One Government Misstep Can Cause a Great Leap Backward for an Economy

One Government Misstep Can Cause a Great Leap Backward for an Economy


President of the Philippines Rodrigo Duterte has once again decided to crack down on the country’s gambling industry. Earlier this year, Macau’s Galaxy Entertainment Group was made to “convince” President Duterte of

Trump’s America Takes One Step Forward, Two Steps Back

Trump’s America Takes One Step Forward, Two Steps Back

Posted by: on Jul 9, 2018 | No Comments

The US has imposed 25% tariffs on Chinese imports worth $34 billion. Beijing immediately retaliated with tariffs on $34 billion worth of US imports. The Trump administration is working on a second wave of tariffs on Chinese goods

Will Trumponomics Drive America into Another Recession?

Will Trumponomics Drive America into Another Recession?

Posted by: on Jul 2, 2018 | No Comments

The Trump economy received an “important endorsement” from Fed Chairman Jay Power, who said, “The US economy is in great shape…Most people who want to find jobs are finding them,” said an article published by Yahoo Finance on June

The Recent Rollercoaster Ride of Macau’s Gaming Industry

The Recent Rollercoaster Ride of Macau’s Gaming Industry

Posted by: on Jun 25, 2018 | No Comments

Macau’s gaming industry has finally started gaining momentum, after two long years of struggle. China’s gambling hub had been a raging success story. In fact, it rapidly overtook Las Vegas to become the world’s most profitable gambling city

Japan is Betting High on Casinos for Economic Growth

Japan is Betting High on Casinos for Economic Growth

Posted by: on Jun 4, 2018 | No Comments

For nearly a decade, Japan’s political stance on casinos resembled Newton’s Cradle. After years of deliberations, the country finally seems to be moving forward to opening its economy for the

Will Some Countries Continue to be Poor?

Will Some Countries Continue to be Poor?

Posted by: on Apr 17, 2018 | No Comments

More than 8% of the world population live in “extreme poverty”, according to figures reported by the Federal Ministry for Economic Cooperation and Development. Does that sound like

Don’t Miss Rakesh Wadhwa Speaking at FreedomFest 2018

Don’t Miss Rakesh Wadhwa Speaking at FreedomFest 2018

Posted by: on Apr 10, 2018 | No Comments

Businessman and economist, Rakesh Wadhwa has been invited to speak at FreedomFest, scheduled for July 11 – 14, 2018. The event will be hosted in Paris Resort at Las Vegas, California, USA.

Free to Flourish – II

Free to Flourish – II

Posted by: on Mar 9, 2018 | No Comments

Regulators are baffled. Governments have no idea how to tame this one. And, the market is flourishing. I’m talking about ICOs, or initial coin offering, a novel way for businesses to raise funds for their innovative ideas

Free to Flourish

Free to Flourish

Posted by: on Mar 1, 2018 | No Comments

Regulators are baffled. Governments have no idea how to tame this one. And, the market is flourishing. I’m talking about ICOs, or initial coin offering, a novel way for businesses to raise funds for their innovative

India’s Rank Improves in the Human Freedom Index; But Still a Long Way to Go

India’s Rank Improves in the Human Freedom Index; But Still a Long Way to Go

Posted by: on Feb 7, 2018 | No Comments

Do you enjoy freedom in your country? The term “freedom” is so vast and relative that you may not have a definite “yes” or “no” answer. Well, you don’t need to wonder. The latest Human Freedom Index (HFI) report of 2017