Alejandro Chafuen in Forbes: Aquinas and Bitcoin

Yesterday in Forbes, Alejandro Chafuen, Acton’s Managing Director, International, analyzed moral questions of cryptocurrency in light of St. Thomas Aquinas’s Summa theologiae. It is an application of centuries-old thought to a very recent phenomenon—but of course, as the article seeks to show, moral considerations are perennial even as their particular objects change. Continue Reading...

Can Bitcoin solve the classic problems of money?

The digital currency Bitcoin has not only attracted a lot of interest from investors, but it has raised some intriguing economic and financial questions. Economists and other theorists have long grappled with problems such as inflation, counterfeiting or money laundering. Continue Reading...

Hayek is the prophet of cryptocurrencies

Even among freedom minded individuals, classical liberalism gives way to conservative resistance on the issue of money. The view prominent on the right and the left is that money is the exclusive right of the state, rather than private initiative. Continue Reading...