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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
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,
Step Aside, Bureaucrats, And Make Way for Progress
We have seen markets fail, right? Some are quick to site such instances and proclaim the benefits of government regulation. However, government failure is often hidden and only a handful of people seem to be
Where is the Indian Economy Headed in 2019?
With major publications, including Forbes, warning of a coming recession in 2019, the ancient Chinese curse seems to be coming true – May you live in interesting times. And, what an interesting time it is especially for India, given that all
What it Takes to Be a Successful Entrepreneur in India
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Can India Hold Her Position as the World’s Fastest Growing Economy?
The Indian economy grew at an impressive rate of 7.7% during the fourth quarter (January to March 2018). India’s GDP growth surged past China’s 6.8% growth recorded for the same quarter.
For FY18 (fiscal year ended March 31, 2018), India’s growth
India Achieves its Highest Ever Score on the Index of Economic Freedom
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Daniel Kahneman: The Psychologist who won a Nobel Prize for Economics
Daniel Kahneman and his colleague Amos Tversky studied human behaviour when faced with uncertainty and risk, and came up with groundbreaking results; primarily, that human beings are not necessarily the rational agents of economic theory. Daniel Kahneman
Michigan’s Gun Lake Casino to Double its Size with a $76 Million Expansion
The Gun Lake Casino in Wayland, Michigan has announced a $76 million expansion plan that is expected to nearly double its size. Ed Pigeon, vice chairman of the Gun Lake Tribal Gaming Authority Board said in a news release on January 7, 2016,
MGM Resorts International Delays Opening of New Macau Resort to 2017
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,
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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