According to Ashenfelter, who specializes in labor issues, economics does not receive enough attention in the press. He believes that the economic aspect of most events, like wine collecting, is sadly overlooked. After buying wines for a few years, Ashenfelter was amazed at many simple correlations between wine and weather that are seldom discussed in print.
Ashenfelter's innovative approach to wines and wine purchasing led him to found the Liquid Assets newsletter for wine lovers. The semiannual publication provides objective information on the auction prices of wine around the world. "Wine writers just hate us," says Ashenfelter.
Orley Ashenfelter is an economist who is not afraid to look at unconventional topics and apply numerical analysis to all areas of life, whether fine arts, hotels, or impressionist painters. Please join us for a fascinating discussion of fine wines, economics, and the "Bordeaux equation."