Can Casinos Boost the Economic Growth of Our Nation?
Sri Lanka plans to introduce new laws this year to attract investments from casinos and hotel chains abroad. While Sri Lanka already has a thriving local casino industry, the government believes that laws permitting foreign investment in gaming will stabilize the sector
Will Free Markets Ruin Society?
I am a staunch believer in free markets. But that isn’t reason enough for you to be convinced. Let’s instead consider a recent study in this field. Let us consider what some experts have to say regarding whether free markets will ruin society:
Can India Ever be Free of Corruption?
‘Trial Opens in Indian Telecoms Case’
‘Graft Scandal Hits Indian Opposition’
Are these the newspaper headlines we
Trade and Prosperity: Where Does India Stand?
Economic Growth and prosperity have always been measured by the values and volumes of international trade. Both exports and imports are critical to economic development and prosperity. Exports bring in the much-needed foreign exchange and earnings into
Is India Truly Shining?
Is India doing well? This question is often asked, as to which the answer typically is that India is not merely doing well, it is in fact shining. India is the fourth largest economy in the world in terms of GDP. She is behind only the US, China
Zero Tolerance for Corruption
The number 1 topic of discussion these days is corruption. Will putting people in jail solve the problem? Is it even the right thing to do? NO.
De-Regulate to Save Lives
It is a principle in economics that if prices of a product are reduced their demand increases. As regulations are ‘free’ and people who advocate or bring in regulations do not bear their costs, it is virtually certain that the demand for government
Smoking, Drinking, Gambling and the Government
There are plenty of people in this world who are involved in smoking, drinking or gambling or maybe all of them together. What chance does the government have of stopping activities which in spite of their harmful effects are being followed by an overwhelming
Education in Indian Government Institutions
Can students taking admission in government institutions receive education free from the influence of political parties? This is very difficult especially in a country like India.
Las Vegas: What Makes it Click With Businessmen?
Las Vegas has very quickly transformed itself from being called the ‘Sin City’ to one of the most sought after destination for family vacations and business conferences. What can stop it? Las Vegas has it all – accommodation with dozens of hotels having 5,000
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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