Blog Archives

The British planted the Seeds of Lanka’s Bankruptcy in 1942-by Michael Roberts Source:Thuppahis I keep watching Karan Thapar’s interview with Dr. Indrajit Coomaraswamy: viz. https://www.youtube.com/watch?v=hLLMdx74-aw. It’s fascinating. Karan Thapar is a skilled, hard-nosed interviewer and Indrajit Coomaraswamy is a knowledgeable and articulate interviewee. So what you get is two clear thinkers who cut to the nub of the issue. It’s a trenchant analysis of how Sri Lanka got into this hole and how it can get out of it. That said, I have a quibble with something Dr. Coomaraswamy asserted about Sri Lanka’s budget-busting culture of unaffordable entitlements. He believes that Sri Lankans got habituated to receiving government handouts from the time of Independence in 1948. ...