So is it really true that you can win a Nobel prize just for observing that some people in markets know more than others?
How do you choose a restaurant? Do you decide by walking down the street and choosing the first one you see or the one with most appealing smells? Maybe you do your homework beforehand, researching the area and picking the one with the best website or menu. Or maybe you rely solely on recommendation? The … Continue reading James Mirrlees: The Truth Shall Get You 5 Stars
The rise of wine in a can is an example of how the wine industry is figuring us out. The relationship between millennials and wine As of January 2016, all those part of the Gen Wine cohort are now able to legally drink alcohol. According to Wine Spectator, a wino magazine, millennials consumed 159.6 million cases … Continue reading Wine-onomics: How Gen Wine, err…Y is Changing the Industry