India’s Rank Improves in the Human Freedom Index; But Still a Long Way to Go
Do you enjoy freedom in your country? The term “freedom” is so vast and relative that you may not have a definite “yes” or “no” answer. Well, you don’t need to wonder. The latest Human Freedom Index (HFI) report of 2017
Continue to Bet on the Global Casino Industry: A Look at 2017 and Expectations for 2018
The global casino industry has staged continued growth for years, even in the face of adversity. Hiccups such as the 2008 housing crisis in the US, Europe’s debt crisis in 2010 and China’s financial crisis in 2017 have been offset
India is on the Brink of Unmatched Growth; What’s Holding It Back?
India is an economy whose time has long come. People were yearning for change and emerged with great hope from the shackles of a lethargic and indecisive government. Although progress has been made in the right direction, there are things that are
Are High Taxes Good for the Economy?
Advocates of high taxes are often heard saying that taxes strengthen the nation by funding essential public utilities (like highways and elementary schooling) that benefit citizens and facilitate businesses. On the other hand, free
Allow FDI, in Retail Too!
The inclination of the Modi government is to open India for foreign investment. It is undeniable that Modi has done a masterful job in selling India, abroad. He has rightfully invited one and all to invest in
This is What Happens When There’s No Government Control
Bitcoin, a decentralized digital currency, has recorded meteoric growth over the past few years. In fact, no other asset in history has ever delivered such phenomenal growth. The reason? This currency is not issued, regulated or controlled by any
Macau’s Casino Industry is Set to Grow in 2018
Following three successive years of decline, Macau’s casino industry is finally looking up, with a good chance of the industry returning to its pre-2014 levels. Revenues at casinos in Macau had begun to slump following President Xi Jinping
Should Gambling be Illegal?
Gambling is an addiction and governments should deem casinos illegal. While many believe in this statement, it is demeaning and ridiculous on so many levels.
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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