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The Role of Viticulture and Enology in the Development of Economic Thought: How Wine Contributed to Modern Economic Theory*

Published online by Cambridge University Press:  10 September 2012

Stephen Chaikind
Stephen Chaikind*
Affiliation:
Department of Business, Gallaudet University, 800 Florida Ave., NE, Washigton, D. C. 20002; and Applied Economics Program, Johns Hopkins University, Washington, D.C. email: [email protected].
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Abstract

This paper introduces the role wine has played as a central factor in the history of economic thought. The focus is on an examination of documented sources that connect wine and its viticulture and enology with the evolution of economic concepts. Works by Adam Smith, David Ricardo, Karl Marx, John Stuart Mill, Léon Walras, Alfred Marshall, and others are examined, as well as wine economic ideas postulated by Greek and Roman thinkers. (JEL Classification: A1, B1, B3, N00)

Type
Research Article
Information
Journal of Wine Economics , Volume 7 , Issue 2 , November 2012 , pp. 213 - 225
Copyright
Copyright © American Association of Wine Economists, 2012

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Footnotes

*

I would like to thank Bruce Elmslie, Mike Veseth, Karl Storchmann and the Journal's anonymous referees for their helpful comments and suggestions on earlier versions of the paper.

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