Moral Hazard and the Global Financial Crisis

Moral Hazard and the Global Financial Crisis

Posted by: on Apr 7, 2016 | No Comments

Competition produces efficient outcomes when certain conditions hold. One of these is that all the agents involved have all the information that they need. However, in the real world, one often observes asymmetric information; the existence of asymmetric

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.

Will the Gaming Votes Initiative be a Game Changer?

Will the Gaming Votes Initiative be a Game Changer?

Posted by: on Dec 5, 2015 | No Comments

Americans will elect their 45th President on November 8, 2016. Other than the fact that a casino magnate is the early Republican frontrunner in the polls, there has been another unique feature of this election, in favour of the gaming

Donald Trump: From Casino Magnate to Presidential Candidate

Donald Trump: From Casino Magnate to Presidential Candidate

Posted by: on Sep 14, 2015 | No Comments

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

The Garden State to See a New Casino

The Garden State to See a New Casino

Posted by: on Jul 7, 2015 | No Comments

According to a report by the Associated Press on May 26, 2015, a new casino is said to open in New Jersey, outside the limits of Atlantic City.

Sheldon Richman: His Beliefs and Contributions

Sheldon Richman: His Beliefs and Contributions

Posted by: on Nov 19, 2014 | No Comments

An American writer, Sheldon Richman, is the vice president of The Future of Freedom Foundation (FFF) as well as the editor of the monthly journal of the FFF,

Being a Billionaire: Warren Buffett

Being a Billionaire: Warren Buffett

Posted by: on Nov 7, 2014 | No Comments

“The free market’s the best mechanism ever devised to put resources to their most efficient and productive use…”

~ Warren Buffett, to President Barack Obama

Discovering Ayn Rand: American Novelist and Philosopher

Discovering Ayn Rand: American Novelist and Philosopher

Posted by: on Aug 13, 2014 | No Comments

“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).

Reaganomics: The Life and Economics of Ronald Reagan

Reaganomics: The Life and Economics of Ronald Reagan

Posted by: on Jul 16, 2014 | No Comments

“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

Democracy after Capitalism or Capitalism after Democracy?

Posted by: on Apr 4, 2012 | One Comment

Democracy after Capitalism or Capitalism after Democracy? Does the order really matter? This is a question I have always wondered about. Democracy and capitalism have always been thought in the same light. Irrespective of the order, the very coexistence