About this episode

The episode features insights from wine economist Mike Veseth on the intersection of wine and economics.

This week, we dive back into the Wine Behind the Scenes Archives to listen to one of our most popular episodes. Find out how one of the world's leading wine economists got his start in wine economics over 40 years ago during a budget vacation in Napa Valley. Discover the amazing adventure Mike Veseth had, and let's enjoy the fascinating and surprisingly fun world of wine economics here at Wine Behind the Scenes, where wine, life, and fun intersect. In this episode you will be able to: Wine consumption reflects economic conditions, with luxury wines holding up better in times of stagnation The concept of the "wine wall" in stores influences consumer behavior and purchasing decisions Psychology plays a significant role in wine marketing and consumer choices Explore the Wine Economist newsletter for more insights and analysis on the wine industry Discover unique wine tourism experiences, such as stargazing events at wineries Mike Veseth, known as the wine economist, is an amazing guest with over 40 years of experience in the world of wine economics. His story began during a budget vacation in Napa Valley, where a chance encounter with a winemaker sparked his interest in the economic…

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