Acton Institute Powerblog Archives

Technology and Regulation

What’s a Few Dead Eagles Between Friends?

There are currently two sets of laws in America: laws that apply to everyone and laws that apply to everyone except for friends of the Obama administration. In January I wrote about how the executive branch had argued that the Migratory Bird Treaty Act of 1918 should be broadly interpreted in order to impose criminal liability for actions that indirectly result in a protected bird’s death. Continue Reading...

The Regulators Are Coming for Bitcoin

Last month, in my series on Bitcoin, I wrote that for the crypto-currency to succeed it will one day have to become trusted by more mainstream consumers, which requires adding such features as regulatory oversight and a centralized monetary authority—the very features of other currencies that Bitcoin was created to avoid. Continue Reading...

ICCR Shareholders vs. World Hunger

Finding solutions for feeding the world’s poorest is about as non-controversial a mission as you could imagine for someone pursuing a religious vocation. Yet, the investors belonging to the Interfaith Center for Corporate Responsibility put politicized science ahead of that mission in their opposition to genetically modified organisms (GMOs). Continue Reading...

Bitcoin as ‘Super Fiat’ Currency

Joe has done us all a real service in putting together his three part (1, 2, 3) primer on Bitcoin (full PDF here). I am curious, though, what the justification is for referring to Bitcoin as a “commodity” currency. Continue Reading...

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...