Acton’s enormously exciting FIRE SALE continues in the Acton Audio Store! We’ve marked down prices on our 2012 Acton University audio by SEVENTY-FIVE PERCENT! Talks by luminaries such as Michael Novak, Eric Metaxas and Arthur Brooks are available for the low, low price of fifty cents! You’d have to be crazy not to check it out!
Alejandro Chafuen, board member of the Acton Institute and a contributor to Forbes.com, has recently written an op/ed asking, “Will think tanks become the universities of the 21st century?” He says that “think tanks and the academy in all likelihood, were united at birth.” and that “Massive Online Open Courses, or MOOCs, are affecting universities as few other developments in the history of education. [He] would not be surprised if taking advantage of this technology some of the major think tanks, especially those with outstanding scholars on their staff, will soon develop into small boutique universities.” Chafuen also lists several U.S. think tanks that are working on university type programs, including Acton University:
- The Ludwig von Mises Institute, in Auburn, Alabama, has been hosting their Mises University since 1986. The one week course focuses on Austrian economics.
- Cato Institute has its Cato University, usually taking place at the end of July.
- A recent entrant to this market, the Acton University, organized by the Acton Institute, Grand Rapids, Michigan. Last year it attracted close to 800 students and professors from approximately 80 countries. It is the most international free society educational program in history.
- The Atlas Network hosts a Think Tank MBA course for talented intellectual entrepreneurs, as well as a “leadership academy” as an online course to help enhance think tank talent.
He concludes with this thought:
The new global scene and the new technologies are changing the optimum size of educational institutions. The lessons from Plato’s Academy, which took place in a garden grove near Athens, had an enormous impact on civilization. The evolving scene in higher education and the growth of think tanks will lead to new educational offerings that will have a major impact on the quality and quantity of policy studies and public policy education.
Unfortunately registration for Acton University is closed, but you can check out AU Online. The foundational courses are free!
May 1st was Law Day across America, and here in Grand Rapids, the Acton Institute joined the Catholic Lawyers Association of West Michigan to sponsor a Law Day Celebration at the St. Cecilia Music Center. The chosen theme for Law Day this year was “Realizing the Dream: Equality for All,” and responsibility for delivering a keynote address on that theme fell to Acton President Rev. Robert A. Sirico, who reflected on the role of faith in the legal profession in a time of great turmoil in society, in part because of the way that the law is currently being used to effect social change.
The event also featured the presentation of the Catholic Lawyers Association of West Michigan’s Thomas Moore Award to Michigan Court of Appeals Chief Judge William Murphy.
You can listen to that presentation, as well as Rev. Sirico’s address, using the audio player below.
Last April 16, Acton’s Rome office co-sponsored a seminar in London on “The Morality of Work, Commerce and Finance: Lessons from Catholic Social Teaching” with St. Mary Moorfields, the only Roman Catholic parish in the Square Mile and located in the very heart of London’s investment banking district.
With several astute financiers, bankers, and business executives in attendance, the seminar’s expert speakers helped them articulate and ponder the moral and vocational aspects of the financial world in which they work. The seminar’s speakers also addressed the political and legal frameworks that regulate their sectors in light of traditional free market economic philosophy and the particular Catholic social teachings that both challenge and sustain modern practices in the sector.
Msgr. Martin Schlag, a moral theology professor at Rome’s Pontifical University of the Holy Cross, led off discussion with his talk “Personal Virtues in the Workplace”. Schlag spoke about the interplay of the classical virtues before raising a discussion on the uniquely Christian “theological” or supernatural virtues of faith, hope, and charity.
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.
My initial skepticism is in part due to my lack of familiarity with the details of the currency and its formation. I certainly need to learn more.
But also in large part my skepticism is due to my doubt about the productiveness of the effort that generates the currency. Is it merely fiat money without the pretensions? Is it the logic of subjective value-theory brought to the final conclusion? I worry that the computing power expended to mine BitCoins is vacuous and parasitic at its core. It does not represent a good or service that has been provided for or contributed to anyone.
A Bitcoin has value simply because people have decided it has value. People “mine” Bitcoins because, as Whately would note, “they fetch a high price.”
But what does a Bitcoin block represent in terms of actual human utility? I worry too that this is a system that relies parasitically on real-world resources, e.g. coal which provides a large part of the electricity, which is used to run computers so that they can then in turn “mine” something entirely virtual.
What is Bitcoin teaching us, really?
If you’ve had experience with Bitcoin or thoughts about the phenomenon, please share them in the comments below.
We’re continuing to round up clips of Acton involvement in the media coverage of the recent papal conclave and the election of Pope Francis, and today we present two clips from across the pond that our American readers likely haven’t seen yet. First up, Istituto Acton’s Kishore Jayabalan joins Father Thomas Reese, former editor of America magazine and current fellow at the Woodstock Theological Center in Washington, DC, to discuss the conclave process as it progressed; the interview took place prior to the election of Pope Francis on March 13th.
Acton President Rev. Robert A. Sirico also made an appearance on the BBC, providing analysis for GMT with George Alagiah on March 14 following the election of Francis.
In Religion & Liberty, Metropolitan Hilarion gives considerable attention to the plight of Christians in Syria and the Middle East. On ecumenical relations, the Metropolitan also talks about the obstacles of a united front for Christianity because of doctrinal liberalism within some Protestant branches, who incessantly rebel against historic Christian teachings. Metropolitan Hilarion is a bishop of the Russian Orthodox Church and chairman of the Department of External Church Relations.
“First Citizen and Antillon” by Samuel Hearne is a timely contribution given the rise of religious persecution in America today. The Charles Carroll of Carrollton and Daniel Dulany debates in 18th century Maryland helped to advance religious freedom in the colonies. Charles Carroll was the only Roman Catholic signer of the Declaration of Independence and the last signer to pass away in November of 1832.
Timothy J. Barnett reviews Dennis Prager’s Still the Best Hope: Why the World Needs American Values to Triumph and Bruce Edward Walker reviews Silent Spring at 50: The False Crises of Rachel Carson.
The “In the Liberal Tradition” figure is Metropolitan Phillip II (1507 – 1569). Phillip was a martyred Russian Orthodox monk. His life and courageous testimony serves as an example for Christians everywhere.
One of the most misunderstood and maligned aspects of businesses throughout history and certainly today are profits. Profitable companies and services still stir considerable misunderstanding and even rage in some. Rev. Robert Sirico offers an excerpt on “The Role of Profits” from his book Defending the Free Market.
You can check out all of the content in the R&L issue here. The next issue features an interview with Peter Schweizer on cronyism. Schweizer is a best-selling author and fellow at the Hoover Institution.
If anyone is poor among your fellow Israelites in any of the towns of the land the Lord your God is giving you, do not be hardhearted or tightfisted toward them. Rather, be openhanded and freely lend them whatever they need. (Deut. 15:7-8)
As part of its annual summer program series, St. Vladimir’s Orthodox Theological Seminary is producing a conference on poverty on Friday, May 31, and Saturday, June 1. The event, held on St. Vladimir’s campus in Yonkers, N.Y., is being produced in collaboration with the Acton Institute.
The event, which looks at the causes of poverty, how Christians should respond to the poor, and broad questions of social justice, is offered as a tribute to Dn. John Zarras, a 2006 SVOTS graduate who earned his M.Div. degree over a period of several years as a late–vocations student. Deacon John also served as a member of the Board of Trustees and the president of the St. Vladimir’s Seminary Foundation.
If you register online before May 15, the seminary will waive the $50 registration fee.
Speakers include Jay Richards, author of Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem and Senior Fellow at the Discovery Institute; Susan R. Holman, adjunct lecturer at Episcopal Divinity School, senior writer at Harvard Global Health Institute, and editor of Wealth and Poverty in Early Church and Society; and Michael Matheson Miller, Acton Institute Research Fellow.
Last night on Real News on The Blaze TV, Acton Institute Director of Research Samuel Gregg joined the panel to add his analysis of the current financial crisis in the nation of Cyprus, and the potential impacts that this crisis could have for other European Union nations that are currently trying to deal with financial issues of their own.
Gregg deals extensively with the problems of Europe in his book Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future, which is well worth your time, and you can check out his appearance on the Library of Law and Liberty Podcast as well on the same topic. His Blaze TV interview is below.
Note: We’ve discovered an issue with different phone resolutions and app incompatibility. This includes the Lumia 920 and HTC 8X phone models. This error will be corrected soon and the post will be updated. Currently, the app works on phones with the same resolution as the Lumia 822 (from Verizon).
We’ve launched a new app for phones that allows individuals using Windows Phones to access new content from Acton Institute. This app joins our current lineup of Apple and Android offerings. It provides the latest PowerBlog posts, Acton Commentary, and Flickr photos from Acton. Other features include the ability to contact us, donate, and get to our social media pages like Facebook and Twitter quickly.