On globalization

[W]hen you find someone who decries the corporate homogenisation of the world caused by globalisation, one immediately realises that they haven’t travelled very widely. With more thought, one also realises they haven’t travelled very deeply. The number of interesting restaurants in a city is strongly correlated with the number of McDonald’s outlets and the number of fast food chains present, and it is a positive correlation. The number of interesting coffee shops (and Bubble Tea cafes, and Polynesian Cava outlets) is strongly correlated to the number of Starbucks outlets, and once again it is a positive correlation.

Emphasis his. Wish I could be in London for this talk – Michael Jennings never disappoints.