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).
Reaganomics: The Life and Economics of Ronald Reagan
“The American dream is not that every man must be level with every other man. The American dream is that every man must be free to become whatever God intends he should become.”
~ Ronald Reagan
Democracy after Capitalism or Capitalism after Democracy?
Democracy after Capitalism or Capitalism after Democracy? Does the order really matter? This is a question I have always wondered about. Democracy and capitalism have always been thought in the same light. Irrespective of the order, the very coexistence
US Casino Industry Generates $125 Bn in 2010
The Unites States is still reeling under the pressure of a slowdown, they say. The casino industry seems to be telling us a different story altogether. Last year, the US casino industry and industries that depend on them generated $125 billion, according
History of Gambling in the United States
A report of the American Gaming Association stated that 483 commercial casinos in the US gathered revenues of $34.6 billion in 2010. Nevada casinos boasted of $10.4 billion of the total revenue in the same year. Do these figures make you wonder about how and
History of Casinos and Gambling in Nevada
Did you know that gambling in Las Vegas is intricately linked with the Hoover Dam? July 3, 1930 saw President Hoover signing the bill for the establishment of the Boulder Dam (now known as the Hoover Dam). In 1931, when the construction work began, 5,128 workers were
Outsourcing vs. Obama
Barack Obama, the first black President of the United States and Nobel Peace Prize Winner, cuts across an impressive figure – one that inspires many from our generation. His speeches reflect intelligence coupled with idealism. He could very well be the next
Obama and Outsourcing
Barrack Obama is one of the most inspiring figures of our generation. He combines a majestic dignity with a deep immersion in popular culture. His speeches reflect intelligence and idealism. He is the next socialist cultural icon.
The Military Industrial Complex
The US deployment of troops in Afghanistan has raised much ironic press against Nobel Peace Prize winner, Barack Obama. It has also brought back speculation with regards to the US defense budget, specifically money allocated to private production of defense equipment and the supply of this
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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