Acton Institute Powerblog Archives

Post Tagged 'innovation'

The political implications of bitcoin

Prior to the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money, balanced budgets reflected the received wisdom for governments. By making the case for debt spending in times of recession (and the virtually ignored case for restricting spending in times of growth), Keynes gave political leaders a license to abandon the requirement of balance. Continue Reading...

Lessons from India’s ‘private city’

  Given the acceleration of urbanization around the world, many are wondering how local governments and city planners will keep up with the pace. While advocates of free markets routinely argue for fewer top-down restrictions and more privatization of local services, others argue for increased controls and more advanced central planning. Continue Reading...

Why coffee tasting matters to God

Does the work of a coffee buyer have an impact that stretches on into eternity? Does coffee tasting matter to God? In a new video from Chapel Hill Bible Church, coffee taster and buyer Jeff McArthur shares how he came to see the deeper meaning of his work, both in the day-to-day trades and exchanges with his customers and community and in the relational ripple effects that reach on into the broader economic order. Continue Reading...