What it Takes to Be a Successful Entrepreneur in India
India stands at an interesting juncture. As entrepreneurs, we can rejoice the fact that the country has a huge working-age population. This not only presents businesses with a strong consumer base, but also with a large pool of educated
Can India Hold Her Position as the World’s Fastest Growing Economy?
The Indian economy grew at an impressive rate of 7.7% during the fourth quarter (January to March 2018). India’s GDP growth surged past China’s 6.8% growth recorded for the same quarter.
For FY18 (fiscal year ended March 31, 2018), India’s growth
Trump’s America Takes One Step Forward, Two Steps Back
The US has imposed 25% tariffs on Chinese imports worth $34 billion. Beijing immediately retaliated with tariffs on $34 billion worth of US imports. The Trump administration is working on a second wave of tariffs on Chinese goods
Will Trumponomics Drive America into Another Recession?
The Trump economy received an “important endorsement” from Fed Chairman Jay Power, who said, “The US economy is in great shape…Most people who want to find jobs are finding them,” said an article published by Yahoo Finance on June
The Recent Rollercoaster Ride of Macau’s Gaming Industry
Macau’s gaming industry has finally started gaining momentum, after two long years of struggle. China’s gambling hub had been a raging success story. In fact, it rapidly overtook Las Vegas to become the world’s most profitable gambling city
Japan is Betting High on Casinos for Economic Growth
For nearly a decade, Japan’s political stance on casinos resembled Newton’s Cradle. After years of deliberations, the country finally seems to be moving forward to opening its economy for the
Will Some Countries Continue to be Poor?
More than 8% of the world population live in “extreme poverty”, according to figures reported by the Federal Ministry for Economic Cooperation and Development. Does that sound like
Don’t Miss Rakesh Wadhwa Speaking at FreedomFest 2018
Businessman and economist, Rakesh Wadhwa has been invited to speak at FreedomFest, scheduled for July 11 – 14, 2018. The event will be hosted in Paris Resort at Las Vegas, California, USA.
Free to Flourish – II
Regulators are baffled. Governments have no idea how to tame this one. And, the market is flourishing. I’m talking about ICOs, or initial coin offering, a novel way for businesses to raise funds for their innovative ideas
Free to Flourish
Regulators are baffled. Governments have no idea how to tame this one. And, the market is flourishing. I’m talking about ICOs, or initial coin offering, a novel way for businesses to raise funds for their innovative
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.
What the readers are saying…