MGM Casino Project Could Help Revive the Connecticut Economy
Global hospitality and entertainment giant, MGM Resorts International has announced ambitious plans to construct casino and entertainment complex in Bridgeport. The project, estimated to cost $675 million, would be located
From Vegas to Vancouver: Championing the Cause of Free Markets
The more any government stifles the idea of free markets through rules and legislations, the more people would try and “find a way out” and the results can be catastrophic for an economy. It is for this reason that champions of the
Free Market Thinker Rakesh Wadhwa to Speak at Capitalism & Morality 2017
On July 29, 2017, some of the finest minds would be getting together in Vancouver to discuss the philosophy of freedom and liberty. This annual event brings together thinktanks and leaders from across the globe to meet and share their
Crony Capitalism is on a Decline
Crony capitalism is on a decline, according to the Economist’s index of crony capitalism created in 2014. The Economist index shows that in 2016, Russia has the highest amount of crony capitalism; crony sector wealth constitutes 18% of Russia’s GDP, out of
India Achieves its Highest Ever Score on the Index of Economic Freedom
India achieved its highest ever score on the 2016 Index of Economic Freedom. India’s score of 56.2 gave it the 123rd rank among the 178 countries ranked by this index. India was ranked the 25th among the xx nations in the Asia Pacific region. The 123rd
Dr. Roy Spencer: The Meteorologist Who is a Free Market Thinker
It is rare to come across a person who is as diverse as Roy Spencer. He describes himself as a climatologist, author and a former NASA scientist. Other than his many contributions academically, he is also attributed with many memorable
Brazil on the Path to a Different Revolution
Brazil was considered to have the sixth largest economy in the world, both by nominal GDP and purchasing power. In 2012, its economy surpassed the United Kingdom, and Forbes ranked the country as being home to the fifth largest number of
Free Market Advocacy Think Tanks in India
Free market thinkers could be largely categorized into three distinct types – Anarchists, Minarchists and Minimaxes, representing varying degrees of government control. The Anarchists, as evident from the name, believe in zero intervention
Donald Trump: From Casino Magnate to Presidential Candidate
Donald Trump came to be known all over the world for his sardonic humor and his magnetic personality when he starred in the famous television show, The Apprentice. Having first aired in 2004, the show ran for 14 seasons in two formats, The
Rakesh Wadhwa. Ever since, I was a school boy, I knew India was on the wrong path. Socialism was just not what we needed to get ahead. Government controlled our travel; government controlled our ability to buy and sell; and government controlled our freedom to move our money. My life has focused on the inherent rights people have. When I was in college, I never understood, what the governments meant by their "socialistic attitude". If people are free to buy, sell and move their capital themselves without any restrictions by state, then the welfare of people is inevitable & hence the countries they live in will become wealthy. The government has no right whatsoever, to point a finger at me or my business. I am not a revolutionary. I just want to light up my cigarette and not get nagged about it. I believe in non-interfering attitude to attain more. 
The Bastiat Award is a journalism award, given annually by the International Policy Network, London. Bastiat Prize entries are judged on intellectual content, the persuasiveness of the language used and the type of publication in which they appear. Rakesh Wadhwa won the 3rd prize (a cash award of $1,000 and a candlestick), in 2006.
What the readers are saying…