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Shutting down the country to plant trees masks our leadership failures

As for this column, in another place and time, I would have said the economy must not be seen to run on the whims of powerful men. While folks may celebrate a bonus-free day, investors and businesses bear huge economic costs and production disruptions, especially with unplanned public holidays.

For instance, businesses that had scheduled production and delivery schedules have to pay double costs in wages for the day if they are unable to reschedule their production. Otherwise, they may suffer serious contractual related or demurrage charges. Having said that, the discipline of economics is not blind to the real world and the human interactions within which economic activities happen.