Archived Posts 2013 » Page 17 of 68 | Acton PowerBlog

Acton University is just two months away and we’ve just confirmed our featured lecturers for the big event. Check out their bios below.

The four featured speakers are:

Rev. Robert Sirico

He is presidsiricoent and co-founder of the Acton Institute.  Fr. Sirico serves on the staff of Sacred Heart of Jesus parish in Grand Rapids, Michigan. His writings on religious, political, economic, and social matters are published in a variety of journals, including: the New York Times, the Wall Street JournalForbes, the London Financial Times, the Washington Times, and more.
Read more on Acton University’s Featured Speakers Announced…

If your next date night costs you more, you can thank Obamacare. Regal Entertainment Group, the country’s largest movie theater chain, has announced that it is cutting employee hours due to Obamacare related costs.movie tickets

One Regal theater manager told FoxNews.com the move has sparked a wave of resignations from full-time managers who have seen their hours cut by 25 percent or more.

“In the last couple weeks, managers have been quitting on a daily basis from various locations to try and find full-time work,” said the manager, who asked not to be named. “Regal up until now has never restricted anyone to anything below 40 hours.”

Read more on A Night At The Movies: Higher Costs, Less Hours For Employees…

Samuel Gregg, Director of Research at Acton, discusses Blessed John Paul II’s 1993 encyclical Veritatis Splendor (The Splendor of Truth) in a new article in Crisis Magazine. Entitled, ‘Veritatis Splendor: The Encyclical That Mattered’, Gregg makes the claim that this encyclical may become one of the greatest in history. Why?

Read more on Samuel Gregg: ‘Veritatis Splendor – The Encyclical That Mattered’…

dad-baby-bjorn1With the expansion of economic freedom and the resulting material prosperity, we’ve reached an unprecedented position of personal reflection and vocation-seeking. This is a welcome development, to be sure, but as I’ve written recently, it also has its risks. Unless we continue to seek God first and neighbor second, such reflection can quickly descend into self-absorbed and unproductive naval-gazing.

Thus far, I’ve limited my discussion to the ways in which privilege and prosperity can impact our views about work outside of the home, but we needn’t forget the side effects that modernity might foster in an area that often consumes the rest of our daily lives: the family.

Just as most of our ancestors had few choices about where they glorified God in business (toiling for the feudal landowner), they also had few choices when it came to raising families (who they married, how many children they had, etc.). Whether due to lack of contraception, more practical material/financial concerns, or any number of other factors, for most families, children were simply a given.

Today, much like in our approaches to job-seeking, child-bearing has come to involve a significant degree of choice, and the overriding choice of the day seems definitive. As Jonathan Last points out in his book, What to Expect When No One’s Expecting: America’s Coming Demographic Disaster, birthrates in the Western world are in a free fall, with more and more adults opting for fewer and fewer kids, if any at all. Last offers plenty of nuances as to why this is happening, pointing to a “complex constellation of factors, operating independently, with both foreseeable and unintended consequences.” But on the whole, he concludes that “there is something about modernity itself that tends toward fewer children.” Read more on Family and Vocation in a Culture of Choice…

Joe Carter
posted by on Tuesday, April 16, 2013

Work Is the Best Way Out of Poverty, Most Americans Agree
Ashley Shelton, The Foundry

Most Americans believe “work is the best solution for poverty,” according to a recent Rasmussen Report. A full 80 percent of Americans agree with this statement (9 percent disagree and 11 percent are undecided).

Read more on PowerLinks – 04.16.13…

Jordan J. Ballor
posted by on Monday, April 15, 2013

At last night’s plenary dinner at the Association of Private Enterprise Education (APEE) conference, William Easterly of New York University was awarded the association’s highest honor, the Adam Smith Prize.

In a powerful speech, Easterly juxtaposed the contrary visions of economic development represented by the two laureates of the Nobel Prize in economics in 1974, Friedrich Hayek and Gunnar Myrdal.

Read more on Liberty for Me, But Not for Thee…

We’ve almost all seen some of the creepy messianic videos associated with President Obama’s 2008 presidential campaign. If you’re in need of a refresher there are examples here and here. It isn’t solely a problem of the political left though. Throughout history there has been varying belief in political saviors of different ideologies. There are many on the right who firmly believe that political changes alone will transform our culture and institutions.

Read more on Are We Creeping Towards Worship of the State?…

[Note: This is the second in a three part series. You can read the introductory post here and part three here.]

How Bitcoin Works (The Simplified Version)

In order to use the Bitcoin system, a user installs a “wallet” on their computer or mobile phone. Once installed the wallet generates a Bitcoin address (similar to an email address) that allows the user to send and receive payments. Bitcoins are divisible to 8 decimal places yielding a total of approx. 21×1014 currency units. This allows a person to spend a fraction of a Bitcoin (the current exchange rate as of April 15, 2012 is 1 Bitcoin = $95.36000). Unlike standard e-commerce and money transfer system, Bitcoin transactions are irreversible.

How Bitcoin Works (The More Complicated Version)

understand

A Bitcoin is merely a chain of digital signatures attached to a transaction log. In the very first transaction of the system, Nakamoto’s computer program (which is open source and distributed across a peer-to-peer network) created 50 Bitcoins. When Nakamoto spent some of the coins, it created a new transaction that subtracted the amount from his account and credited it to the recipient’s. All such transfers entail the owner digitally signing a hash (a numerical value created by an algorithm) of the previous transaction and providing the public key for the encryption to the next owner. Both items are then added to the coin’s transaction log. A payee can verify the signatures to verify the chain of ownership, which prevents double spending of the same coins.

This transaction—and all subsequent exchanges—is distributed to the entire network for verification. Collections of transactions, known as “blocks,” are deemed valid when another computer on the network creates a transaction log for it that matches the previous blocks. To prevent the falsified logs from being accepted, the system must provide a means of verification that is prohibitively costly to any individual user, but relatively cheap for the network as a whole. As explained in The Economist:
Read more on What Christians Should Know About Bitcoin (Part 2 of 3)…

The Kermit Gosnell trial is about a form of live-birth murder known as infanticide, a crime that the overwhelming majority of Americans rightly oppose.

And that is what the case is about: Well formed babies that Dr. Gosnell is alleged to have removed from women by inducing delivery or “precipitating,” as he called it. Then, because they were alive and breathing, he or members of his staff would plunge scissors into the back of the neck and sever the spinal cord. He is charged with doing this seven times, but it is thought he may have done it to hundreds of infants.

Read more on Did Gosnell Strip 7 of the Right to Life, Liberty and the Pursuit of Happiness?…

Joe Carter
posted by on Monday, April 15, 2013

Leadership as Stewardship, Part Two
Albert Mohler

Convictional leaders are called to fulfill a stewardship of breathtaking proportions. The knowledge that our calling is the stewardship is both liberating and limiting.

Read more on PowerLinks – 04.15.13…

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