Acton Institute Powerblog Archives

Post Tagged 'central banking'

Should you bet on Bitcoin?

For those who’ve heard the word a lot but are still not sure what it means, cryptocurrency is a digital asset used to make purchases. It operates using a computer network, often a blockchain, a shared ledger that acts as a mechanism to transfer value from one person to another and that records and stores information in chains of “blocks”—chronological groups rather than tables or folders like more traditional databases. Continue Reading...

Rev. Sirico: The Vatican’s Monetary Wisdom

In the Wall Street Journal, Acton Institute President and Co-Founder Rev. Robert A. Sirico looks at the recent “note” on economics released this week by the Vatican. The document, titled “Toward Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority,” was published with an eye toward the upcoming G-20 meeting in Cannes, France, on Nov. Continue Reading...

Europe’s Monetary Sins

Over at Public Discourse, a new article by Acton’s research director Samuel Gregg examines the deeper reasons behind the problems of the euro. In “Europe’s Monetary Sins,” Gregg points out that many of the euro’s present difficulties reflect a basic refusal of Europe’s political class to acknowledge some of the unpleasant economic realities associated with the EU’s social model, as well as a tendency to say one thing while really doing another. Continue Reading...

Beyond Sovereignty: Money and its Future

Over at Public Discourse, Acton’s Samuel Gregg has just published a piece about the future of money. The issuance of money, he writes, is often associated with issues of national sovereignty, despite the fact that governments have long abused their monopoly of the money supply. Continue Reading...

Discussion on ‘Whither Central Banking?’

Today Sam Gregg’s article ‘Whither Central Banking?’ appeared in the blog of the Whitherspoon Institute, Public Discourse.  In light of Germany Chancellor Angela Merkel’s criticism of central banking Gregg takes a thoughtful analysis on improving central banking to help aid our recovery from the financial crisis we currently face. Continue Reading...