June 30, 2009

Fake wines take off

Great opinion piece in yesterday's Times on counterfeiting expensive wines. Seems there's a burgeoning market on eBay for empty bottles of luxury wines, like 1982 Lafite. The Times' writer, Robin Goldstein, cites Günter Schamel, an Italian professor of (I think) economics, who wrote a paper called "Forensic Economics: Some Evidence for New Wine to be sold in Old Bottles."