The Wine Edition
Karl Storchmann of the Journal of Wine Economics discusses how wine ratings affect prices and how to decide what to spend on your bottle.

Photo by JPS68 via Wikimedia
Listen to Episode No. 60 of Slate Money:
On this week’s episode of Slate Money, Felix Salmon of Fusion, Cathy O’Neil of mathbabe.org, Slate’s Moneybox columnist Jordan Weissmann, and wine economics expert Karl Storchmann drink some rosé. And then some more rosé. They also talk about:
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- How cheap wine tastes better, but how expensive wine will make you happier
- What do those wine ratings really mean?
- The Charles Shaw Index
Check out other Panoply podcasts at itunes.com/panoply.
Slate Money will appear every Saturday in the Slate Daily Podcast and its own feed.
Email: slatemoney@slate.com
Twitter: @felixsalmon, @mathbabe, @jhweissmann