Articles by Ajay Shah
Sep 16, 2014
Do companies with more women directors do better? Correlation is not causationThere are simply too many studies that jump to conclusions based on correlations. There are many things you can't infer from a regression analysis
Jan 09, 2014
BJP asking right questions: Abolish all taxes barring IT and GSTIndia can provide a good government with 12 percent tax-GDP ratio. For this, we can abolish all taxes barring income tax and GST.
Oct 02, 2013
Is a high CAD bad? Think again. It makes govt accountableIs having a big current account deficit bad? Not quite. If the the currency markets are free, a CAD finances itself. But governments may not like the outcomes.
Sep 21, 2013
Reading in between lines: Where Raghuram Rajan goofed upRaghuram Rajan should have clarified objectives, instruments and operating procedures in monetary policy. What he has done is confuse all issues.
Aug 13, 2013
Govt vs citizen: Should we ban things we can't control?It is convenient for bureaucrats to ban anything they find difficult to understand or control. But in doing this they are working against the citizen's interests.
Jan 04, 2013
Why protests don't end up in change: We need more wonksEveryone in India should ask why the policy wonks are so interested in health, education and welfare programmes, and so disengaged with basic public good.
Dec 25, 2012
How India's focus on welfare is damaging law and orderIndia's politicians focus on doling out freebies, which benefits a few, because this is where their votes lie. They should focus on public goods, including safety and law and order, which benefits all
Oct 19, 2012
Emkay fiasco: We need a resilient market, not a costly failsafe oneShould a stock market be safeguarded from fat-finger trade errors at high cost or be made resilient to such shocks?
Sep 08, 2012
Why Indian capitalism isn't doomed despite cronyismThe markets have begun to sort out companies with an ethical deficit. Hence, despite the current scams, Indian capitalism has a future
Jul 25, 2012
Maruti violence: Is Bihar now better than Haryana?The Maruti unrest is testimony to the inability of the Haryana government to maintain law and order - a prerequisite for business growth