Wine and Economics

Reviews / Votes

'Denton Marks's book fills a void in both the economic and the wine-related literature. It offers the economic student insights into the wine world and the wine professionals into economic thinking. Certainly, this is the first 'wine economics' textbook.' -- Karl Storchmann, New York University, US and Managing Editor, Journal of Wine Economics 'What is welcome with Denton's book is its exploration beyond the narrow focus of wine pricing. The outline of how wine fits into key economic processes is illuminating, and the understanding of the political economy of wine is especially helpful. Crucially, the examination of how wine functions as a cultural good is a real expansion of our understanding of its social and economic context, underlining that value is not merely a financial construct but includes intangible, symbolic meaning as well.' -- Steve Charters, School of Wine and Spirits Business, Burgundy School of Business, France 'Most professions show a professional interest in wine, and economics is no exception: it can help us understand how wine markets work. But since economics is considered by many as a rather 'dry' subject, wine can boost student enthusiasm for economics. This book exploits those two interests by helping non-economists understand wine producer and consumer behaviour and helping college students understand economics.' -- Kym Anderson, University of Adelaide and Australian National University, Australia