Brexit: In the Name of Freedom, Is Britain Choosing an Increase in Regulations?
Is it a coincidence that Brexit is slated for Halloween? Or have they chosen the date appropriately to warn UK citizens of how scary it’s going to be? There is no simple answer anymore, to this snowballing dilemma. But here’s a look at why this was doomed to be a huge mess right
Can the Casino Industry Help Revive the Greek Economy?
The Greek city of Athens is witnessing an investor boom, with the construction of hip new hotels from leading names dotting the skyline. After plunging more than 40% in 2010, property prices are gradually trending upward, and stability is returning. This
The Global Sugar Industry Needs a Free Market System to Flourish
The global sugar industry is expected to grow at a compounded rate of 2.9%, from around $75.6 billion in 2018 to cross $89 billion in 2024, according to a report by ResearchAndMarkets.com. Although there is no dearth of global demand for sweetened
Global Casino Giants Looking to Get a Slice of Japan’s IR Market
Over the past few years, Asian markets have become prominent hubs of the Integrated Resort (IR) business model. IRs are complex resorts offering diverse leisure activities, right from huge hotels to entertainment facilities like fun shows, shopping malls,
Could the Launch of African Continental Free Trade Area (AfCFTA) Deal Usher in a New Economic Era?
Brexit has been grabbing the headlines and all our attention. There’s a lot being said practically every day about the repercussions of ending free movement of labor. And, there are speculations around restrictions to the
A Booming Macau Casino Industry Contributing to Surge in US Stocks
The Chinese casino and gaming industry has seen tremendous growth and increasing popularity over the years. Macau already outpaced Las Vegas in terms of gaming revenue way back in 2010. It is the only destination in Greater China (which consists of China,
Brexit Curbs Freedom of Movement: What’s the Economic Impact?
For years, people in the UK have been fed a steady stream of media stories and statements by politicians regarding the dangers of unrestricted migration. So much so that most people believe migration from the EU into the UK is
The Eldorado-Caesars Deal: Changing Landscape of the US Casino Industry
The US casino industry suffered serious setbacks during the 2008 financial crisis. Revenues plummeted almost
From Vegas to Vancouver: Free Minds Across the World Get Together to Strive for Free Markets
It’s human nature. The more we’re restricted from doing something, the more we want to do it. It’s the same with government regulations. When governments
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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