Bryan Roth

The Friday Mash (Emerald City Edition)

Fifty-five years ago today, the Century 21 Exhibition aka the Seattle World’s Fair opened. It was the first World’s Fair in America since World War II. Surviving structures from the fair include The Space Needle, the Seattle Monrail, and Seattle Center.

And now…The Mash!

We begin in Boston, where Daradee Murphy unveiled a novel strategy for tackling the Boston Marathon’s infamous “Heartbreak Hill”: beer instead of water as her hydration drink of choice.

Once a hot trend, black IPA lost its mojo last year. However, Bryan Roth of All About Beer magazine says that the style is down but not out: several breweries are rolling out new versions.

Sierra Nevada Brewing Company has announced the dates and cities for Beer Camp on Tour 2017. This year Beer Camp collaborative series will feature six domestic and six overseas craft breweries.

Five years ago, a startling archaeological discovery in modern-day Turkey provided evidence that it was beer, not agriculture, that led human beings to abandon their hunter-gatherer ways and begin living in communities.

Vijay Mallya, India’s “King of Good Times”, is under arrest in England. Mallya, who inherited United Breweries of Kingfisher beer fame, faces fraud and money-laundering charges in his home country.

The former head of a global recruitment firm says it’s time to get rid of the “beer test” for new hires: it leads to poor hiring decisions, discriminates against non-drinkers, and makes the workplace less diverse.

Finally, women’s advocacy group FemCollective is sponsoring an all-female beer festival in Fort Lauderdale, Florida. FemAle will highlight female beer experts and brewers from across the country, and men as well as women are welcome to attend.

No comments

Why Good Beer Might Start Costing More

Bryan Roth, who blogs at This Is Why I’m Drunk, delved into the economics of craft beer prices. The analysis starts with the assumption that inelastic pricing exists in the beer market. In other words, when the price of beer goes up, drinkers are still willing to pay for it.

Inelastic pricing is more prominent with respect to craft for several reasons. Some craft drinkers are willing to pay more to impress others with their taste in beer. A related, and more common, reason is that many craft drinkers are willing to pay for the experience of trying a new beer—especially if it’s hard to find. In addition, those switching from macro to craft do so with the understanding that the latter will cost them more. Finally, craft drinkers are influenced by the decision of their peers, who have come to accept the high cost of the product.

Roth also points out that geography significantly affects beer prices. Portland, Oregon, is awash in craft beer. And because the supply is so great, breweries that charge too much for their beer—especially if the beer itself is of lower quality than the competition—could find themselves out of business.

Powered by WordPress