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,
Ever Hear of a Racino?
Horseracing and casino gambling are related activities that often appeal to a similar strata of society. This has gone on to build a bridge between casinos and racing,
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
The Evolution of Modern Gambling
If we ever needed evidence that gambling has been a part of our ethos since time immemorial, all we need to do is look into the Mahabharata. This is only one of the ancient
The Life and Works of Milton Friedman
Milton Friedman headed the Chicago School of Economics, and was the honoured recipient of the Nobel Prize in Economic Sciences in 1976. This American economist
Macau: New Chip off the Old Block
The former Portuguese colony, set against the seas of south China, already has its own take on picturesque Venice, blended perfectly with the pomp and splendour of Las Vegas.
Book Review: Economics Does Not Lie by Guy Sorman
Guy Sorman makes a persuasive argument that the free market system has indeed led to an improvement in the living standards of “millions,” in his book Economics Does Not Lie,
How Far is India from a Free Market?
The year 1947 saw India in new light, and a free India was born. But this new India faced a serious challenge of stabilising its economy. The nation had just taken a beating from the Second World War
A Walk Through the New Age of Casinos
On July 28, 2014, the Japanese stock exchange, the Nikkei, closed at a six month high. This buoyed the hopes for growth in domestic corporate earnings. Casino related businesses in Tokyo predicted that this could encourage the country to allow new casinos,
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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