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
What Does No-Deal Brexit Really Mean for Businesses?
Brexit, a termed coined to denote the exit of Britain from the European Union, is scheduled for March 29, 2019. The decision to leave the EU was made with the meagre majority of merely 51.9% voting in favor of this move. And
Brexit: The Biggest Political Betting Event So Far
The initial surprise over Brexit led to an outbreak of political betting. Coming close on the heels of the landmark Britain’s Leave Campaign was a flurry of activity aimed at either conserving wealth or an attempt to create wealth over the outcome of
Moral Hazard and the Global Financial Crisis
Competition produces efficient outcomes when certain conditions hold. One of these is that all the agents involved have all the information that they need. However, in the real world, one often observes asymmetric information; the existence of asymmetric
Who is Julian Le Grand?
Sir Julian Ernest Michael Le Grand is a name well known amongst the intellectuals of the United Kingdom. However, he is not just a man who is known among other men of letters. He is just as popularly known among socially aware citizens due to his
Gambling at Holland Casinos
The influence of gambling and casinos on the inflow of tourists and foreign currency into a country cannot be overstated. There are 14 casinos scattered throughout
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.
What the readers are saying…