Construction Underway on 3 New Casinos in New York State
Construction is underway on three new casinos in New York State, after the New York State Gaming Commission granted licenses for three lavish resort casinos across New York State in December 2015. The resorts are the Montreign Casino and Raceway,
Donald Trump: American Dream Coming True?
Donald Trump has been referring to the American Dream being over. And, of course, about how he would play an instrumental, as President, in reviving this dream. I wonder if Donald Trump actually understands the American Dream, and whether his policies are in synch
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
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.
Will the Gaming Votes Initiative be a Game Changer?
Americans will elect their 45th President on November 8, 2016. Other than the fact that a casino magnate is the early Republican frontrunner in the polls, there has been another unique feature of this election, in favour of the gaming
Donald Trump: From Casino Magnate to Presidential Candidate
Donald Trump came to be known all over the world for his sardonic humor and his magnetic personality when he starred in the famous television show, The Apprentice. Having first aired in 2004, the show ran for 14 seasons in two formats, The
The Garden State to See a New Casino
According to a report by the Associated Press on May 26, 2015, a new casino is said to open in New Jersey, outside the limits of Atlantic City.
Sheldon Richman: His Beliefs and Contributions
An American writer, Sheldon Richman, is the vice president of The Future of Freedom Foundation (FFF) as well as the editor of the monthly journal of the FFF,
Being a Billionaire: Warren Buffett
“The free market’s the best mechanism ever devised to put resources to their most efficient and productive use…”
~ Warren Buffett, to President Barack Obama
Discovering Ayn Rand: American Novelist and Philosopher
“The question isn’t who is going to let me; it’s who is going to stop me.”
~ Ayn Rand
Ayn Rand is best known for her novels, The Fountainhead (1943) and Atlas Shrugged (1957).
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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