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Dear Economist: Why are friends such plonkers about fine wine?

By Tim Harford

Published: August 16 2008 00:53 | Last updated: August 16 2008 00:53

As a wine evangelist, I always bring a bottle of something really decent whenever I visit friends. The trouble is, their thanks rarely reflect my expenditure. Should I make more of a fuss about the cost of fine wine, or just bring plonk?
Gabriel Elliott, London

Dear Gabriel,

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