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
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
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
Free Market Thinker Rakesh Wadhwa to Speak at Capitalism & Morality 2019
On August 3, 2019, some of the finest minds would be getting together in Vancouver to discuss the philosophy of freedom and liberty. This annual event brings together thinktanks and leaders from across the globe to meet and share their ideas.
When Will India’s Aviation Industry Soar?
India’s civil aviation industry has come into the spotlight. It is among the fastest growing industries in the country, and India is poised to become the world’s third largest aviation market by 2024.
Japan is Betting High on Casinos for Economic Growth
For nearly a decade, Japan’s political stance on casinos resembled Newton’s Cradle. After years of deliberations, the country finally seems to be moving forward to opening its economy for the
Will Some Countries Continue to be Poor?
More than 8% of the world population live in “extreme poverty”, according to figures reported by the Federal Ministry for Economic Cooperation and Development. Does that sound like
Don’t Miss Rakesh Wadhwa Speaking at FreedomFest 2018
Businessman and economist, Rakesh Wadhwa has been invited to speak at FreedomFest, scheduled for July 11 – 14, 2018. The event will be hosted in Paris Resort at Las Vegas, California, USA.
Free to Flourish – II
Regulators are baffled. Governments have no idea how to tame this one. And, the market is flourishing. I’m talking about ICOs, or initial coin offering, a novel way for businesses to raise funds for their innovative ideas
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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