To solve our economic problems we need common sense not complex economics | Daily FT

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Daily Financial Times

President Gotabaya Rajapaksa Prime Minister Mahinda Rajapaksa When a student at Cambridge University reading for the Tripos in Economics, I saw a statement attributed to Professor Pigou which said: “Economics is common sense, theoretical economics is common sense made difficult.” I have always kept this at the back of my mind when writing anything connected to economics. We have some major economic woes. We see little leadership from the President urging what needs to be done when looking through the common sense lens. The high priest of economics should be the Governor of the Central Bank. He…

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