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Subscribe to RSSJohn Cassidy of the New Yorker has an interesting blog post about the annual gathering of the rich and powerful at the World Economic Forum in Davos, Switzerland. I hadn't realised that the delegates paid so much - tickets start at $71,000 - to attend. In Cassidy's opinion, 'The point of Davos is not to learn or think or do deals, but simply to be there - and to be seen to be there.'
Fabrice Coffrini / AFP - Getty Images
A woman talks on her cell phone next to a statue of Mahatma Gandhi at the World Economic Forum annual meeting in Davos on Jan. 27.