Are Casinos of Interest to New Millennials?
Gaming might be a popular activity on a mobile device or phone but for some years, the gaming industry has been looking at a bleaker picture when it comes to footfalls in halls, casinos and other physical venues. The American Gaming Association,
Are Casinos Really Accessible to All?
Free markets and healthcare are unlikely bedfellows, if you look at the traditional dichotomy between these two. One issue that comes up is that of barriers to accessibility that take different guises. While the ancient Latin proverb, ‘Caveat emptor’
The Road to Serfdom is Paved with Good Intentions
The Road to Serfdom is a singularly influential book published in 1944. The book was written by the Nobel Prize-winning economist Friedrich Hayek and is probably the single most popular book on economic theory to be read and known, thanks to the Reader’s
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,
Cracking the American Lottery (and Admitting it)!
In America, lotteries are as old as history. It was a lottery that provided the much needed funds for everything from the establishment of the colonies to railroad construction and for universities such as Yale and Harvard. In fact, currently 5% of the money used for state education comes from lottery revenue earned by the government. The first
Michael Shackleford: Meet the Wizard of Odds
Before we meet the Wizard of Odds, let’s take a short look at the yellow brick road that is paved by mathematics and economics on one side and gambling and gaming theory on the other side. Mathematics and gambling are intertwined; however, mathematics is considered a much more socially acceptable field
Part II: Canadian Gambling Takes Two Steps Forward, One Step Back (As Always)
Quebec’s Parochial (Knee-Jerk) Reaction
It’s true that most governments need a lot of hand-holding before they get their
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 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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