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...

“Crime has been in decline,” says Acton Research Fellow Jonathan Witt, in an article for The American Spectator, “but current government policies are bound to reverse this trend.” Against the backdrop of sluggish growth and high unemployment, one bright spot has been declining crime rates, with levels in the United States now about half what they were 20 years ago. This gradual decline holds true even in the perennially high-risk demographic of young men, suggesting it isn’t merely a knock-on...

What is the President’s budget? Technically, it’s only a budget request—a proposal telling Congress how much money the President believes should be spent on the various Cabinet-level federal functions, like agriculture, defense, education, etc. Why does the President submit a budget to Congress? The Congressional Budget Act of 1974 requires that the President of the United States submit to Congress, on or before the first Monday in February of each year, a detailed budget request for ing federal fiscal year,...

Update: Acton now has a PDF of this article available. You can download a color or black and white copy of it here: Gregg on Social Justice Gregg on Social Justice (black & white) There seems to be a great deal of confusion about “social justice” and what that term actually means. In order to provide some clarity, and precision, to better understand the concept, Acton Director of Research Samuel Gregg, wrote an essay for Library of Law and Liberty...

As keystroke mitted to screen in the writing of this post, J.C. Penney honcho Ron Johnson received his walking papers. This after it was announced last week that the ousted CEO had his pay cut 90 percent– tanking his 2012 salary to a mere $1.9 million from a sum north of $50 million in 2011. With numbers like that, Johnson more than likely won’t apply for unemployment benefits anytime soon. But pensation unfortunately will add more fuel to the fire...

In a recent post on leadership and stewardship, Albert Mohler argues that although “Christians are rightly and necessarily concerned about leadership,” we often exhibit a tendency to “aim no higher than secular standards and visions of leadership.” Instead, Mohler argues, the Christian is called to “convictional leadership,” something defined by fundamental Biblical beliefs that are “transformed into corporate action,” rather than a general deference to the status quo of secularist thinking: Out in the secular world, the horizon of leadership...

Margaret Thatcher once told an interviewer, “Of course, I am obstinate in defending our liberties and our law. That is why I carry a big handbag.” During her time as Prime Minister, Thatcher’s handbag became an iconic symbol of her ability to handle opponents. The term “handbagging” even entered the Oxford English Dictionary (the verb “to handbag” is defined as: (of a woman politician), treat (a person, idea etc) ruthlessly or insensitively) to describe her rhetorical style. Thatcher’s handbagging usually...

While the Acton Institute has a network of international affiliations around the globe (in places like Brazil, Austria, and Zambia), we only have two offices: our primary headquarters in Grand Rapids, Michigan and Istituto Acton, our office located in Rome, Italy. Having an office in Rome provides a base camp for Acton’s work around Europe. But it also gives Acton, as co-founder and executive director Kris Alan Mauren once explained, a vantage point from which to keep close watch on...

According to a new study, private religious schools perform better than both public schools and public charter schools. William Jeynes, professor of education at California State University at Long Beach and senior fellow at the Witherspoon Institute at Princeton, told the Christian Post that he found religious, mostly Christian, school students were a full year ahead of students who attend public and charter schools. Could the results be due to religious school parents being move involved in their child’s lives?...

David Innes at World Magazine wrote a fascinating post about the nature of virtuous leaders. In discussions of what is necessary for employees to flourish at work, it is important to remember that the character of those in decision-making positions is vital for organizational productivity. Innes reminds us that the key feature of virtuous leaders is one of love. They love their employees properly and, by extension, create a life-giving work environment: Emotionally intelligent leaders understand the relationship between emotional...