Sports

In the world of money, I’m told, a major cause of financial discomfort is irrational expectation. People follow bubbles rather than reason; they buy at high prices out of a sense of heightened expectation and are forced to sell low when they are surrounded by the debris of such expectation. Cricket, I just fear, might be headed down that path in certain parts of the world.

The current boom in cricket pricing is the result of the seemingly unending enthusiasm of the Indian consumer, the relative, and often willing lack of competitio...