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

    By Hovig Tchalian, University of Southern California 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. Bourbon brands like Pappy Van Winkle from Buffalo Trace distil