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« The Judgment of Princeton | Main | On the wagon »

June 22, 2012

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If inexpensive wines helps bring new consumers to wine or lets people drink wine outside of just the big holidays, it's good for consumers and good for the wine industry. As you said so well, all inexpensive wine is not necessarily bad and all expensive wine is not necessarily worth the price.

On May 29th, I asked... Do Americans expect to pay well below market value for great Australian wines, shunning the cost of the great ones? (http://tinyurl.com/7ozpqrv)

Cheap wines, while an entry for many, can still have long term ill effects, IMHO.

Basic economics will tell you that if there is a market for $2 wine, then someone will fill it as long as they can make money doing it. Timex sells millions of watches, and I doubt that Rolex can match their volume. Just like I can't justify buying a Rolex to tell time, I can't justify spending $25 or more on a bottle of wine. The wine industry created their own problems by charging big bucks for mediocre wine. Vintages are not consistent and sometimes there are variations between bottles. This is business, so stop "wining" about it.

Is cheap wine bad for the wine business? or
Does All Wine Taste the Same?

I would like to direct you to an article recently in the New Yorker Magazine...
http://www.newyorker.com/online/blogs/frontal-cortex

and then another in a local newspaper suggesting The ambiance of where we are when we’re drinking the wine matters, too! http://www.minnpost.com/second-opinion/2012/06/why-wines-tend-taste-alike-if-were-honest-about-it


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