What Lies in Store for the Indian Economy?

What Lies in Store for the Indian Economy?

Posted by: on Jan 22, 2016 | No Comments

In an interview with Indian Express, in November 2015, Finance Minister Arun Jaitley said, “The biggest strength of India and the silver lining is its resilience. Our systematic firewalls have to be such that the ability to resist the

Dr. Roy Spencer: The Meteorologist Who is a Free Market Thinker

Dr. Roy Spencer: The Meteorologist Who is a Free Market Thinker

Posted by: on Nov 26, 2015 | No Comments

It is rare to come across a person who is as diverse as Roy Spencer. He describes himself as a climatologist, author and a former NASA scientist. Other than his many contributions academically, he is also attributed with many memorable

Bryan Caplan: The Man Who Made Economics Cool

Bryan Caplan: The Man Who Made Economics Cool

Posted by: on Oct 15, 2015 | No Comments

This young professor of Economics at George Mason University and Senior Scholar at Mercatus Center is not afraid to brandish his ideas in circles outside academia. While he may not be as prolific as many traditional academicians, his

Implications of Legalizing Casinos in Israel

Implications of Legalizing Casinos in Israel

Posted by: on Oct 10, 2015 | No Comments

Yariv Levin, Israel’s Tourism Minister, confirmed on September 23, 2015, while speaking on national radio that there is indeed a proposal, backed by Prime Minister Binyamin Netanyahu, to legalize casinos on mainland Israel at last.

Free Market Advocacy Think Tanks in India

Free Market Advocacy Think Tanks in India

Posted by: on Sep 21, 2015 | No Comments

Free market thinkers could be largely categorized into three distinct types – Anarchists, Minarchists and Minimaxes, representing varying degrees of government control. The Anarchists, as evident from the name, believe in zero intervention

Free Market Thinkers who Won the Sveriges Riksbank Prize in Economic Sciences

Free Market Thinkers who Won the Sveriges Riksbank Prize in Economic Sciences

Posted by: on Sep 7, 2015 | No Comments

In The Making of Modern Economics: The Lives and Ideas of Great Thinkers, Mark Skousen, the esteemed economic analyst, stated that the Swedes mostly rewarded free-market economists. The Swedish Central Bank started the Prize

Taxes Impede the Transformative Project to Build a Binghamton Casino

Taxes Impede the Transformative Project to Build a Binghamton Casino

Posted by: on Jul 21, 2015 | No Comments

Albany area financier Jeffrey Hyman had received unanimous support from the Binghamton council for his proposal for the Southern Tier Star Casino and Conference Center. This proposal was to compete in the bidding process run by

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

On Joseph Schumpeter’s Idea of Creative Destruction

On Joseph Schumpeter’s Idea of Creative Destruction

Posted by: on Apr 29, 2015 | No Comments

Creative destruction refers to the continuous product and process innovation mechanism by which new units of production replace outdated ones.

What Power does the Free Market Hold?

What Power does the Free Market Hold?

Posted by: on Mar 16, 2015 | No Comments

“Our society is what we make it. We can shape our institutions,” says Milton Freidman in his book, Free to Choose.