Step Aside, Bureaucrats, And Make Way for Progress
We have seen markets fail, right? Some are quick to site such instances and proclaim the benefits of government regulation. However, government failure is often hidden and only a handful of people seem to be
What Lies in Store for the Global Casino Industry in 2019?
Revenues of the global casino market is predicted to rise to more than $525 billion by 2023, growing at a CAGR of about 4% during 2017-2023, according to the Gambling Market – Global Outlook and Forecast
Where is the Indian Economy Headed in 2019?
With major publications, including Forbes, warning of a coming recession in 2019, the ancient Chinese curse seems to be coming true – May you live in interesting times. And, what an interesting time it is especially for India, given that all
What Does No-Deal Brexit Really Mean for Businesses?
Brexit, a termed coined to denote the exit of Britain from the European Union, is scheduled for March 29, 2019. The decision to leave the EU was made with the meagre majority of merely 51.9% voting in favor of this move. And
One Government Misstep Can Cause a Great Leap Backward for an Economy
President of the Philippines Rodrigo Duterte has once again decided to crack down on the country’s gambling industry. Earlier this year, Macau’s Galaxy Entertainment Group was made to “convince” President Duterte of
Inside Global Gaming Expo 2018
In October every year, gaming manufactures, operators, players and other stakeholders of the gaming fraternity gather in Las Vegas, Nevada to attend the Global Gaming Expo (G2E). The event is organized by the American Gaming
When Will India’s Aviation Industry Soar?
India’s civil aviation industry has come into the spotlight. It is among the fastest growing industries in the country, and India is poised to become the world’s third largest aviation market by 2024.
Petrol and Diesel Prices in India: A Slippery History and a Fiery Road Ahead
The Indian Government had for several decades controlled the prices of various petroleum products. Under the pretext of “the larger good”, the government had supposedly subsidized the prices of the most important petroleum products, like
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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