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Aruni Shapiro introduces Adam Smith to Sri Lanka's readers

Daily FT

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October 07, 2025

ARUNI Shapiro, sociologist cum advocate for liberty, has published her 10th book introducing Adam Smith to Sri Lanka’s Sinhala readers under the title ‘Adam Smith and the Wealth of Nations’.!

A book on Adam Smith in Sinhala

Her previous books have been on diverse themes like guide to mental health, translation of fictions, translation of rare but valuable books on economics, and biographies.

In 2015, as I have explained in a previous article2, she publishe writings of the French economist and statesman in the early 19th century, Frederic Bastiat under the title Libertarian Economics. This was the first attempt to introduce Bastiat to Sri Lankan readers.

All the copies numbering about 2000 were distributed freely to interested readers by the publisher, Sri Lanka Frederic Bastiat Society, of which Shapiro was one of the patrons.

That shows the extent of her dedication for promoting sound and advanced economic literacy among the fellow Sri Lankans.

Writings by Adam Smith Two publications by the Scottish economist Adam Smith in the latter half of the 18th century have been responsible for carving out its own subject matter now we know as economics. One is The Theory of Moral Sentiments released in 1759 which critically examined the moral thinking of the time when he lived suggesting that conscience arose from dynamic and interactive social relationships which people sought to develop within themselves as a code of sympathy of sentiments. This was a philosophical work in which Smith explored the sources of the ability of the human beings, called Homo sapiens, to form moral judgments when they are born like blank slates without any moral sentiment at all. Hence, all the moral sentiments are acquired, argued Smith, by people while living as members of human societies through dynamic and interactive relations with each other.

MEER VERHALEN VAN Daily FT

Daily FT

UDA to lease Pettah Floating Market to Japanese investor for $ 160 m

THE Urban Development Authority (UDA) is moving ahead with plans to lease the Pettah Floating Market Complex to a Japanese investor in a deal valued at $ 160 million.

time to read

1 min

November 27, 2025

Daily FT

Daily FT

Sri Lanka have one more hurdle to clear to reach final

HAVING somewhat regained their form with a convincing nine-wicket win against Zimbabwe on Tuesday, Sri Lanka face their final hurdle when they confront hosts Pakistan today in what could be another door-die contest in the T20I Tri-Series in Rawalpindi.

time to read

2 mins

November 27, 2025

Daily FT

People's Bank posts Rs. 43.7 b PBT in 9M

PEOPLE'S Bank has reported a Profit Before Tax (PBT) of Rs. 43.7 September delivering the bestbillion for the nine months ended 30 2025, ever results in the institution's history.

time to read

3 mins

November 27, 2025

Daily FT

Sri Lanka must shift from volume to value to unlock full tourism potential: SLTDA Chairman

Highlights value gap and over-tourism pressures

time to read

3 mins

November 27, 2025

Daily FT

Daily FT

President to attend Sri Lanka Economic and Investment Summit 2025 on opening day

PRESIDENT Anura Kumara Dissanayake will attend the Sri Lanka Economic and Investment Summit 2025 on 2 December, during which he will join The Ceylon Chamber of Commerce Vice Chairperson Bingumal Thewarathanthri for an on-stage conversation aligned with the Summit's theme-'Gateway to Growth-Asia's Emerging Opportunity!

time to read

1 min

November 27, 2025

Daily FT

Tourism earnings to undershoot despite arrivals surge

SRI Lanka is bracing for lower-than-expected tourism earnings following a downward revision in the estimated daily spending of visitors by the Sri Lanka Tourism Development Authority (SLTDA), a key metric used to calculate the industry's contribution to the economy.

time to read

2 mins

November 27, 2025

Daily FT

Pent-up demand for vehicle imports stabilises - CBSL

CENTRAL Bank (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said the surge in vehicle imports that followed the lifting of the five-year import suspension has now tapered off, with pent-up demand largely exhausted by November.

time to read

1 min

November 27, 2025

Daily FT

Reserves set to hit post-crisis high in December: CBSL Governor

CENTRAL Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said Sri Lanka's gross official reserves are expected to climb to the highest level recorded since the height of the economic crisis by the end of December, whilst expressing confidence that the country will comfortably meet its reserves target under the International Monetary Fund (IMF) program.

time to read

1 mins

November 27, 2025

Daily FT

Daily FT

Apparel exports maintain momentum, up 6.1% in first 10 months of 2025 - JAAF

THE Joint Apparel Association Forum (JAAF) yesterday said apparel and made-up articles exports for January to October 2025 increased by 6.12% year-on-year (YoY), maintaining steady momentum despite weaker monthly results in October.

time to read

1 min

November 27, 2025

Daily FT

CBSL holds policy rates steady

THE Central Bank of Sri Lanka (CBSL) yesterday delivering the sixth and final Monetary Policy Review for 2025 announced that rates would remain unchanged at 7.75%.

time to read

2 mins

November 27, 2025

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