Asian Spectator


The Times

.

A bottle of scotch recently sold for $2.7 million – what's behind such outrageous prices?

  • Written by Hovig Tchalian, Assistant Professor of Entrepreneurship, University of Southern California
A bottle of scotch recently sold for $2.7 million – what's behind such outrageous prices?In November 2023, a bottle of Macallan Scotch whisky fetched the highest price of all time for a bottle of wine or spirits.Wiktor Szymanowicz/Future Publishing via Getty Images

When a rare bottle of Scotch whisky sold for US$2.7 million in November 2023, I was stunned, but I wasn’t surprised.

The whiskey market has been booming for some time.

Bo...

More Articles ...

  1. After 50 years of global effort to abolish torture, much work remains
  2. Students could get more sleep and learn better if school started a little later
  3. Paying people to replant tropical forests − and letting them harvest the timber − can pay off for climate, justice and environment
  4. 100 years ago, the KKK planted bombs at a U.S. university – part of the terror group's crusade against American Catholics
  5. 5 things to know about US aid to Ukraine
  6. A US ambassador working for Cuba? Charges against former diplomat Victor Manuel Rocha spotlight Havana's importance in the world of spying
  7. Racism produces subtle brain changes that lead to increased disease risk in Black populations
  8. As Russia ramps up 'traditional values' rhetoric − especially against LGBTQ+ groups − it's won Putin far-right fans abroad
  9. War in Gaza: An ethicist explains why you shouldn't turn to social media for information about the conflict or to do something about it
  10. Sandra Day O’Connor saw civics education as key to the future of democracy

Magazine

What to Consider Before Choosing a Cardboard Box Manufacturer

Start With the Packaging Purpose The right packaging begins with a clear understanding of what the box needs to do. A cardboard box manufacturer can help translate requirements such as product prot...

Why Emotional Battles Drain Your Wealth During Separation

Navigating a marriage ending is fundamentally a structural transition, not just an emotional event. When you approach separation with a clear roadmap, you protect your long term financial stability ...

How Long Does Botox Really Last? A Realistic Timeline

Someone might notice a line between their eyebrows getting deeper after a stressful week, or catch their forehead creasing in a video call in a way it did not before. It is a small observation, easy...

hacklink esim senegalzlibraryzlibraryzlibrarycasibomcasibomPadişahbetgalabet güncel girişVipparkjojobetjustintvbetoffice giristaraftariumjojobethacklink panelStreamEastmarsbahisuk casinos not on gamstophttps://www.capitolcitycinema.org/güvenilir casino siteleriStreamEast