60 Years of Economic Growth In Five-year Installments

60 Years of Economic Growth In Five-year Installments

Posted by: on Aug 27, 2016 | No Comments

When India first won its Independence, it still had a long way to go before it could become self-sufficient. Carving out large chunks of industry and commerce as state-run establishments under the socialist structure that our nation’s leaders outlined seemed like the best way forward. And now, 60 years later, we are still following

Landmark GST Bill Opens India to a Common Market System

Landmark GST Bill Opens India to a Common Market System

Posted by: on Aug 20, 2016 | No Comments

Somewhere along the path of errors comes a cumulative benefit. India has passed the much-awaited Goods and Services Tax (GST). The Indian Parliament voted 197 in favour of this bill with none against in the Rajya Sabaha. This bill is being hailed as a landmark tax reform and the biggest since Independence. Under the new bill, the existing system of Value Added Tax (VAT)

Apple vs the FBI – A Case of Privacy vs Security

Apple vs the FBI – A Case of Privacy vs Security

Posted by: on Mar 16, 2016 | No Comments

On December 2, 2015, two terrorists, Syed Rizwan Farook and his wife Tashfeen Malik, killed 14 people and injured 22 others in the city of San Bernardino, California. The couple were shot dead by the police in a shootout following a chase.

A Constitutional Monarchy that is a Free Market – The Paradox of Bahrain

A Constitutional Monarchy that is a Free Market – The Paradox of Bahrain

Posted by: on Dec 26, 2015 | One Comment

The kingdom of Bahrain is no more than an archipelago consisting of thirty islands in the Persian Gulf. However, when it comes to liberalism of economy, it surprisingly leads most countries of the world. The 2015 Index of Economic

Dr. Roy Spencer: The Meteorologist Who is a Free Market Thinker

Dr. Roy Spencer: The Meteorologist Who is a Free Market Thinker

Posted by: on Nov 26, 2015 | No Comments

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

Bryan Caplan: The Man Who Made Economics Cool

Bryan Caplan: The Man Who Made Economics Cool

Posted by: on Oct 15, 2015 | No Comments

This young professor of Economics at George Mason University and Senior Scholar at Mercatus Center is not afraid to brandish his ideas in circles outside academia. While he may not be as prolific as many traditional academicians, his

Atlantic City Casinos in Peril: Will Governor Christie Come to the Rescue?

Atlantic City Casinos in Peril: Will Governor Christie Come to the Rescue?

Posted by: on Sep 28, 2015 | No Comments

With four out of the 12 casinos in Atlantic City shutting down in the last eighteen months, Wall Street gas been speculating about what these changes indicate. Some believe that the market is right sizing, since the demand for

If Reagan, Thatcher and Modi were to Meet…

If Reagan, Thatcher and Modi were to Meet…

Posted by: on Sep 14, 2015 | No Comments

There is a lot of speculation about how Narendra Modi is the Indian Ronald Regan, or in some other circles, the Indian Margaret Thatcher. While the comparisons are not unfounded, the three have distinct personalities and distinct

Macau Revenues Plummet

Macau Revenues Plummet

Posted by: on Aug 5, 2015 | No Comments

After a resounding success in the financial year of 2013, wherein the Macau casino market drew in a single year record revenue of $45.2 million, 2014 witnessed a slowdown that gave way to a plunge in 2015. The first significant dip was in October 2014,

Top 3 Pro Capitalist Hollywood Movies

Top 3 Pro Capitalist Hollywood Movies

Posted by: on Dec 5, 2014 | No Comments

Over the years, a number of movies have revolved around capitalism, system stability and economic crisis. There are an even greater number of documentaries