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If I really thought McDonald's could spread world peace, I might even be willing to eat their product. FT, 22.8.01 A ban on touts will not fix a rigged game
(Financial Times 30 April 2008)
The present systems of ticket allocation have much more to do with the maintenance of networks of patronage than the carefully targeted allocation of seats to “genuine fans”.

No need to own the road: buy the tollbooth
(Financial Times 19 March 2008)
Mr Buffett’s success demonstrates the weakness of one economic theory, the efficient market hypothesis, and the strength of another – the central role that the pursuit and defence of economic rents plays in modern corporate life.

Just think, the fees you could charge Buffett
(Financial Times 12 March 2008)
Warren Buffett's emergence as the world's richest man illustrates the power of compound interest. Warren neither pays nor makes management charges. The effect is larger than you would believe possible.

Christmas shopping and the chowkidar
(Financial Times 23 January 2008)
There are many ways of interpreting the complexities of published economic statistics, with the result that commentators can find snippets of data to support any story they want to tell.

India cannot take economic growth for granted
(Financial Times 09 January 2008)
The capacity of politics to get in the way of economic growth has dominated most of the economic history of most of the world.


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© John Kay 2008