only 4.5 billion have a modern toilet. In India, there are almost 900 million cell phone users, but nearly 70 percent of the population doesn’t have access to “proper sanitation.” Jan Eliasson, the UN Deputy Secretary General has called this a “‘silent disaster’ that reflects the extreme poverty and huge inequalities in world today.” Despite the lack of sanitation, most people are able to afford a mobile phone with a wide range available for [$15] or less and the price of calls reducing from [15c] a minute to [3c] a minute in the last decade. Continue Reading...

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