Prohibition: Archaic Remedy That Failed (Part 4)
Read Part 1, Part 2 and Part 3 of this series of articles.
What goes around, comes around and the buck stops only when the head understands the cost of doing things without a long-term vision and in the absence of a rather basic respect for the rights of others. Just as the US government had
Prohibition: Archaic Remedy That Failed (Part 3)
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)
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)
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,
Apple vs the FBI – A Case of Privacy vs Security
On December 2, 2015, two terrorists, Syed Rizwan Farook and his wife Tashfeen Malik, killed 14 people and injured 22 others in the city of San Bernardino, California. The couple were shot dead by the police in a shootout following a chase.
Atlantic City Casinos in Peril: Will Governor Christie Come to the Rescue?
With four out of the 12 casinos in Atlantic City shutting down in the last eighteen months, Wall Street gas been speculating about what these changes indicate. Some believe that the market is right sizing, since the demand for
Where Does the Future of the Casino Industry Lie?
“Online gambling is ‘fool’s gold.’ Whether it is full casino gaming, poker only, or anything in between – this is a societal train wreck waiting to happen.” This is what Sheldon Adelson, Chairman and CEO of the largest gaming company in the world, Las Vegas Sands, had to say to Forbes Magazine in June 2013.
Dr. BR Ambedkar: A Free Market Economist at Heart
“Ambedkar is my Father in Economics. He is true celebrated champion of the underprivileged. He deserves more than what he has achieved today. However he was highly controversial figure in his home country, though it was not the reality.
Prof. B.R. Shenoy: India’s Free Market Visionary
The birth of a nation represents sheer potential. Potential in terms of an unwritten future, that could go in any direction. The blank pages of history wait to be filled… with overlying goals, structure and the freedom to decide how to achieve the goals. When India became independent, it was faced with three economic models.
Online Gaming: Time to Give it its Due!
In the first part of this article, which you can read here, we discussed the hurdles that online gaming and its legal status have witnessed worldwide. While the size of the widely popular gambling form is difficult to measure, there are a few ways in which the necessary change can be brought about. In this section, we will talk about those factors that can usher in some positive developments in this regard.
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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