On July 28, 2014, the Japanese stock exchange, the Nikkei, closed at a six month high. This buoyed the hopes for growth in domestic corporate earnings. Casino related businesses in Tokyo predicted that this could encourage the country to allow new casinos,
“The question isn’t who is going to let me; it’s who is going to stop me.”
~ Ayn Rand
Ayn Rand is best known for her novels, The Fountainhead (1943) and Atlas Shrugged (1957).
“India has won. Good times ahead.”
This is what Narendra Modi tweeted when his party achieved an irrefutable lead in the elections earlier this year. Now that Modi has formed his government at the centre, what does the new government have in store for the third largest economy in Asia?
“The American dream is not that every man must be level with every other man. The American dream is that every man must be free to become whatever God intends he should become.”
~ Ronald Reagan
During the Great Depression, John Maynard Keynes and Friedrich Hayek were building their economic models. After fighting out their fundamental differences at various debates, Keynes prevailed.
For many of us in India, the word ‘casino’ brings forth the image of a high profile, white-collar businessman who seeks solace in expensive liquor and the thrill of gambling. Movies took it a step further by showing casinos as a place where crime syndicates and corrupt politicians and prostitutes interact while being intoxicated.