PARTH J SHAH

Centre for Civil Society

K-36 Hauz Khas Enclave, New Delhi 110016 Tel: 2653 7456 Fax: 2651 2347
Email: [email protected] Web: www.ccs.in

Degrees
Ph. D. (Economics), Auburn University, Auburn, USA, December 1990
B. Pharm. (Pharmacy), M. S. University, Baroda, India, December 1982

Fields of Interest
Political Economy of Developing Societies, Methodology of Social Sciences, Economics of Privatisation/
Desocialisation, Public Choice, Economics of Education.

Courses Taught
Macroeconomics, Money & Banking, Monetary Theory, Development Economics, Comparative Economic
Systems, Political Economy of the Austrian School, Economic Rhetoric and Writing

Experience
From August 1997, President and Managing Trustee, Centre for Civil Society
Assistant Professor, Economics, University of Michigan at Dearborn, September 1991-April 1997
Visiting Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi,
NovemberDecember 1997
Visiting Professor, Department of Economics, M S University, Baroda, SeptemberOctober 1998

Fellowships and Scholarships

Earhart Foundation Fellowship, 1989-1990
G.T. Management Fellowship, Hong Kong, Summer 1988
Ludwig von Mises Institute Fellowship, 1987-89
Institute for Humane Studies Fellowship, Summer 1986
National Merit Scholarship, New Delhi, India, 1978-1982
Faculty Merit Scholarship, M.S. University, Baroda, India, 1979-1980, 1981-1982

Affiliations and Honors

Member, Mont Pelerin Society
Member, Editorial Board, Vishleshan
Member, Editorial Board, EducationWorld
Member, Editorial Board, Khoj
Member, National Education Committee, Confederation of Indian Industries (CII) Delhi
Rho Chi Honor Society

Advisor and Consultant

Central Information Commission, Delhi
EducationWorld, Bangalore
Gujarat Ecology Commission, Baroda
Research Advisory Committee, Indian Council for Research in International Economic Relations, New
Delhi
Evaluator of the Education Guarantee Scheme of the Madhya Pradesh Government

Journal Publications
CSR: Capitalism at its best or an anti-capitalism mentality? Occasional Paper 44, New Delhi: Friedrich
Naumann Foundation, 2008
School Choice: Assuring Quality Education to All, Vikalp: the Journal of Decision Makers, 34, 2 (2009),
pp.70-74
The Persistence of Poverty in India: Culture or System? The Freeman, March 1998, pp. 151-54

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The Option Clause in Free Banking Theory and History: A Reappraisal, Review of Austrian Economics, 2
(1997), pp. 1-25
Hong Kongs Interest-Rate Cartel, Journal of Economic Research, 2 (1997), pp. 279-293
The Theory of Business Fluctuations: New Keynesians, Old Monetarists, and Austrians, Advances in
Austrian Economics, 4 (1997), pp. 33-62
Hong Kong's Indeterminacy Puzzle: Institutionalist and Econometric Approaches, Australian Economic
Papers, December 1996, pp. 348-69
Do Welfare Benefits Cause Welfare Caseload? (co-authored with Patricia K. Smith), Public Choice,
October 1995, pp. 91-105
Public Goods: A Case of Market Failure or Market Facility? Vishleshan, July-September 1995, pp. 14-19
"Schumpeter on Monetary Determinacy," (co-authored with Leland B. Yeager), History of Political Economy,
Fall 1994, pp. 443-64
Do Welfare Benefits Cause the Welfare Caseload? The Case of Michigan, (co-authored with Patricia K.
Smith), in Connections: Faculty Voices, edited by Ted-Larry Pebworth and Claude Summers, University of
Michigan-Dearborn, (1993), pp. 191-200
"A Review Essay," Hayek's Conservative Liberalism by Hannes H. Gissurarson, Reason Papers, Spring 1989, pp.
190-98
"The Decline of the Hong Kong Dollar in 1983: Devaluation or Depreciation?" Asian Monetary Monitor,
November 1988, pp. 13-22
"On the Ethical Foundations of Public Policy: Utilitarianism, Natural Rights, or Argumentation Ethics?"
Austrian Economics Newsletter, Winter 1988, pp. 4-5
"Barry Smith: On the Genesis of Austrian Economics," Austrian Economics Newsletter, Spring 1988, pp. 8-9
"Hermeneutics: A Conference Report," (co-authored with Sven Thommesem and John McCallie) Austrian
Economics Newsletter, Fall 1986, pp. 5-8

Chapters in Books
Introduction in State of Governance: Delhi Citizen Handbook 2009, Centre for Civil Society, 2009
India: The elephant in the age of Liberation (co-authored with Renuka Sane) in Making Poor Nations Rich:
Entrepreneurship and the Process of Economic Development, 2008, pp. 303-344
Awakening a Slumbering Elaphant in Taming Leviathan: Waging the War of Ideas Around the World, ed. by
Colleen Dyble, The Institute of Economic Affairs, 2008, pp. 89-102
Overview in State of Governance: Delhi Citizen Handbook 2006, Centre for Civil Society, 2006, pp. 1-10
Introduction in Economic Freedom of the World: 2004 Annual Report, 2004, pp. 3-15
Overview in State of Governance: Delhi Citizen Handbook 2003, Centre for Civil Society, 2003
"Peter Bauer and India," in A Tribute to Peter Bauer, Institute for Economic Affairs, 2002, pp. 89-93
On the Role of Government and Civil Society in Education: Liberalisation, Accountability, and
Empowerment, in New Economic Policies for a New India, ed. by Surjit S. Bhalla, Indian Council of Social
Science Research, 2000, pp. 90-117
New Education Policy: Choice and Competition, in Agenda for Change, ed. by Bibek Debroy and Parth
Shah, Rajiv Gandhi Institute for Contemporary Studies, 1998, pp. 75-84
"Money and Capital in Economic Development," in The Collapse of Development Planning, ed. by Peter Boettke,
New York University Press, 1994, pp. 15-36
Monetary and Financial Policies for Economic Development: A Review and Critique of the Orthodox
Model, forthcoming in a conference volume to be published by the Third World Foundation, Chicago.
Paper presented in 1994

Monographs & Books

Co-Editor, Handbook on New Public Governance, New Delhi: Centre for Civil Society, March 2006
Co-Editor and Introduction, Ward Power: Reforms in Urban Governance, New Delhi: Centre for Civil Society,
March 2006
Editor, Navlok Prabandhan, New Delhi: Centre for Civil Society, 2005
Co-Editor and Introduction, The Terracotta Reader, New Delhi: Academic Foundation, 2005
Co-Editor and Introduction: making a living on the street, Law, Liberty & Livelihood: Making a Living on the
Street, New Delhi: Academic Foundation, 2005
Author, Aarthik Swatantra Ka Sangarsh, New Delhi: Centre for Civil Society, January 2005
Editor and Overview, Morality of Markets, New Delhi: Academic Foundation, 2004

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Co-Editor, BR Shenoy: Economic Prophecies, New Delhi: Centre for Civil Society, 2004
Co-Editor, BR Shenoy: Theoretical Vision, New Delhi: Centre for Civil Society, 2004
Editor and Introduction, Profiles in Courage: Dissent on Indian Socialism, New Delhi: Centre for Civil Society,
2001
Editor and Introduction, Do Corporations Have Social Responsibility? New Delhi: Centre for Civil Society,
2001
Editor, Friedman on India, New Delhi: Centre for Civil Society, 2000

Magazine and Newspaper Articles (selective)

Unintended School Voucher Programme, EducationWorld, September 7, 2009
School Vouchers Work co-authored with Baishali Bomjan, CFOConnect, July, 2009
Education Agenda for UPA-2: Great Expectations of Kapil Sibal, EducationWorld, July, 2009
Mere talk will not do, Business Standard, July 7, 2009
Private Education for the least advantaged co-authored with Manu Sundaram, Protg AFEC Magazine,
2009
Aruna Roys Solution CFOconnect, January, 2007
Vouchers Can work Times of India, July 4, 2007
Lets not keep expanding a failed system One India One People, April, 2007
Budget 2006: status quo on the paternal government,Financial Express, March 3, 2006
Back to School for some, to first principles for others, Indian Express, March 2, 2006
An excuse to target those deep pockets? DNA, January 28, 2006
The New Third Law of Ecology, Business Standard, September 20, 2005
Let all professional colleges set own fee structures Financial Express, August 24, 2006
The Terracotta Management of Ecology, Business Standard, July 26, 2005
Equity in education, Business Standard, July 13, 2005
We need to remember forests are for forest dwellers, not foresters, Indian Express, June 20, 2005
Its just the basic, but NEP has little to empower communities in resource use, Down to Earth, May 31,
2005
Can be better, Financial Express, May 18, 2005
Right Act, wrong tack, Indian Express, May 16, 2005
FE Debate, Is privatisation and water pricing a sensible policy?, Apply the food model to achieve water
security, The Financial Express, March 22, 2005
"Saving the fish & the fisherfolk", Businessworld, March 28, 2005
Allocate water rights; aid conservation, The Financial Express, February 22, 2005
Redefining the Right to Information, Business World, January 31, 2005
National Education Choice Campaign, Education World, November 2004
Should government break strikes?, Economic Times, August 27, 2004
Who Pays for Welfare Programmes, Economic Times, August 19, 2004
Do We Need a Planning Body?, Economic Times, June 23, 2004
Is the court ruling on strikes fair? No. But union power should be curtailed, Economic Times, August 13,
2003
"Evolution of Liberalism in India" Liberal Times, New Delhi, Volume X/ Number 4, 2002
"We the people of free India" Economic Times, New Delhi, August 16, 2002
"Liberalise the education sector" Economic Times, New Delhi, July 18, 2002
"A tale of two summits" Economic Times, New Delhi, June 21, 2002
"Wanted a liberal party?" Economic Times, New Delhi, May 16, 2002
"A victimless crime" Economic Times, New Delhi, April 18, 2002
"Auctioning Ayodhya" Economic Times, New Delhi, March 28, 2002
"Morality of the Market" Economic Times, Mumbai, November 15, 2001
"In for a freedom struggle" Economic Times, New Delhi, October 18, 2001
"Unwanted and Illegitimate" Economic Times, New Delhi, August 16, 2001
"Competition and Policy" Economic Times, New Delhi, July 26, 2001
"Disputes and the WTO" Economic Times, New Delhi, June 21, 2001
"Science in Public Policy" Economic Times, New Delhi, May 31, 2001
"Tax Freedom Day" Economic Times, New Delhi, April 19, 2001
"Earthquake Lesson: Building bye-laws or strict liability" Economic Times, New Delhi, February 3, 2001

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Conference Participation (selective)

How to Communicate in Times of Crisis? Lessons from our 2008/2009 Experience at the 6th European Resource
Bank Meeting, Marseille, France, August 20-22, 2009
Integrating Vendors in Urban India at the Challenges Faced by Women Vendors at the All India Women
Conference, July 28, 2009
International Conference on Entrepreneurship, Wadhwani Centre for Entrepreneurship Development,
Indian School of Business, Hyderabad, June 5-9, 2009
Linking Education to Employability at the CII National Conference on Education-2009, New Delhi, April 21,
2009
Private Property Rights: The economic Foundation of a Free Society at the 2008 Economic Freedom Network Asia
International Conference, University of Asia and the Pacific, Phillippines, September 18-19, 2008
Global Leadership Summit at the Lyford Cay Club, John Templeton Foundation and Roosevelt Group,
Nassau, Bahamas, December 8-10, 2006
India Sustainability Summit, Switzerland, November 26, 2006
Panelist on Equal Education at the Tehelka Summit of the Powerless, Delhi, November 20-21, 2006
RTI Convention organised by Central Information Commission, Delhi, October 15, 2006
Prospects for Liberty in Asia at 25th Anniversary Celebrations of the Atlas Foundation, San Francisco, June
2006
Why Liberalisation Has Failed the Poor? at the National Seminar on Growth & Justice organised by the
Department of Economics, Assumption College, Changanacherry, Kerala, February 8-9, 2005
Agenda for Improving Governance at the Indian Institute of Planning and Management, New Delhi.
September 10, 2004
Communities & Markets in Natural Resource Management at the Mont Pelerin Society General Meeting at Salt
Lake City, USA August 14-19, 2004
Markets and Failure at the Indian Institute of Public Administration, Delhi, July 30, 2004
Freedom Matters: Why India Will Beat China? At the Freedom Fest, organised by Young America's
Foundation, USA at Las Vegas, May 14-15, 2004.
Developing Successful Student Programs at the Atlas Liberty Forum, organised by the Atlas Economic Research
Foundation at Chicago, April 28-29, 2004.
Regional Seminar and Learning Event on Local Governance and Pro-poor Service Delivery organised by the Asian
Development Bank at Manila, Philippines, February 10-12, 2004.
5th Workshop on the Economic Freedom Network-Asia, Jaipur, September 25 to 28, 2003
The War of Ideas: Where now? At the Mont Pelerin Society General Meeting, London, October 5-10, 2002.
Golden Jubilee Celebrations of the Department of Economics, MS University, Baroda, November 1999.
Presented The Role of Bankers in Economic Development.
1999 Economic Freedom Network Annual Conference, Vancouver, Canada, October 1999. Presented
Why is India Poor: Economic Freedom in India.
Young Liberals Convention, Panchgani, India, July, 1999. Presented Education Policy in India.
National Workshop on Dimensions of Civil Society: Role of Consumer Organisations, Ahmedabad, India,
December 1998.Presented the Keynote Address and Licensing of Professions for Safe, Quality and
Affordable Services.
Economic Freedom Network Annual Conference, Manila, November 1998. Presented Using the
Economic Freedom Index: The Indian Example.
Liberty Fund Conference on James Buchanan and Jean Hampton, Sydney, Australia, October 1998.
Workshop on Political Strategies, International Academy in Freedom, Gummersbach, Germany, March-
April, 1998.
Seminar on Sources of Conflict in South Asia: Ethnicity, Refugees, Environment, Hikkaduawa, Sri Lanka,
March 1998. Presented Trade or Lack of It: An Anthropological and Historical Analysis of Conflict
in South Asia.
Atlas Foundation Workshop on Poverty and the Environment: Global LessonsLocal Solutions,
Orlando, Florida, February 1998.
Austrian Scholars Conference, Auburn, April 1997. Presented The Option Clause in Free Banking Theory
and History: A Reappraisal.

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Southern Economics Association Meeting, New Orleans, November 1995. Presented On the Theory of
Price Stickiness: New Keynesians versus Old Monetarists.
American Economic Association, Washington, D.C., January 1995. Organized and chaired a panel Leland
B. Yeager: The Economic Architect from Oak Park; and presented The Option Clause in
Commodity Standards.
Southern Economics Association Meeting, Orlando, November 1994. Chaired a session on Issues in
Macroeconomics; and presented Is there a Genuine Market for College Textbooks?
Third World Foundation Conference, Chicago, April 1994. Presented On the Role of Bankers in
Economic Development.
Research Association of Minority Professors, Raleigh, North Carolina, February, 1994, as a representative of
the Campus. (Supported by the Chancellors office.)
Southern Economics Association Meeting, New Orleans, November 1993. Presented An Ideal-Typical
Professor under Tenure: A Blessing or a Curse? and Bankers in Economic Development:
Bureaucrats, Tellers, Surfers, or Equilibrists?
Austrian Economics Colloquium, Department of Economics, New York University, October 1993.
Presented Money and Capital in Economic Development.
Southern Economics Association Meeting, Washington, D.C., November 1992. Presented "Hong Kong's
Indeterminacy Puzzle: Institutionalist and Econometric Approaches," and "Nominal Wage-Price
Stickiness: The End of Theory?"
Western Economics Association Conference, San Francisco, July 1992. Presented "Hong Kong's
Indeterminacy Puzzle: Institutionalist and Econometric Approaches," and "Money and Capital in
Economic Development."
Midwest Economic Association Meeting, Chicago, March 1992. Presented "Prisoner's Dilemma and
Externality in Macroeconomic Efficiency."
Southwestern Social Science Association, Houston, Texas, March 24, 1988. Discussant on "Variations on
the Demand-for-Money Theme: Mises and Some 20th Century Views," by Richard Ebeling.

Research and Teaching Grants

Rackham Grant and Fellowship for Formal, Informal, and Reciprocal Credit Transactions in Rural India,
March 1995
Faculty Research Grant (with Patricia K. Smith) for the project Teens Pregnancy Resolution Decision,
March 1995
Writing Center grant to develop a new course on Economic Rhetoric and Writing, July 1994
Chancellors Instructional Technology Grant to develop a multimedia text and evaluation system for the
Comparative Economic Systems class, January 1994