Currency Ban, Beef Ban, Alcohol Ban. Doing Business in the Current Indian Environment
“Ban” seems to be the buzzword in India right now. One would have imagined a widespread uproar against the recent initiatives being taken. After all, Indians are fiercely free willed. On the contrary, the sentiment
James Packer: A Crown Jewel of the Casino Business
Let’s say Hello to the Ninth Richest Australian of 2017, James Packer!
With a net worth of US$3.9 billion, Packer has made a name for himself in the gaming and entertainment business by launching Crown Resorts Limited.
Don’t Miss Rakesh Wadhwa Speaking at Freedom Fest 2017
Businessman and economist, Rakesh Wadhwa has been invited to speak at FreedomFest, scheduled for July 19-22, 2017. The event will mark the 10th anniversary of FreedomFest and will
India, The Third World
Should India subscribe to free market principles? Can India overtake the US? Here are some quotes from my book: India, The Third World.
Are Casinos of Interest to New Millennials? (Part Two)
Having seen the crossroads of technology and gambling, the question arises: Which is the path best taken to bring back the younger generation to casinos.
According to the Applied Analysis for the Association
Are Casinos of Interest to New Millennials?
Gaming might be a popular activity on a mobile device or phone but for some years, the gaming industry has been looking at a bleaker picture when it comes to footfalls in halls, casinos and other physical venues. The American Gaming Association,
Are Casinos Really Accessible to All?
Free markets and healthcare are unlikely bedfellows, if you look at the traditional dichotomy between these two. One issue that comes up is that of barriers to accessibility that take different guises. While the ancient Latin proverb, ‘Caveat emptor’
The Road to Serfdom is Paved with Good Intentions
The Road to Serfdom is a singularly influential book published in 1944. The book was written by the Nobel Prize-winning economist Friedrich Hayek and is probably the single most popular book on economic theory to be read and known, thanks to the Reader’s
Prohibition: Archaic Remedy That Failed (Part 4)
Read Part 1, Part 2 and Part 3 of this series of articles.
What goes around, comes around and the buck stops only when the head understands the cost of doing things without a long-term vision and in the absence of a rather basic respect for the rights of others. Just as the US government had
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.
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