Economics

April 16, 2013

What Christians Should Know About Bitcoin (Part 3 of 3)

[Note: This is the third entry in a three part series. You can read the introductory post here and part two here.] The Disadvantages of Bitcoin For people who are not obsessed with anonymity and are not waiting for the U.S. Continue Reading...

April 16, 2013

A Night At The Movies: Higher Costs, Less Hours For Employees

If your next date night costs you more, you can thank Obamacare. Regal Entertainment Group, the country’s largest movie theater chain, has announced that it is cutting employee hours due to Obamacare related costs. Continue Reading...

April 15, 2013

What Christians Should Know About Bitcoin (Part 2 of 3)

[Note: This is the second in a three part series. You can read the introductory post here and part three here.] How Bitcoin Works (The Simplified Version) In order to use the Bitcoin system, a user installs a “wallet” on their computer or mobile phone. Continue Reading...

April 12, 2013

Second-Hand Clothing Undermines Africa’s Economy

The second-hand clothing industry in parts of Africa is big business. In fact, many charities receive substantial revenue from the sale of these clothes. Why buy a t-shirt for 10 dollars when you can buy one for 32 cents? Continue Reading...

April 12, 2013

What Christians should know about Bitcoin (Part 1 of 3)

Every day we hear about contemporary, serious concepts (e.g., chained CPI) and new, silly fads (Vadering), but in the modern age it’s not always easy to tell which category a new idea falls into. Continue Reading...

April 11, 2013

I’m Not Buying Bitcoin

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. Continue Reading...

April 09, 2013

New Mexico Wisely Breaks With Bad California Tax Policies

The best show on TV over the past five years has, in my not-so-humble-opinion, been AMC’s Breaking Bad. This is one over-hyped show that lives up to all of it (and more). Continue Reading...

April 08, 2013

Video: John Blundell on Thatcher

On October 5, 2011, Acton welcomed John Blundell, Distinguished Senior Fellow at the Institute of Economic Affairs, to deliver a lecture as part of the 2011 Acton Lecture Series. His address was entitled “Lessons from Margaret Thatcher,” and provided insight into the Iron Lady from a man who had known Thatcher well before she became the Prime Minister of Great Britain. Continue Reading...

April 05, 2013

Why Do Economists Urge College But Not Marriage?

From an economics perspective both getting a college degree and getting married are beneficial for one’s earning potential. So why do economists promote the college wage premium while downplaying or ignoring the marriage wage premium? Continue Reading...

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