Second Thoughts about the Wine Wizards of Oz

“The Wizards of Oz” (see below) appeared on The Wine Economist a dozen years ago in February 2008. It looked to Australia for insights about what might be ahead for the wine industry. I’d forgotten all about this old column until it started getting “hits” recently, which caused to me give in another look.

The basic idea was that what’s happening in the global wine market sometimes happens in Australia first or most clearly. I think this might have been one inspiration for my book Extreme Wine...