Speaking of Smith Archives

What Adam Smith Ate (& Drank!): Claret, Part 2

Renee Wilmeth for AdamSmithWorks

Adam Smith knew first-hand about the Bordeaux wine growing region and he factored his knowledge of wine and agriculture into An Inquiry into the Nature and Causes of the Wealth of Nations. 

What Adam Smith Ate (& Drank!): Claret

Renee Wilmeth for AdamSmithWorks

"Smith’s use of wine to demonstrate everything from supply and demand, costs of goods, duties, and tariffs arguably made him the first wine economist tracking values, appreciation, and retail prices."