Rationally Speaking #90 - On Wine, Water, and Audio

Connoisseurship -- or snobbery, depending on your point of view, of wines, bottled water, and high-end audio equipment. Is there evidence on whether connoisseurs can really tell the difference between, for example, the $7 wine and the $700 one? Plus the host's choices: "How to Make Better Choices in Life and Work," and "The Reactionary Mind: Conservatism from Edmund Burke to Sarah Palin"