Covid-19 Pandemic: The Hidden Story
On March 24, the Government of India ordered a nationwide lockdown, restricting 1.3 billion people from traveling to their workplaces in the face of the coronavirus outbreak. The lockdown, which was initially planned for 21 ways was later extended till May 31. Before
Is it Time to Give Up Our Freedom?
When we see a majestic lion sitting idly inside a cage in the zoo, we can’t help but feel sorry. Afterall, every living creature deserves to be free. Yes, life will be harsh in the wild, with a myriad of threats to its very survival. But
The King of Casinos is No More. Long Live the King.
The “King of Gambling” and the “Godfather of Macau,” Stanley Ho, passed away on May 26, 2020, at the age of 98. Ho is credited with transforming the sleepy town of Macau into the most popular gambling destination in the world, ahead of even
Casino Hubs to Visit after the Coronavirus Crisis
Despite the surge in online gambling, the global casino industry remains a huge enterprise. Before the COVID-19 crisis came into the picture, the industry was touted to reach $525 billion by 2023, growing at a CAGR of approximately 4%
Could 2020 Be the Year for Online Casinos?
The global casino industry, which thrives on tourism and large groups of people in close proximity, has been hit hard by the COVID-19 crisis. The first 4 months of 2020 could be the worst on record for Macau’s casino operators, with
Can Government Intervention Help Economies Fight the COVID-19 Crisis? (Part 2)
Read the first article of this series here.
Businesses have always felt stifled by government regulations. A little more in some countries and a little
Can Government Intervention Help Economies Fight the COVID-19 Crisis? (Part 1)
The coronavirus pandemic is a human tragedy, given its high death toll. But this deadly virus has infected more than human health. It threatens to send the global economy spiraling into a recession.
What India Can Do to Prevent its Economy from Becoming a Casualty of the Coronavirus
Coronavirus is officially a pandemic. The outbreak, which originated in China, is tragic. While its impact on health and life is a major concern, its impact on the global economy could continue to be felt long after this novel virus
Is India Beginning to Recognise the Power of the Invisible Hand?
The Indian Economic Survey was released in January as a prelude to the Union Budget for 2020. In the report, Chief Economic Advisor (CEA) Krishnamurthy Subramanian has suggested several solutions to boost the Indian economy. This comes in highly challenging
Global Casino Industry Grapples with Geo-Political Pressures
A combination of global developments is proving costly for the casino industry. Coronavirus or Covid-19, a deadly virus has taken global centre stage, disrupting trade, supply-chains, tourism, business activities and even cultural events. The number of infected people has surpassed 126,000
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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