An Organic Discount?

For most products, an "organic" label results in a significant price premium. However, a new study finds that the opposite is true for California wines labeled as "made from organically grown grapes."

More Income, More Choices

As we get richer, we not only substitute toward higher-quality goods-we demand more diversity in what we consume and what we do.

The Good Pinot Noir, or Merely the Mock?

Twelve French wine producers were recently found guilty of selling "million of gallons of fake Pinot Noir" to American wine distributors.

When are High Wine Prices Justified?

In wake of some of the latest chatter about The Wine Trials 2010 (this one from Joe Briand, wine buyer for New Orleans's excellent Link Restaurant Group, e.g. Cochon, Herbsaint, with a response from Wine Spectator executive editor Thomas Matthews), I thought it was time for a quick clarification of first principles here.

Would You Like Wine in Your Doggy-Bag?

Texas allows you to transport open but covered bottles of wine in your car. Even when there are only two of us at dinner, rather than buying a glass of wine for each, we buy the whole bottle and take home what's left.

Chianti as Collateral

Italian banks may soon accept fine wines and dry-cured hams as collateral on loans.

Loneliness or Cheap Wine

I'm alone in Europe, living in an apartment and cooking for myself. I bought a bottle of decent red wine for the remarkably low price of $2.99 and am consuming about one-fourth of it with each dinner (instead of the one-fifth or one-sixth of a bottle I would drink with each dinner at home).

Have I substituted toward wine, moving down the demand curve because the price is lower than at home? Or am I drinking more because I am alone and miss my wife? has my demand curve for wine merely shifted out due to my solitary lifestyle?

Do Taste and Smell Adjectives Signal Value, or Do They Create It?

Two papers at last month's meeting of the American Association of Wine Economists in Reims (this is my second of two articles about the conference) investigated this question with respect to the wine industry, which is, if not a microcosm of all consumer-products industries, at least an increasingly apt caricature of them. While creative adjectivism has long characterized the wine world, the practice in other taste industries -- chocolaty coffee, metallic fish, grassy honey, peaty whiskey -- is now ascendant.

Robin Goldstein on the Economics of Wine

We are delighted to welcome Robin Goldstein to our family of Freakonomics blog contributors.

We've blogged in the past about Robin's research involving blind wine tastings, as well as his research on whether people can tell the difference between pate and dog food.

Révolte des Vignerons

Levitt‘s cheap wine advocacy may have met its match. To protest the falling price of wine, a French group calling itself the Regional Union for Viticultural Action has attacked French supermarkets in the past. Now it has adopted a more supply-side approach: the wine militants recently broke into a cooperative in the south of France, […]