Latest Posts

Bitcoin is (Nearly) Dead

Last year I wrote a series of blog posts about what Christians should know about Bitcoin. In response, one astute reader pointed out an odd juxtaposition: my conclusion seemed to imply that Christians should avoid Bitcoin “at all cost” and yet the Acton Institute accepts donations in Bitcoin. Continue Reading...

Michael Novak: ‘Capitalism is Lifting the World out of Poverty’

Philosopher and theologian, Michael Novak recently delivered a speech at the Catholic University of America on the vocation of business and Forbes published the transcript. Novak argues that “capitalism is lifting the world out of poverty.” As many Asian and African economies shift from socialist to capitalist, they are seeing enormous economic growth, and small businesses are the force behind these economic gains: Even in developed nations, most jobs are found in small business. Continue Reading...

Tattooing Justin Bieber’s Heart

Justin Bieber is no different than many 20-year-olds in the US and Canada. He is naturally searching for identity, meaning, and purpose — and searching for a community with whom to pursue those things. Continue Reading...

Chevron, Ecuador, and the Interfaith Rush to Judgment

In 2005, religious shareholder activists of various stripes jumped aboard the bandwagon filing resolutions against Chevron for an environmental disaster it allegedly caused. Chevron asserted its innocence, but the activist shareholders put the squeeze on: Chevron’s Ecuador environmental disaster, considered by experts to be the worst oil-related ecological problem on the planet and currently the subject of a high-stakes law suit estimated to cost the company upwards of $6 billion, will be high on the agenda of the company’s 2006 annual shareholder meeting with the filing of three new resolutions asking Chevron’s management to take various steps to protect human rights, the environment and shareholder interests. Continue Reading...

Why Attitudes About Competition Matter

In an excerpt from the splendid PovertyCure series, Michael Fairbanks offers a helpful bit on why our attitudes about competition matter for economic development: I can predict the future of a developing nation better than any IMF team of economists by asking one question: “Do you believe in competition?” When I go to Venezuela and I say, “do you believe in competition?,” they say “competition means the rich get richer and the poor get poorer.” They say “competition is the unnecessary duplication of effort because you have two firms doing the same thing.” They say “competition is a quaint North American concept that doesn’t apply here.” But when I go to Silicon Valley and I say,“What do you think about the word competition?,” they say, “Well, I love competition, because even when I lose, I learn something. Continue Reading...

Radio Free Acton: Egypt in Transition

As Egypt moves through the process of establishing a new, stable government after not just one but two revolutions, the security of the Coptic Orthodox Christian community in Egyptian society has at times been in doubt. Continue Reading...

PowerLinks 03.05.14

The Downside of Inciting Envy Arthur C. Brooks, New York Times It’s safe to conclude that a national shift toward envy would be toxic for American culture. When Income Inequality Is – and Isn’t – a Problem Anne Bradley, Institute for Faith, Work, and Economics Income inequality can be a red herring. Continue Reading...

McConaughey Oscar Acceptance Begs a Question

By now even many people who didn’t watch the Oscars have seen or heard Matthew McConaughey’s acceptance speech for Best Actor. The Texas actor thanked God for all the opportunities in his life, thanked God some more (cut to Academy members squirming in their seats), and then he told a story about when he was a teenager and was asked who his hero was. Continue Reading...