Monthly Archives: October 2011

Economists as Fortune Tellers “Behind every great fortune there is a crime.” Honore de Balzac (1799-1850), French novelist. Prof. Luis Garicano, Director of Research at the London School of Economics, was explaining to Queen Elizabeth on 05 November, 2008, the … Continue reading →

Turmoil in the Indian Ocean Ever since Vasco da Gama and his small flotilla of ships rounded South Africa (which became for them the “The Cape of Good Hope”) in 1498 to enter the Indian Ocean, Western imperial powers have … Continue reading →

Democracy: USA vs. Sri Lanka by Thepanis Alwis Baddegama, Sri Lanka Democracy is the holy political mantra of our times. Most countries of the world claim to be democracies, whatever their political systems and practices and some, like the USA, … Continue reading →

6th International Student Conference of COSEC, Ceylon, 1956 1956: A watershed year In September 1956, the 6th International Student Conference of the Coordinating Secretariat in Leiden, Holland, was held in the idyllic setting of the Peradeniya campus of the University … Continue reading →