Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
Apr 27 20098:04am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:04am EDT -
Be Your Own Counterfeiter
Apr 26 20099:04am EDT -
Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:04am EDT -
What Good is the News?
Apr 25 20098:04am EDT -
Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
Apr 24 20091:04pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:04am EDT -
Non-Economic Questions of the Day
Apr 24 20099:04am EDT -
The Stress Test Blind Alley
Apr 24 20098:04am EDT -
Happy Hour
Apr 23 20099:04pm EDT -
Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
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Wine Datapoint of the Day
Krug's new single-vineyard Champagne, the 1995 Clos d'Ambonnay, will sell for between $3,000 and $3,500 a bottle. And it will sell all 3,000 bottles with ease; indeed, the price will be higher on the secondary market than it is on the primary market. Meanwhile, 2005 clarets are selling, in some cases, for well over double the price of their 2004 counterparts, and it's not at all clear that the quality of the vintage justifies the price hike. But global demand for Bordeaux is relentless, and then of course there's the falling dollar as well.
My recommendation? 2005 Heron Pinot Noir, at $13 a bottle. Put it in a blind tasting against Burgundies in the $50 range, it'll knock their socks off. But of course it carries no cachet whatsoever.
(Via Wiesenthal)
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