Prohibition: Archaic Remedy That Failed (Part 3)

Prohibition: Archaic Remedy That Failed (Part 3)

Posted by: on Oct 21, 2016 | No Comments

Read Part 1 and Part 2 of this series of articles.

Prohibition of alcohol has proved to be a failed experiment a hundred years ago in the US. The biggest case against prohibition is the 13-year ban enforced in the US. You must keep in mind that pre-prohibition crime rates in the US

Prohibition: Archaic Remedy That Failed (Part 2)

Prohibition: Archaic Remedy That Failed (Part 2)

Posted by: on Oct 14, 2016 | No Comments

Read the first article of this series here.

Prohibition has been rejected by even the World Health Organization as a failed effort. However, India remains one of the few countries that

Prohibition: Archaic Remedy That Failed (Part 1)

Prohibition: Archaic Remedy That Failed (Part 1)

Posted by: on Oct 7, 2016 | No Comments

Definitely, the Government imagines that handholding a nation of 1.252 billion will teach our multitudes the discretionary wisdom to judge right from wrong. Strangely, when looked at in entirety, one wonders if it is the Government that needs handholding to help it understand the cockamamie ideas,

MGM Resorts International Delays Opening of New Macau Resort to 2017

MGM Resorts International Delays Opening of New Macau Resort to 2017

Posted by: on Mar 23, 2016 | No Comments

MGM Resorts International has decided to delay the opening of its new resort in the Cotai district of Macau, due to gloomy market conditions. Gross gambling revenues in Macau fell 34% in 2015, to a five-year low of $28.8 billion from a year ago,

Visa Restrictions from China Sharply Hit Macau’s Growth

Visa Restrictions from China Sharply Hit Macau’s Growth

Posted by: on May 6, 2015 | No Comments

Macau’s growth has been sharply hit as anti-corruption regulations in China, along with a ban on smoking in the Macau casinos and visa restrictions for gambling in Macau

Free the People, Control the Government: A Lesson from Hong Kong

Posted by: on Jun 29, 2012 | No Comments

It is often believed that countries that are small are easy to govern. It is also believed that high population impedes economic development. There is one nation that shattered these popular beliefs… Hong Kong!

The $1.5 Trillion That Could Have Been Ours

Posted by: on Apr 17, 2012 | One Comment

From being an economic powerhouse of the Middle Ages to a third world country in the 21st century, India has surely come a long way… BACK, that is. And it is not without reason that corruption is regarded as the harbinger of poverty in the country. Sample this: In 2006, a Swiss Banking Association Report said that “India has more black money than the rest of the world combined.” Unofficial reports estimate the total sum to be more that a whopping $1,456 billion in black money in Swiss banks. The question to ask is why Indian money goes to the Swiss and not the other way round.

Can India Ever Progress?

Posted by: on Apr 5, 2012 | One Comment

“Dinesh Trivedi’s budget has caused a political storm, after…Trinamool Congress asked him to withdraw the hike or quit…The Trinamool Congress, termed across-the-board passenger fare hikes as a ‘hostile act’.”– Economic Times, March 15, 2012

Can Free Markets Battle Corruption?

Posted by: on Feb 5, 2012 | 4 Comments

When Alexander the Great visited the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: ‘Yes, stand a little less between me and the sun.’ It is what every citizen is entitled to ask of his government.

Are Indians Inherently Corrupt?

Posted by: on Jan 20, 2012 | 3 Comments

CWG scam… NRHM scam… Adarsh Housing Society scam… Kargil Coffin scam… Bofors scandal… and the list continues!!