Archive for Parth J. Shah

The Persistence of Poverty in India: Culture or System?

The recent death of Mother Teresa drew the world’s attention to the dire poverty of Calcutta and of India in general. Mother Teresa ministered to the poorest of a very poor country where asceticism, antimaterialism, and fatalism are integral to the majority religion, Hinduism. For those who follow these beliefs, any effort toward changing the [...]

1Mar1998 | Parth J. Shah | 3 comments | Continued

Bank Deregulation and Monetary Order by George Selgin

Routledge • 1996 • 288 pages • $69.95 Parth Shah is an economics professor and president of the Center for Civil Society, New Delhi, India. The classical gold standard is generally considered to be the only monetary system consistent with the principles of laissez faire. In that system, the currency issued by the government is [...]

1Dec1997 | Parth J. Shah | 0 comments | Continued
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