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Marginal Indulgence

A weekly(ish) notebook on the economics of food, drink, and place

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The Beers That Came Back

A brewery that survived everything. A recipe that outlived its maker. A beer reconstructed from a yeast database. And a brewing tradition excavated from the 10th century. Four revival stories from Belgium.

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The Menu Is the Message

Beer Economics Belgium Consumer Behavior
Inside Le Trappiste

Every beer list in Belgium is making an argument — about independence, about tradition, about who the customer is and what she should drink. The bartender, the menu, the glassware: they're all doing informational work.

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30 Lambics in a Day or "Lambic: A Terroirist's Dream"

Beer EconomicsBelgiumGeographic IndicationsTerroir
Toer de Geuze

The Toer de Geuze, the question of where a beer region really ends, and geography you can taste. Dozens of producers, hundreds of pours, and a day spent bicycling through the Pajottenland.

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The Chocolatiers of Brussels and Beyond

Food EconomicsBelgiumGeographic Indications
Sainte Catherine Visit

I went to Belgium to study beer. I came home thinking just as much about chocolate. Bean-to-bar economics, the terroir commons, and tasting notes from several chocolate houses.

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The Monks Who Don't Want to Grow

Beer EconomicsBelgiumGeographic Indications
Belgium preview

Next week I'm heading to Belgium to visit Trappist breweries and a lambic festival. Here's what I'm looking for and why it matters to an economist.

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When the Dollar Store Is the Only Store

Food AccessRural EconomicsRegional Development

In parts of rural America, a dollar store isn't competition for the grocery store. It's the replacement. I've watched it happen in my own town.

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The $7 Difference

Wine EconomicsGeographic IndicationsConsumer Behavior
Wine bottles on display

Two bottles of Chianti. Same grape. Same region. One costs $11 and the other costs $18. What you're paying for is more interesting than you think.

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A Billion Euros and a Bad January

Wine EconomicsTrade PolicyEuropean Union
Wine glass shattering

European wine exports to the United States fell 11% in January 2026. Italian wine got hit even harder. The numbers tell a story anyone paying attention already suspected — but there's more underneath the headline than meets the eye.

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30 Lambics in a Day, or "Lambic: A Terroirist's Dream"

Beer EconomicsBelgiumGeographic IndicationsTerroir
Toer de Geuze

In my preview post, I wrote that lambic was the part of the Belgium trip I was most excited about as a researcher. I wasn't wrong, but I underestimated what it would feel like to experience it at volume. My prior sensory experience was a trip to Belgium in 2005, followed by unsatisfying attempts to relive it through occasional low-quality substitutes.

The Toer de Geuze is a biannual open-door event organized by HORAL, the council of traditional lambic brewers and blenders. For one weekend, producers across the Pajottenland and Senne Valley open their doors to the public. You migrate (by bus, car, or in my case, by bike) from brewery to brewery, tasting at each stop. Dozens of producers. Hundreds of offerings. It is, in the most literal sense, a landscape you can drink.

A Primer on Lambic, Gueuze, and Their Variants

Before I get to the story of the day itself, some terminology. If you're coming to this from the wine posts or the chocolate post, the vocabulary of lambic can be disorienting. Unlike wine, where the product categories are organized by grape and geography, lambic is organized by process and time. There is a very informative book on lambic by Jean-Xavier Guinard that I read in preparation for the trip — my one regret is that I didn't read up on chocolate in advance.

Lambic is the base product: a wheat beer (at least 30% unmalted wheat by Belgian law, with the remainder being malted barley) that undergoes spontaneous fermentation. No yeast is added. The wort (the hot, sweet liquid produced by mashing and boiling grain — the one you often get whiffs of all over Belgium) is pumped into a shallow, open vessel called a coolship, typically housed in the brewery's attic, and left to cool overnight with the windows open. Wild yeast and bacteria from the surrounding air inoculate the liquid. The wort is then transferred to oak barrels, where it ferments and matures for one to three years. The hops used are deliberately aged two to three years so they've lost their bittering compounds but retain their antimicrobial properties. Unlike IPAs and most American craft beers, you're not adding hops for flavor or aroma; you're adding them for preservation. Young lambic (a year or less) is sharp, cidery, and still actively fermenting. Old lambic (two to three years) is drier, more complex, and more mellow.

Gueuze (also spelled geuze, seemingly just to be difficult for search engines) is a blend of young and old lambics, bottled together. The residual sugars in the young lambic trigger a secondary fermentation in the bottle, producing the vigorous natural carbonation that gives gueuze its champagne-like effervescence. A well-made gueuze is one of the most complex beverages in the world: tart, dry, funky, fruity, and layered in a way that evolves with every sip. The blender's art — and "art" is definitely the right word — lies in combining barrels of different ages and different character into something balanced and whole. It is perhaps the closest analogy to the art of the Champagne cellar master.

Oude Gueuze (or "Vieille Gueuze" in French) is the critical distinction, and one the industry fought hard to codify. Under EU regulation dating to 1997, the designation "Oude" or "Vieille" can only be applied to a gueuze that meets specific criteria: the lambic must be 100% spontaneously fermented, the oldest component must have been aged in oak barrels for at least three years, and the product must be unfiltered, unpasteurized, and free of any artificial sweeteners (this last one is crucial). This distinction exists because, from the mid-20th century onward, a number of producers began selling filtered, sweetened, pasteurized gueuze — a product that bore the same name but tasted nothing like the traditional version. The sweetened versions were cheaper to produce, more palatable to consumers unaccustomed to sourness, and nearly killed the traditional product by flooding the market with a diluted version of the name. The "Oude" designation is, in essence, a quality marker that separates the traditional from the industrial. It is a GI-adjacent regulation that protects process rather than geography.

Kriek is lambic with whole sour cherries added and left to macerate in the barrel for several months. The traditional cherry is the Schaerbeekse kriek (named for the Brussels suburb of Schaerbeek, where the trees once grew abundantly), a small, intensely tart cherry that is now rare and expensive. More recently, standard Morello sour cherries, often imported, have had to fill the gap. The cherries ferment in the lambic, contributing fruit character, additional sugars for secondary fermentation, and a distinctive deep ruby color. A traditional kriek is dry, tart, and complex. It is nothing like the sweet cherry beers marketed to casual consumers. The difference between an oude kriek and a commercial fruit beer is roughly the distance between a Barolo and a wine cooler.

Framboise is the raspberry equivalent: lambic with whole raspberries added. Less traditional than kriek (the cherry version has deeper historical roots), but increasingly popular and capable of extraordinary complexity. The raspberry contributes a brighter acidity and a more forward fruit character than the cherry.

Other fruit lambics include cassis (blackcurrant), which adds an almost savory depth; druif (grape), which creates an interesting bridge between beer and wine; and more experimental additions like strawberry (Hanssens makes the only authentic strawberry lambic in Belgium, their Oudbeitje), apricot, and even rhubarb. We tried them all on our trip. The fruit variants all follow the same principle: real fruit, macerated in real lambic, with no added sugars, flavors, or sweeteners. Anything that shortcuts this process — using fruit syrup, adding sugar, pasteurizing — forfeits the right to the "Oude" designation, though not every producer honors that distinction.

Faro is a curiosity and a survivor from an earlier era. It's young lambic sweetened with Belgian candi sugar and sometimes spiced. Faro was once the everyday drink of Brussels. It is cheap, mildly sweet, low in alcohol, and meant to be consumed fresh. It nearly disappeared in the 20th century and has been revived in small quantities by a few producers (Boon, Lindemans, Timmermans). Faro occupies an odd position in the lambic world: it's traditional, but its sweetness puts it at odds with the purist ethos that drives the Oude Gueuze movement. It's the product the traditionalists had to save even though it looks a lot like the thing they were saving the tradition from.

A note on "Oud Bruin": This is a related but distinct Belgian sour style, not technically a lambic. Oud bruin (old brown, sometimes called Flanders brown) originates from East Flanders rather than the Senne valley, and while it shares some characteristics with lambic (sourness, complexity, aging in wood) it is produced by a different method. Oud bruin typically uses a mixed culture of yeast and bacteria (including Lactobacillus) rather than relying solely on spontaneous inoculation from the air. The result is a darker, more vinous, often more malty beer than lambic. Rodenbach, from Roeselare in West Flanders, is the most famous producer. Oud bruin is worth knowing about because it's the other great Belgian sour tradition, and consumers (especially American consumers) frequently confuse it with lambic. They're cousins, definitely not siblings.

The Crew

On my trip to Belgium, I was accompanied by a professional brewer who is well-versed in the production side of the industry. That added depth and opened doors all across the country. A fellow economist from my PhD program (a super-taster foodie with a master's degree in food science and a graduate of the Culinary Institute of America) currently resides in Brussels, where she and her husband acted as our gastronomic guides. (You may recall from my last post that I received some direction to visit certain chocolatiers in Brussels and Ghent; this was that director.) For a little personal history, I got my first experience in a sensory lab when we drove across Washington together to the Food Innovation Center in Portland to collect data for her dissertation. I later returned to run other experiments on my own. I had my first experience homebrewing beer (several batches) with them before they married.

Enough history. Back to Belgium. My friend laid out a list of top Lambic and Gueuze producers that we should visit before we built our map. The couple, who celebrated their 10th wedding anniversary during our visit, planned to walk and take public transit between breweries while we, the foreigners, bicycled from place to place.

The Festival Itself

The Toer de Geuze was first organized in 1997, when the six founding members of HORAL (Boon, De Cam, Lindemans, De Troch, 3 Fonteinen, and Timmermans) opened their doors to the public on the same weekend. The impetus came from Armand Debelder, the legendary blender behind 3 Fonteinen, who chaired HORAL for its first eighteen years and whose meetings, according to Frank Boon, were "evenings of creativity, and good ideas, and lots of stories" that ran past midnight with no formal agenda. The event has been held biennially since (expanded from one day to two in 2017), and the 2026 edition, on May 9-10, was the fifteenth and largest to date.

All fourteen current HORAL members participated in 2026: Boon, De Cam, De Troch, Den Herberg, Eylenbosch, Hanssens, Kestemont, Lambiek Fabriek, Lindemans, Mort Subite, Oud Beersel, Sako Brewery, Timmermans, and Gueuzerie Tilquin. Admission to every brewery is free. You buy beer by the glass or bottle at each stop, and you get there however you can: HORAL runs buses departing from Halle and Denderleeuw, or you bring your own car, or — as we did — you bicycle through the Pajottenland.

The Megablend. For each Toer de Geuze, HORAL commissions a special collaborative bottling: the HORAL Oude Geuze Megablend. The Megablend contains lambic contributed by all fourteen member breweries and blenderies, combined into a single gueuze. It's a symbolic product as much as a commercial one — a bottle that represents the collective terroir of the entire Pajottenland in one pour. The 2026 Megablend was released on "The Day Before" (May 8), at eleven locations across the region, giving serious beer tourists a reason to arrive early. At the first Megablend bottling in 2009, an enthusiast from Great Britain paid €300 for the first bottle. It has become a collector's item.

Who Doesn't Participate — And Why It Matters.

The most conspicuous absence from the Toer de Geuze is Brouwerij 3 Fonteinen, which left HORAL in January 2019. The departure is significant because Armand Debelder co-founded HORAL and created the Toer de Geuze itself. The stated reason was a divergence of values: 3 Fonteinen's business manager told Belgian Beer & Food that the company "can no longer find itself" sharing the direction of the organization, and from what I've read it seems that the disagreement centered on what counted as "traditional" lambic. Specifically, they had concerns that some HORAL members were producing beers that blurred the line between traditional and commercial.

The irony is hard not to see. The organization that Debelder founded to protect traditional lambic eventually included members whose production philosophy didn't align with his increasingly purist vision. 3 Fonteinen has since gone further than any other lambic producer in the direction of total vertical integration: as of the 2023/2024 brewing season, they brew 100% of their own wort (ending years of purchasing wort from Boon and others), and they became the first lambic brewery to use 100% Belgian-grown grain, coordinating directly with local farmers. In a landscape where most producers source at least some wort externally, 3 Fonteinen's position is a statement about control, provenance, and where the line should be drawn. Armand died in 2022 at seventy. Good Beer Hunting called him "Grandfather Geuze." His legacy includes not only 3 Fonteinen's extraordinary beers but the institutional architecture that protects traditional lambic. And it is an architecture he eventually left because he felt it wasn't pure enough. Today, 3 Fonteinen is arguably the most uncompromising lambic producer. Their Oude Geuze and their Intense Red (kriek) are among the most sought-after beers in the world. Whether their purism is a sustainable model or an expression of privilege afforded by market dominance is a question worth asking, and it is one that echoes the Trappist debate from my earlier posts and likely my future ones.

Brouwerij Girardin, another historically important producer, also left HORAL in 2019 and does not participate in the Toer. Girardin is the ghost in the lambic story: no website, no tours, no social media, no HORAL membership. Just exceptional beer. Their Gueuze 1882, named for the brewery's founding year, is considered by many aficionados to be among the finest gueuzes ever produced. You may wonder whether we got to sample it. We did, later on in Ghent. Girardin represents the extreme end of the anti-marketing spectrum: a producer that has survived entirely on product quality and word of mouth. Whether this is a viable long-term strategy or a luxury afforded by generational momentum is an open question.

Cantillon, the most famous lambic brewery in the world, is also not a HORAL member and does not participate in the Toer de Geuze. Cantillon operates its own open-door events (including Zwanze Day) and has always maintained institutional independence. More on Cantillon below.

The Transportation

Early Sunday morning, the final day of the two-day Toer de Geuze, we rose early having slept off our jetlag (we had arrived on Saturday), and boarded a train from Brussels to Halle. We had breakfast at a cute little bakery cafe, where a busy line mingled locals and beer tourists speaking a range of languages. The tourists were identifiable by their attire: craft beer shirts, dangling cameras, and a few obvious hangovers from Day 1.

Having missed the very short window to reserve seats on a Bus de Geuze, we decided that the better option was to bicycle the countryside. Mapping the route, most of the destinations were 8-10 km apart, which seemed reasonable if the weather was decent. We walked 15 minutes from the train station, through a canalside walking path, to a garage amid some warehouses to pick up our bikes from a man named "Gino." Our reserved bikes were electronic, which neither of us had experienced before (and must have overlooked when renting). Gino gave us the rundown, forced us to demonstrate our capabilities before entrusting us with his equipment, and asked us to share our plans. He said that until a few years earlier, he hadn't realized that Belgian beer was internationally revered. It was an interesting conversation to have with a local whose beer bar had clearly been set extraordinarily high merely by the default of place. He gave us his opinions on our map and suggested one to skip (directions we followed as much for time constraints as for the advice). And then we set off on our 5-km southward journey toward Boon.

The Ride: Brewery by Brewery

Stop 1: Brouwerij Boon (Lembeek, est. 1978)

Brouwerij Boon

If one person is responsible for the survival of traditional lambic, it might be Frank Boon. In 1975, at 21, Boon started blending lambic in a cellar in Halle using wort from Lindemans and Girardin. He also ran a beer distribution business on the side to fund his real ambition: buying the De Vits brewery in Lembeek, the town that gave lambic its name. (Lembeek once had 43 breweries using spontaneous fermentation. By 1975, De Vits was the last one.) He succeeded in 1978, and renamed the operation Brouwerij Boon.

The significance of Boon is twofold. First, his cellars now contain the largest supply of oak-stored lambic in the world: over one million liters. He is the infrastructure of the lambic world: Boon supplies wort to smaller blenderies (including, for years, Oud Beersel), sources and distributes the cherries many producers use for kriek (approximately 300,000 kg annually from Poland and Ukraine), and serves as a technical resource for the community. Second, Boon proved that traditional lambic could be produced with modern equipment and rigorous quality control without sacrificing authenticity. This proposition was initially resisted by purists, many of whom have softened over time. Boon's brewery has won six consecutive gold medals at the World Beer Cup, an unprecedented streak.

Frank Boon also served as chairman of HORAL from 2015 onward, taking over from Armand Debelder. His sons Jos and Karel have now joined the business. As we learned on site, Frank officially retired at the beginning of 2021, but he still lives next door and serves as a cooper (one who makes or repairs wooden beer casks). Apparently, that is a highly sought-after and rare talent these days. And even for the more industrialized Boon, the casks are repaired rather than replaced. Unlike the wine industry, where many casks only last 3-5 years (i.e., about 5 vintages), barrels or "foeders" are not replaced but repaired. It is important to the brewing process that the oak foeders are permanent, as they serve as living microflora ecosystems. Indeed, many of the breweries denote which barrels were used in a specific lambic or geuze's production directly on the bottle. Those microflora actually impact the beer at a micro-level. That specificity truly is a terroirist's dream.

When we arrived, the party was in full swing. Of the locations we visited during the day, Boon was by far the most prepared for the Toer. Wide open spaces, tents, a stage with bands, a guided brewery tour set up in the top of the brewhouse with lambic samples in the barrelroom. There is a slightly obstructed view of the Senne, the river that provides water to all the lambic breweries. Our guides greeted us with a kriek, and gave us a rundown of the tokens system for buying samples and memorabilia (separate tents selling redeemable tickets and tokens were the order of the day).

We started with the tour, which included both self-guided portions and experts to discuss aspects of the operation and history. Everything felt highly industrialized. No dirt, no dark corners outside of the barrelroom. Touring downstairs, we got to sample some lambic drawn directly from the barrels, a traditional sampling that started the day off just right.

Reflections: We started with two bottles. The first was the Geuze Mariage Parfait 10, a highly limited one-off 10th anniversary edition of their now-standard Mariage Parfait blend, coming in at a higher ABV (10% over the standard 8%). The second was the 2026 Megablend. For balance, flavor, and sippability, this year's Megablend resonated as top tier. It set the day's bar very high, and was a perfect beginning. It was clear from the beginning that my prior education in lambic was severely lacking. And also that American "sours" have little relation to the Belgians, where the yeast is king and the fruits are, well, fruit.

As a young band began playing brass-heavy arrangements of pop tunes, we made arrangements to meet up at a second brewery in a couple hours to allow transit time for those on foot. My brewer companion and I had one fortuitous stop to make in between. From Boon we rode about 8 km eastward to Dworp for Hanssens Artisanaal.

Stop 2: Hanssens Artisanaal (Dworp, est. 1871)

Hanssens Artisanaal

Hanssens is the oldest independent gueuze blender in the world. The story of how it became one is worth telling, because it illustrates how fragile the lambic tradition has been.

The Hanssens name entered the lambic world through a family quarrel. In the late 19th century, a brewery called Het Hooghuys in Dworp was operated by the Van Hemelrijk family. When Jozef Van Hemelrijk fell ill in 1888, he leased the brewery to his cousin Bartholomé Hanssens on a nine-year agreement to return it when Jozef's children came of age. Bartholomé didn't want to give it back. He was eventually forced out and had to find a new location. He opened the Sint-Antonius brewery in 1896 but broke with Dworp tradition by initially not producing lambic at all.

Then World War I happened. The German occupation stripped Belgian breweries of their copper equipment. Bartholomé lost everything he needed to brew conventional beer. Out of necessity, he turned to purchasing wort from other breweries, maturing it in barrels, and blending the resulting lambic. The Hanssens blending tradition was born from wartime destruction. Like morels from the ashes.

Today, Hanssens is run by Sidy Hanssens, daughter of Jean (the 4th generation). It is a tiny operation: neither Sidy nor her partner John makes a living from blending lambic; they both have day jobs. Production is minuscule. The blendery sits on the same family farm purchased by Bartholomé over a century ago. Hanssens was the first producer to use the protected "Oude Geuze" and "Oude Kriek" designations on their labels. They also produce Belgium's only authentic strawberry lambic (Oudbeitje) and a distinctive cassis lambic.

Hanssens sources its wort from other HORAL members (historically from Boon and Lindemans) and ages it in barrels that include some over a hundred years old. The resulting gueuze tends toward the more sour end of the spectrum: angular, complex, and unapologetically tart.

Reflections: Hanssens felt much less commercial, like a small brewery making space for an unusually large crowd. The interior space was fairly dark and crowded, even with a much smaller crowd than Boon. After bicycling, touring, and drinking for hours on a cup of coffee and a pastry, we were hungry and decided to pair some sausages with our geuze. I will not get into a "pairing" discussion now, but geuze has a world of potential. In any event, we sampled four products at Hanssens: an Oude Geuze, Oude Kriek, Cassis, and Framboos. The geuze had an unusual bite that I did not experience anywhere else throughout my travels.

In terms of character and brewery-specific flavor, Hanssens struck a chord for me. Perhaps their website captures my sentiment the best: "Lambic is the most wine-like and surprising of the beers; soft at the beginning, gradually harder and an unusually long aftertaste." Despite their long history, I had no experience of their product, and on a personal level they were the best "find" of the trip.

We stayed at Hanssens a little longer than intended, and once we heard from our guides that they had almost reached the next destination, we hopped on our bikes and took the lengthier route (more bike lanes preferred) 7 km north to Beersel.

Stop 3: Brouwerij Oud Beersel (Beersel, est. 1882 / revived 2005)

Brouwerij Oud Beersel

The Oud Beersel story is the lambic world's great rescue narrative. Founded in 1882 by Henri Vandervelden, the brewery passed through four generations of the family before closing in 2002. The fourth-generation owner, Danny Draps, couldn't sustain the business in a market that had largely forgotten traditional lambic.

The revival came from an unlikely source: Gert Christiaens, a 25-year-old beer enthusiast who discovered that Oud Beersel had closed while drinking his favorite Oude Geuze at Le Zageman, a Brussels beer bar. He couldn't bear the loss. Over nearly three years, he studied malting, brewing, and fermentation, and apprenticed under Henri Vandervelden himself, who transferred his family's brewing knowledge and blending art to his eventual successor. In November 2005, Christiaens and his friend Roland De Bus reopened the brewery.

The economic ingenuity of the revival is worth noting. To fund the restoration of traditional lambic production (which generates no revenue for at least a year while the lambic matures), Christiaens launched Bersalis (a non-lambic blonde tripel brewed under contract at Huyghe Brewery) and used the sales to cross-subsidize the lambic operation. This is vertical diversification as survival strategy: you sell the commercial product to pay for the traditional one. I will not dig into the taxation system for beer in Belgium here, but it is fascinating and warrants its own dedicated post.

Christiaens is now president of HORAL and one of the most articulate advocates for the lambic tradition. His wort is still produced at Boon (based on the original Vandervelden recipe), fermented and matured at Oud Beersel, and blended by Christiaens. The brewery has also reopened its historic Bierhuis (bar/taproom), which had been closed since 2002 and briefly served as a flower shop. Christiaens is also planting an orchard of 400 Schaerbeekse cherry trees near the brewery for future kriek production.

Reflections: Here's where I diverged from the crew. We tasted a handful of geuzes and fruit lambics, and while each member of the group had their favorites, nothing stood out to me. It was interesting to try grape, rhubarb, and others, and I'm glad for the stop, but nothing really resonated. Regardless, nothing could sour me on the day as even decent lambic is a lambic.

As the evening began to set in and a light rain began to fall, we realized that our bicycles were overdue and Gino might be getting antsy. We made a plan for one more brewery closer to our drop-off point and the train station, and we set off on the 7 km trip back west to return our bikes.

Stop 4: Brouwerij Den Herberg (Buizingen, café est. 2007, lambic brewing since 2018)

Brouwerij Den Herberg

Den Herberg is the newcomer and one of the most charming stops on the Toer. The name means "The Inn," and the origin story is appropriately informal. Bart Devillé and his wife Ann Heremans bought a vacant café and banquet hall in Buizingen in 2000, originally intending to use it as a storage facility for their family construction company. Bart had been homebrewing on repurposed soup kettles since the late 1990s. The building turned out to be a former café called De Gouden Lantaarn ("The Golden Lantern"), and the temptation to revive it was irresistible.

Café Den Herberg opened in February 2007. The brewery, assembled from scavenged equipment (old milk cooling tanks for the kettle and filter tub, mosaic tiles wherever they could find them), followed a year later. For the first decade, Den Herberg produced top-fermented beers (most notably not lambic). But the Pajottenland was in Bart's backyard, and the pull of spontaneous fermentation eventually proved too strong. In 2018, Den Herberg brewed its first lambic. Their first Oude Geuze was released in 2020. They were admitted to HORAL in 2022.

The family operation is literal: Bart is the master brewer, assisted by his sons Akke and Kloris (the latter also a trained pianist, and the brewery has a Pleyel piano propped against the wall between the bar and the brewing space). All seven of Bart and Ann's children have been involved at various points. The brewery also owns a farm in Lembeek with a seven-acre orchard of 400 Schaerbeekse cherry trees for future fruit lambic production.

Den Herberg won first prize from De Lambikstoempers (the lambic consumer organization) for best local lambic pub in 2018, the same year they began brewing lambic. The café is open seven days a week and has the feel of a neighborhood living room that happens to contain a brewery.

Reflections: Much like Beersel, this definitely felt like a place you'd go after work for a beer with friends. The alleyway was lined with tables, where we tasted the 2024 Toer de Geuze Megablend and an Oud Bruin Megablend from t'Verzet (the Flanders sour style described above), the latter of which was a memorable highlight outside of the traditional geuzes. Before departing, we couldn't resist a unique "flight" with our unguided tour of the brewery works. They were offering lambic tastings of aged lambic, each vintage from 1 to 7 years old. That was a truly wonderful experience and an excellent way to cap off a tour of lambic country. We all agreed that 5-6 was an ideal age for older lambic, with Year 4 being too light with a flavor akin to apple juice and Year 7 being over the hill.

The Boundary Debate and the Geography You Can Taste

So where are the lambic lines? The short answer is that they map directly on the Pajottenland. The more nuanced answer is that flavor draws the lines. Where the Senne feeds the brewers and the wild yeast creates the right taste, that defines Lambic Country (Lambiekland). Clearly from the disputes between 3 Fonteinen and the rest of the HORAL members, the definitions are unclear, and tensions over traditions and the future of lambic run high. One thing is for certain though. If you're not in Pajottenland, you're not making lambic. Outside that region, the "lambic-style" begins. And the tragedy of the terroir commons sets in. But there have been some moves in a positive direction.

The TSG designation protects the name "lambic," but as I mentioned above, the geographic question remains unsettled. What I learned at the Toer is that the unsettledness isn't a flaw in the system; it may be a feature. The microbiological terroir doesn't respect political boundaries, and the producers know it. The debate itself functions as a quality-control mechanism: it keeps people talking about what lambic is, which keeps them honest about what it isn't.

What struck me most was the variation within what is nominally a single product. A gueuze from one blender tasted nothing like a gueuze from another, even when both used wort from the same brewhouse. The barrels were different. The cellars were different. The microbial populations colonizing each barrel were different. This isn't like wine, where two vineyards on adjacent hillsides produce recognizably similar wines. In lambic, a hundred meters or a different barrel can mean an entirely different beer.

This is the strongest case for geographic specificity I've ever encountered in any food or beverage product. In wine, terroir is real but debatable — you can argue about how much is soil, how much is climate, how much is the winemaker's hand. In lambic, the geography is the production method. Remove the place and you remove the process. They are the same thing.

This micro-level specificity was on full display along our ride through Pajottenland. The best brewers can blend to the point that their annual offerings (vintages, sort of) match their signature style each year. Therein lies the art. Because everything in the spontaneous, wild fermentation process is working against them at every turn. Finding a signature style and maintaining it is nothing short of miraculous.

Cantillon: A Separate Day, A Different Story

Brasserie Cantillon cover Brasserie Cantillon coolships Brasserie Cantillon barrels and bikes

Brasserie Cantillon (Anderlecht, Brussels, est. 1900)

Cantillon deserves its own section not because it's better than the Pajottenland producers (that's a debate for another post) but because its story is different. Cantillon is a Brussels brewery, not a Pajottenland one. It's located in Anderlecht, near the Brussels-Midi train station, in the middle of a city rather than surrounded by farmland. And it survived by a strategy no business school would recommend: it became a museum.

Paul Cantillon and his wife Marie Troch founded the brewery in 1900. For the first 37 years, they didn't actually brew — they blended, purchasing wort from other breweries. The first brewing equipment wasn't installed until 1937-38. After the war, lambic's popularity collapsed. Consumers shifted to sweeter, mass-produced beers. (We'll talk a lot about this shift in future posts.) Brussels once had over a hundred breweries; by the 1970s, Cantillon was the last traditional lambic brewery left in the city. I read another short book about the changing beer landscape of Brussels: Eoghan Walsh's Brussels Beer City: Stories from Brussels' Brewing Past. Cantillon's significance comes into focus.

Jean-Pierre Van Roy, who married into the family and took over operations in 1969, made the decision that saved the brewery. In 1978, he founded the Brussels Gueuze Museum (Musée Bruxellois de la Gueuze) inside the working brewery — a "living museum" where visitors could walk through the coolship room, the barrel cellar, and the bottling line while production continued around them. The museum generated just enough revenue and attention to keep the brewery alive through the lean decades. Jean-Pierre later said: "In the past I almost had to break down doors to sell my beer, and now people are besieging Cantillon Brewery just to buy a bottle."

Jean-Pierre's son, Jean Van Roy, joined the brewery in 1986 and took over as brewmaster and owner in the early 2000s. Where his father was a strict traditionalist, Jean has pushed boundaries — experimenting with small-batch lambics using non-Belgian fruits (Finnish red currants, Danish bilberries) and exploring connections with French and Italian viticulture. Cantillon has also expanded its production facility by acquiring an adjacent building (the former Brasserie Limbourg, itself a defunct lambic blendery) and adopting organic raw materials since 1999.

Cantillon is not a member of HORAL and does not participate in the Toer de Geuze. It operates its own events, including the famous Zwanze Day (an annual global release event for an experimental one-off lambic). The brewery's independence from the Pajottenland collective is partly geographic (it's in Brussels proper, not the countryside) and partly philosophical. Cantillon has never needed the organizational framework that smaller producers benefit from. Its museum, its location near a major train station, and its decades-long head start on international recognition give it a self-sustaining brand that operates outside the usual lambic economy.

Reflections: The self-guided tour was excellent and the facilities provided an excellent portrait of a lambic brewery with each step clearly outlined and illustrated in real time. The tour ended with three samples: a fresh lambic draw, an oude gueze, and a kriek. The lambic was a highlight among gems. The yeast produced such a pleasant flavor and aroma that perhaps it set the bar too high for their other top-tier samples. It's no wonder they have survived.

Other Notable Producers

For completeness, here are a few other important names in the lambic landscape that I didn't visit on this trip but that any serious reader should know.

Gueuzerie Tilquin (Bierghes, est. 2009)

Pierre Tilquin founded Belgium's first new gueuze blendery in decades. A former bioengineering researcher, Tilquin brings a scientific rigor to blending that complements the intuitive approach of more traditional producers. His Oude Gueuze Tilquin à l'Ancienne has become one of the most widely available and consistently excellent traditional gueuzes on the international market. Tilquin joined HORAL in 2012, the first blender without an associated brewery to do so.

Reflections: We didn't visit the blendery, but we tasted their standard oude gueze at Moeder Lambic Fontainas, a stellar bar in downtown Brussels with a fairly deep lambic list. My next post will discuss the impact of cafes and their drink lists on access and consumer preferences, so we'll hold off here. The Tilquin brew was very drinkable, but not as yeast heavy as others.

Geuzestekerij De Cam (Gooik, est. 1997)

Founded by Willem Van Herreweghen, De Cam is a small blendery in Gooik run since 2009 by master blender Karel Goddeau. De Cam sources wort from other HORAL members and produces some of the most highly regarded gueuzes and fruit lambics in the region. Goddeau is widely considered one of the finest blenders working today.

Brouwerij Lindemans (Vlezenbeek, est. 1822)

One of the oldest continuously operating lambic breweries in Belgium. Lindemans straddles the commercial-traditional divide more overtly than most: their sweetened fruit lambics (Framboise, Pêche, Apple) are among the best-selling Belgian beers in the world and serve as many consumers' first encounter with "lambic," though purists (myself included) would object to the label. Lindemans also produces traditional Oude Gueuze and Oude Kriek under their Cuvée René line, which are excellent. The brewery hosted one of the main Toer de Geuze sites with live entertainment, food trucks, and a "Blend Your Own Gueuze" workshop. It's the most family-friendly stop on the circuit, but it's one we opted to forego.

Brouwerij Timmermans (Itterbeek, est. 1702)

By some accounts the oldest lambic brewery still in operation. Timmermans is now owned by the John Martin brewery group and produces a range of both traditional and commercial lambic products. Their Oude Gueuze is respectable; their sweetened Strawberry and Peach lambics are designed for a mass market. Timmermans represents the industrial end of the lambic spectrum. It's a producer that has survived for three centuries by adapting to whatever the market demands.

Brouwerij Mort Subite / De Keersmaeker (Kobbegem, est. 1686)

The name "Mort Subite" (French for "Sudden Death") comes not from the brewery but from a dice game played by regulars at the famous Café A La Mort Subite on Rue Montagne aux Herbes Potagères in central Brussels, a café that itself dates to 1910 and remains one of the city's great beer destinations. The brewery behind the brand is far older: the De Keersmaeker family has been brewing in Kobbegem since 1686, making it one of the oldest brewing operations in Belgium.

Mort Subite's position in the lambic landscape is instructive. Like Lindemans and Timmermans, it straddles the commercial-traditional divide. The brand is best known internationally for its sweetened fruit lambics (Kriek, Framboise, Pêche, Cassis), which are widely distributed and designed for accessibility: filtered, pasteurized, and sweetened with sugar. These are gateway products. They're approachable, fruit-forward, and recognizable to consumers who might never encounter an oude gueuze. But Mort Subite also produces traditional Oude Gueuze and Oude Kriek under its own label, which are well-regarded among enthusiasts if not as widely discussed as the offerings from Boon or Tilquin.

The brewery is now part of the Alken-Maes group, itself owned by Heineken. This places Mort Subite at the most corporate end of the lambic spectrum. It is a spontaneously fermented product owned by one of the world's largest beer conglomerates. The tension is familiar from the Godiva story in the chocolate post: the product's artisanal identity persists inside a multinational ownership structure. Whether the traditional Oude Gueuze benefits from Heineken's distribution muscle or suffers from association with the sweetened commercial line is a question the brand navigates constantly.

Mort Subite was a HORAL participant in the 2026 Toer de Geuze, hosting visitors at its Kobbegem site.

Reflections: While we again did not visit Mort Subite during our trip (though we discussed a visit beforehand), we did sample their product at one of the oldest Belgian pubs in Brussels, A L'Imaige Nostre-Dame. I'll spend more time discussing the pub itself in a future post, but I want to reflect here on the product. Mort Subite uses a decidedly different process in its production, incorporating closed tanks for cooled wort, drawing unsterile air from the Senne Valley to run over it. Whether it is that piece or more likely the incorporation of sugar, the resulting gueze is entirely different. While it may provide a gateway to the inexperienced guezeler, it was the only product that we left on the table unfinished during our entire trip.

Final Thoughts

If I'm struggling with one thing after my visit to Pajottenland, it is terminology. While the process of creating lambic and its subsequents is clearly almost identical to the brewing process for other beers, the result is something entirely different. In my estimation, the drink has as much in common with wine as beer. The flavor profiles, even without the fruit added, are far more complex than any traditional ale or lager. The acidity and depth provide unique notes that I have never experienced in a beverage outside of wine. So while this is certainly beer, it certainly isn't for the standard draft-drinker. As far as terminology, I don't want to call these producers "breweries." They're doing a lot more hands-on work and the product is more than a brew. Perhaps lambickeries or koelschiperies (denoting the "koelschip" or "coolship" that is the wide, shallow vessel used to naturally inoculate the beer with airborne wild yeasts and ambient bacteria prior to barrel fermentation).

Altogether, we likely sampled 40-50 lambics or derivative products during our trip. There are many excellent ones that I have failed to discuss in detail or provide tasting notes (3 Fonteinen, Lambiek Fabriek, and Brouwerij Girardin, among others). This trip has merely whet my palate. Perhaps in 2028 I'll work with some of my colleagues in the BEER section of AAEA to organize a group trip for the next Toer de Geuze. Or maybe I'll just go it alone. One thing is certain: I will be back to indulge again, packing a lot more experience for Round 2.

Next: the Belgian beer café as an information system and what a 200- (or 2000-)beer menu actually tells you.


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The Chocolatiers of Brussels and Beyond

Food EconomicsBelgiumGeographic Indications
Sainte Catherine Visit

I went to Belgium to study beer. But I suppose it is to be expected that I would come home thinking just as much about chocolate.

But on the very first morning of my Belgium tour, wandering through the Galeries Royales Saint-Hubert and the Sablon district in Brussels before the first brewery visit, I noticed some changes among the chocolatiers from my first trip to Brussels about 20 years ago. One of my favorites since that initial foray into real chocolate, Pierre Marcolini, has been marketing region-based sourcing for decades. But as we've seen with "fair trade," pioneered in the coffee industry and now common in the food and beverage sector, consumers are interested in more than just the geology of terroir.

Bean-to-Bar as Vertical Integration

The phrase "bean-to-bar" has become a marketing staple, but in Belgium it means something specific. A bean-to-bar chocolatier controls the entire production process: sourcing cacao beans directly from farms, roasting them in-house, refining them into chocolate, and forming the final product. Most chocolatiers (even famous Belgian ones) are "couverture" shops. They buy pre-made chocolate from industrial suppliers like Callebaut or Belcolade and work it into pralines and truffles. The craftsmanship is real, but it starts halfway through the supply chain.

The economic distinction matters. A couverture chocolatier is essentially a downstream processor. A bean-to-bar operation is vertically integrated — it controls the raw input, the transformation, and the retail output. In economic terms, it's internalizing transactions that most competitors outsource. The question is whether consumers can tell the difference, and whether they'll pay for it.

Before We Go Further: A Quick Vocabulary

If you're going to understand what's happening in a Belgian chocolate shop, and what you're actually paying for, you need a few terms. I'll keep this brief, but the vocabulary matters because each term maps to a different point in the production chain, and the economics change depending on where you enter it.

How is chocolate made? The short version: cacao pods are harvested, the beans are fermented and dried at origin (this step, which happens thousands of miles from Belgium, is where most of the flavor complexity develops). The dried beans are then roasted, cracked, and winnowed to produce cacao nibs. The nibs are ground into a paste called cacao mass (or cocoa liquor — no alcohol involved). From there, the mass is combined with sugar, cocoa butter, and sometimes milk powder, then "conched" (a process of continuous heating and mixing that can last hours or days, developing smoothness and flavor). The result is finished chocolate. Everything up to this point is manufacturing. Everything after is craft.

Couverture is the finished chocolate (i.e., the raw material that most chocolatiers actually work with). Couverture is produced by large manufacturers (Callebaut, Belcolade, Cacao Barry, Valrhona) and sold to chocolate shops in bulk. It arrives as buttons, blocks, or pellets, ready to be melted, tempered, and shaped. When a chocolatier buys couverture, they're entering the supply chain at the last stage. The roasting, conching, and blending decisions have already been made for them.

So what is this bean-to-bar concept? A chocolatier who starts with raw cacao beans and controls every step through to the finished product. This is the vertical integration model: sourcing, roasting, grinding, conching, tempering, molding, all in-house. It's rarer and more expensive, because it requires equipment, expertise, and direct trade relationships that most shops don't have.

In Belgium, the word "praline" means something entirely different from the pecan-and-sugar confection Americans know. (As a native Floridian, I used to relish the opportunity to get those crunchy gems at my favorite shop along the Georgia state line.) A Belgian praline is a filled chocolate — a molded or enrobed shell of tempered chocolate surrounding a filling. The term was essentially invented by Jean Neuhaus in 1912. The filling can be ganache, caramel, nut paste (praliné, confusingly), fruit, or virtually anything else. When you walk into a Belgian chocolate shop and see rows of individual pieces in a glass case, those are pralines.

Ganache. An emulsion of chocolate and cream, sometimes with butter, liquor, or flavorings. This is the most common praline filling and the one that best reveals the quality of the base chocolate — there's nowhere to hide. A ganache made with single-origin bean-to-bar chocolate tastes fundamentally different from one made with industrial couverture, and this is one of the few places where the consumer might actually detect the supply chain difference.

And of course, the truffle. Again, this has multiple meanings, depending on where you are. In Italy, as I am certain I will discuss at length in future posts, the truffle is a fungus that grows underground and is considered a gourmet delicacy. Certain types are among the most expensive foods on the market (think caviar and saffron). I have a complicated relationship with those subterranean treasures. Named for their resemblance to the fungi (not from any ingredient relationship), chocolate truffles have a ganache center, typically rolled and coated in cocoa powder, chopped nuts, or a thin chocolate shell. Less architecturally precise than a molded praline, truffles are the rustic cousin.

An "atelier" is simply the workshop or production space where a chocolatier works. In the context of Belgian chocolate, an atelier signals that the shop makes its products on-site rather than sourcing from a central factory. Like artisanal (of "artigianale" in Italy), it's an implicit quality claim. Unlike a DOCG stamp, nobody verifies it.

A Quick Note On Chocolate Types

All chocolate starts from the same place: cacao mass, the ground paste of roasted cacao nibs. What happens next determines the category.

Dark chocolate is the most straightforward: cacao mass plus sugar, and sometimes a small amount of cocoa butter and vanilla. The percentage on the label tells you how much of the bar is cacao-derived (mass plus any added cocoa butter) versus sugar. A 70% dark bar is roughly 70% cacao, 30% sugar. Higher percentages mean more bitterness, more complexity, and less sweetness. Dark chocolate is where the bean's origin shows most clearly, which is why single-origin bars are almost always dark.

Milk chocolate adds powdered or condensed milk to the mix, which softens the bitterness and produces the creamy, sweet flavor most consumers associate with the word "chocolate." The milk fat also changes the texture (smoother, more meltable). This is where the Swiss made their mark: Daniel Peter's 1875 breakthrough was figuring out how to combine chocolate with Henri Nestlé's condensed milk without the mixture seizing (more on that below). The higher the milk content, the milder the chocolate and the less the bean's origin matters. Milk chocolate is a blender's product. It rewards consistency over terroir.

White chocolate is the controversial one, and for good reason: it contains no cacao mass at all. White chocolate is made from cocoa butter (the fat extracted from the cacao bean during processing), combined with sugar, milk powder, and usually vanilla. It has the mouthfeel of chocolate — cocoa butter melts at just below body temperature, which is why chocolate dissolves on your tongue — but none of the flavor compounds that come from the roasted cacao solids. Many chocolatiers and purists don't consider it chocolate at all. Technically, it isn't. The EU and the U.S. both require a minimum of 20% cocoa butter for a product to be labeled white chocolate, but even that standard is generous in the eyes of traditionalists.

There are important economic implications. As you move from dark to milk to white, you move away from the bean and toward the additives. Dark chocolate is where provenance, single-origin sourcing, and bean-to-bar production have the most to offer and the most to charge for. White chocolate is essentially a dairy-and-fat confection wearing chocolate's name. The supply chain story is completely different, but the consumer often doesn't know that. It's the credence problem again: the word "chocolate" on the label does a lot of work that the ingredient list quietly undermines.

Chocolatiers and Confectioners: A Distinction That Matters

Walk through the Galeries Royales today and you'll see the word "chocolatier" on nearly every storefront. But this wasn't always the case, and the distinction between a true chocolatier and a confectioner (confiseur) tells you a lot about how Belgium's chocolate industry has evolved and how the economics of specialization created the market we see today.

A confectioner is a generalist of the sweet world. They work across sugar, caramel, nougat, marzipan, crystallized fruit, dragées, and yes, chocolate. But chocolate is one medium among many for the confectioner. The profession is ancient, rooted in the apothecary tradition where sugar was medicine and confections were prescribed. When Jean Neuhaus opened his shop in the Galeries Royales in 1857, he called it a pharmacy-confectionery. He sold cough drops, licorice, and medicinal sweets alongside his chocolate-coated pills. He was a confectioner who happened to use chocolate, not a chocolatier in the modern sense.

A chocolatier, by contrast, is a specialist. The term implies that chocolate is the primary medium — the raw material around which the entire craft is organized. A chocolatier tempers, molds, enrobes, and fills. The skill set is narrower but deeper: understanding cocoa butter crystallization, managing humidity and temperature, developing flavor profiles within the constraints of a single base ingredient. Where a confectioner's training spans the full pastry and sugar arts, a chocolatier's expertise is vertical rather than horizontal.

The shift from confectionery to chocolaterie in the Galeries Royales mirrors a broader economic pattern: specialization as a market signal. As Belgian chocolate developed a global reputation in the 20th century, the word "chocolatier" on a storefront became a credibility marker. It told the consumer that this shop does one thing and does it seriously. Confectioners still exist, of course, and many excellent chocolate shops sell marzipan and caramels alongside their pralines (Mary, Leonidas, and Pierre Marcolini, to name a few). But the branding has tilted decisively toward specialization. In the Sablon and the Galeries, you are a chocolatier. The generalist label has been, in economic terms, devalued by the specialist one.

This is the same dynamic I see in wine. A winery that makes twenty varietals signals breadth; a winery that makes three signals depth. The consumer reads specialization as quality, whether or not the correlation actually holds. In the Galeries Royales, the confectioners became chocolatiers not necessarily because they stopped making other sweets, but because the market rewarded the narrower label.

The Houses: A Brief Economic History

Belgian chocolate isn't a monolith. The major houses represent fundamentally different business models, production philosophies, and relationships to scale, and their histories read like a compressed case study in the economics of luxury goods. Here are the ones worth knowing, roughly in the order they shaped the industry. I visited many of the historically relevant houses on my trip, and a handful of others that I will discuss after. I have denoted those where I stopped and tasted chocolate with a "*" and included my personal reflections at the bottom those respective subsections.

Neuhaus (1857)*

Neuhaus Visit

Every conversation about Belgian chocolate starts here, in the Galeries Royales Saint-Hubert. Jean Neuhaus was a Swiss immigrant of Italian descent whose family name was originally Casanova. When the family relocated to Switzerland, they translated the name to its German equivalent: Neuhaus, which literally means "new house." (It's hard not to smile at the fact that the entire Belgian chocolate tradition traces back to a Swiss-Italian man named Casanova who reinvented himself.) He came to Brussels to study medicine, failed twice (allegedly because he couldn't stand the sight of blood) and opened a pharmacy instead, in the Galerie de la Reine, where he began coating medicines in chocolate to make them palatable. His grandson, Jean Neuhaus Jr., made the leap that created the entire industry: in 1912, he replaced the medicine inside the chocolate shell with a flavored filling. The Belgian praline was born.

Neuhaus's wife, Louise Agostini, contributed the second crucial innovation: the ballotin, the elegant box with a ribbon that repackaged chocolate from a loose commodity sold in paper cones into a luxury gift item. The ballotin didn't change the product. It changed the market. Chocolate went from something you bought by weight to something you presented in a box. This was a shift from consumption good to gift good, with all the pricing implications that entails.

Today, Neuhaus holds a Royal Warrant and operates over 1,500 points of sale in 50 countries. All production remains in Vlezenbeek, near Brussels. They are a couverture house (recall that means they do not roast their own beans) but their fillings, molds, and recipes are proprietary. The original boutique in the Galerie de la Reine is still open. It is, in a very real sense, the room where modern Belgian chocolate began.

Reflections: This was my second guided stop in the Galeries Royales. She pointed out some important features of the building and walked through the history, which I rigorously dug into after the fact, of course. During my previous trip to Belgium, when I was visiting a friend who worked in EU Parliament (where I got the opportunity to visit back then), I was advised to avoid this chocolatier as the quality did not warrant the high price. That long-held anchor set in as I was approached with a sample that I reflexively turned down. Moments later I went back and said in my broken French that I'd changed my mind. And what a good decision that was. The sample was a dense chocolate praline (a "bonbon" in shop-specific language). While I tend to shy away from milk chocolate (and deeply despise white "chocolate"), this particular praline stood out among others I tasted at Neuhaus. There was a very light grit, a texture that added immensely to the soft bite of shell and ganache, blended together seamlessly. My other Neuhaus samples paled in comparison, though none were objectionable. The shop's pricing was around twice as much per kilogram of chocolate (around 108 euros) as the lowest-price Leonidas (around 48 euros).

Côte d'Or (1883)

Founded by Charles Neuhaus (no relation to Jean), Côte d'Or was named for the Gold Coast of Africa (present-day Ghana) where the company sourced its cacao. The brand built its reputation on a higher cocoa content than competitors and a distinctively intense flavor profile. Its elephant logo, introduced in 1906, became one of the most recognized food brand marks in Belgium.

Côte d'Or's significance is more industrial than artisanal. The company pioneered large-scale chocolate bar production in Belgium and helped establish the infrastructure — the tempering techniques, the distribution networks, the retail pricing norms — that the boutique chocolatiers would later build upon. Côte d'Or democratized Belgian chocolate, making it a mass-market product while maintaining quality standards that exceeded most international competitors.

The economic story here is about what happens when a premium national product gets acquired by a multinational. In 1987, Côte d'Or was bought by Kraft Foods (now Mondelēz International), a company to which I have long-standing family ties. Production remained in Belgium, but the brand's identity shifted from national icon to global portfolio asset. For economists, it's a case study in brand equity transfer: Mondelēz bought Belgian provenance as much as it bought a recipe.

Leonidas (1913)*

Leonidas Visit

Leonidas Kestekides was a Greek confectioner (born in Anatolia, in what is now Turkey) who had worked in Italy and the United States before settling in Belgium after winning a bronze medal at the 1910 World's Fair in Brussels for a chocolate-covered fruit jelly. He won gold at the 1913 World's Fair in Ghent and opened his first tasting shop shortly after.

Leonidas occupies a unique position in the Belgian chocolate landscape: it is premium but accessible. Of the chocolate shops I visited, Leonidas had the lowest per-kg prices on their chocolates by a large margin. The company operates over 1,000 points of sale worldwide and has always positioned itself as a democratic luxury — high-quality pralines at prices that don't require a special occasion. The business model depends on volume, freshness (Leonidas famously emphasizes that its pralines contain no preservatives and are meant to be consumed quickly), and a franchise system that keeps overhead low.

The economic contrast with Neuhaus and Marcolini is instructive. Leonidas competes on price-to-quality ratio rather than exclusivity. It uses 100% pure cocoa butter and natural ingredients, but it doesn't market origin stories or single-origin sourcing. The signal is "Belgian quality at an honest price." This positioning serves a fundamentally different consumer segment than the Sablon boutiques.

Reflections: I have never really been a big Leonidas fan, so when this was my guide's first stop I suffered a brief wave of regret. In a second strike, she suggested trying their white chocolate (my bitter -- or rather intolerably sweet -- enemy). I need not have worried. In fact, she developed her own reputation from that moment forward as I tasted and rather enjoyed a white chocolate praline with a coffee filling. To take it a step further, that might be my favorite bite I've tasted from Leonidas over the years. Who would have guessed?

Mary (1919)*

Mary Visit Mary Visit

Mary Delluc was, by most accounts, the first prominent woman chocolatier in Belgium. She founded her house in 1919 and quickly earned the favor of the Belgian royal court. The Royal Warrant followed, and Mary became the chocolatier to the palace — a designation that functions as the ultimate third-party quality endorsement in a monarchy.

What makes Mary interesting from an economic standpoint is the brand's deliberate resistance to scale. The company has remained small, exclusive, and rooted in Brussels. The packaging and shop design have barely changed in a century, which functions as an authenticity signal. The visual language says "we don't need to modernize because the product hasn't changed." Mary is the anti-Godiva: a brand that equates size with dilution and has built its entire value proposition on restraint. (The Trappist parallel nearly writes itself, or it will do when I get to that in a couple weeks.)

Reflections: Mary has one of the most interesting histories of any of the Belgian chocolatiers. They use single-origin cacao and make excellent pralines and hand-rolled truffles following traditional recipes handed down over the company's history. And those truffles did not disappoint. One standout was a champagne-rose truffle, which satisfied my palate on multiple levels. I typically steer away from alcohol-chocolate combinations when I'm trying to focus on the chocolate. Whiskey barrels don't always play nicely with the bitterness of good chocolate. The dual intensities leaves both lacking. It's a sort of "clash of the tannins." But not in this case. The balance was stunning, and with it Mary won herself a place in my list of solid Belgian chocolatiers through taste rather than merely history.

Godiva (1926)

Pierre Draps Sr. began making pralines in his home workshop in Brussels in 1926. His sons, including Joseph Draps, built the brand around the legend of Lady Godiva: courage, boldness, a willingness to make a statement. The first boutique opened on the Grand Place, and the Royal Warrant arrived in 1968.

But Godiva's story is really a story about what happens to a Belgian chocolate brand when it goes global. The company was sold to Campbell Soup Company (yes, you read that right - eat your heart out Andy Warhol) in 1974, then to Turkish conglomerate Yıldız Holding in 2007. Today Godiva is headquartered in New York and operates in over 100 countries. Production has been partially shifted outside Belgium. The brand has diversified into coffee, biscuits, and convenience-store chocolates.

For economists, Godiva is the AB InBev of chocolate: a brand born in Belgian artisanal tradition that scaled into a multinational by leveraging its origin story while gradually untethering from its origin. The question of whether Godiva is still "Belgian chocolate" in any meaningful sense is the same question that hovers over Budweiser as "American beer." The label persists; the production reality has shifted.

Wittamer (1910)

Henri Wittamer opened his bakery on the Place du Grand Sablon in 1910. The family never fully transitioned from pâtisserie to chocolaterie. Wittamer is still a bakery that makes extraordinary chocolate, rather than a chocolate house that happens to sell pastry. This makes them an outlier in the Sablon, where every other major name has adopted the chocolatier label.

The Wittamer breakthrough came in 1999, when the family was invited to create the wedding cake for Prince Philippe and Princess Mathilde (now King and Queen of Belgium). The Royal Warrant followed, and the brand's international visibility exploded. But the business remained small. One location, family-run, unfranchised.

Wittamer is a useful case study in the economics of the hybrid model. By straddling the line between pâtisserie and chocolaterie, they've avoided the specialization pressure that pushed most Sablon competitors into the chocolatier identity. Whether this is a strategic advantage (broader product line, multiple revenue streams) or a branding liability (consumers don't know what category to put you in) probably depends on the decade.

Pierre Marcolini (1995)*

Pierre Marcolini Visit

And then we have Marcolini: the disruptor. Born in Charleroi to a family of Italian origin, he trained as a pastry chef, won the World Pastry Championship in Lyon in 1995, and opened his first atelier in Kraainem that same year. The first boutique appeared in the Sablon in 1997. But the pivotal year was 2001, when a new EU directive permitted vegetable fats other than cocoa butter in chocolate — a change that Marcolini saw as a threat to quality. His response was to go upstream: he became one of the first Belgian chocolatiers to adopt a fully bean-to-bar model, sourcing beans directly from farms in Madagascar, Venezuela, Ecuador, Cuba, and elsewhere, and roasting them in-house.

Marcolini now operates over 60 boutiques in more than 10 countries, holds a Royal Warrant, and markets his pralines under a "Grands Crus" system borrowed directly from wine: single-origin tablets that foreground the provenance of the bean. He uses terms like "terroir" and "cru" without irony, and his branding is explicitly modeled on the wine GI framework.

Reflections: This is the house that most directly connects to everything I write about in this blog. Marcolini is applying geographic indication logic to a product that has no formal GI system. He's building the quality signal himself — through vertical integration, origin labeling, and a personal brand that functions as a one-man certification body. Whether this model is scalable, sustainable, or replicable by others is exactly the kind of question that makes food economics interesting.

I cannot narrow my tasting experience at Pierre Marcolini to a single flavor or sensory evaluation. Indeed, I have indulged far to much. This chocolatier has evolved over the last few decades. Some of my favorite flavor combinations have disappeared, replaced by others, but their pure chocolate remains top-tier.

During my visit to Brussels back in 2005, I was entirely won over by Pierre Marcolini's upfront, region-based sourcing model. A good argument could be made that this first sparked my interest in terroir in markets outside the wine industry, and perhaps even initiated my research focus. Thank you, Pierre.

Cashing In on the Collective Reputation

Belgium has roughly 2,000 chocolatiers and over 320 dedicated chocolate shops. This density is unmatched anywhere in the world. The chocolate and confectionery production sector counts about 480 firms, a number that has actually declined at about 1.7% per year since 2020, even as market revenue has grown. This consolidation story is similar to what we see in markets in the U.S. and all over the globe: smaller operations are closing or being absorbed while the surviving firms capture more revenue per firm. The Belgian chocolate market is worth approximately €7.1 billion, but the gains are concentrating at the top.

New shops still open regularly, especially in tourist-heavy zones like the Sablon, the Grand Place, and central Bruges. Many don't last. The economics are brutal: high rent, perishable inventory, a seasonal demand curve that spikes around Christmas, Easter, and Valentine's Day and sags through the summer. A new chocolatier in the Galeries Royales or along Bruges' Katelijnestraat is betting that the collective reputation of "Belgian chocolate" will carry enough foot traffic to sustain a boutique-scale operation. And sometimes it does. But often it doesn't. The industry's declining firm count tells the story that the storefronts mostly don't.

Meanwhile, that collective reputation has become a globally portable brand. And not just by Belgians. American chocolate companies routinely use "Belgian-style chocolate" or "made with Belgian chocolate" on their packaging, leveraging the national provenance as a quality signal even when the product has no meaningful connection to Belgian production methods, except in the fact that all chocolate owes to Belgium. This is the GI problem in microcosm: "Belgian chocolate" isn't a regulated designation. There are no production standards that must be met, no certification body that verifies global compliance, no legal consequence for misuse. (Belgium does require a minimum 35% cocoa content for products sold domestically as chocolate, a standard dating to 1884, but this doesn't apply to foreign products using the Belgian name.) Any American candy bar can call itself "Belgian-style" and capture a price premium from the association. It's "artigianale" all over again: an unregulated credence claim trading on someone else's reputation.

Side Note: The Eternal "Rivalry" Between Swiss and Belgian Chocolate

Walk into any room of food enthusiasts and ask whether Swiss or Belgian chocolate is better, and you'll start a debate that generates more heat than light. But the economic distinction is real and worth understanding.

A 2025 YouGov survey across 17 countries found that 39% of global consumers name Swiss chocolate as their top preference, compared to 28% for Belgian. Swiss chocolate leads in brand recognition, driven largely by Lindt, Toblerone, and the century-long association between Switzerland and milk chocolate. The Swiss advantage is historical: Daniel Peter invented milk chocolate in 1875 using Henri Nestlé's condensed milk, and Rodolphe Lindt developed the conching process in 1879. Switzerland got there first, and the "Swiss chocolate" brand has compounded ever since.

But the two traditions are doing fundamentally different things. Swiss chocolate is defined by its consistency: the long conching times, the Alpine milk, the emphasis on smoothness and melt. The Swiss model is industrial precision applied to a luxury product. Lindt and Toblerone are engineering achievements as much as culinary ones. Belgian chocolate is defined by its variety: the praline tradition, the emphasis on fillings and flavor combinations, the sheer density of small-batch producers working in different styles. Belgian chocolate tends to be darker (higher cocoa content), less sweet, and more focused on the craft of the filled piece rather than the bar. Where Switzerland excels at consistency and smoothness, Belgium leads in creativity and complexity.

One can draw an economic parallel to wine. Swiss chocolate is Bordeaux: branded, blended, globally consistent, institutionally prestigious. Belgian chocolate is Burgundy: fragmented, artisanal, producer-driven, endlessly varied. Neither is "better." They're optimizing for different things.

For American consumers, the distinction is further muddled by the fact that both traditions have been partially absorbed by multinationals. Toblerone is now produced partly outside Switzerland. Godiva is owned by a Turkish conglomerate and headquartered in New York. The national labels persist; the production realities have shifted. Sound familiar?

Beyond Brussels: Some of the Shops I Visited

Belgian chocolate is often presented as a Brussels story, centered on the Galeries Royales and the Sablon. But some of the most interesting work is happening in Antwerp, Bruges, and Ghent — smaller cities with their own chocolate traditions and, in some cases, their own quality-control mechanisms.

Atelier Sainte Catherine (Brussels, est. 2013 under a different name)*

Sainte Catherine Visit Sainte Catherine Visit

Technically in Brussels but outside the tourist core, Atelier Sainte Catherine sits in the Sainte-Catherine quarter along the Quai aux Briques, away from the Grand Place and the Sablon. The shop was born from the workshop of Frederic Blondeel, a bean-to-bar pioneer who launched his roasting operation in 2013. After Blondeel's departure, the remaining team continued under the new name with a sharpened concept: "Pur Chocolat d'Origine" — single-origin chocolate where the percentage on the label refers to total cocoa bean content with nothing else added to the cocoa mass. They now operate three Brussels locations, including a Sablon outpost and a tearoom.

What makes Atelier Sainte Catherine interesting from an economic perspective is the purity claim. Most chocolatiers add cocoa butter, sugar, lecithin, or vanilla to their chocolate. Atelier Sainte Catherine strips those additions away, letting the bean speak for itself. This is the ultimate credence attribute: the consumer is paying for the absence of additives, which is even harder to verify than their presence. It's a bet that transparency and restraint can function as a quality signal in a market saturated with complexity.

Jitsk (est. 2009 in Antwerp, with a Brussels outpost called BS40)*

Antwerp Jitsk Visit Brussels BS40 Visit

Jitsk Heyninck is one of the younger-generation chocolatiers reshaping the Belgian landscape. His primary atelier and shop are in Antwerp, inside the De Koninck brewery complex on Boomgaardstraat. This location itself tells a story about the convergence of craft beer and craft chocolate, though De Koninck itself was bought out by Duvel Moortgat in 2010. The Brussels outpost trades under the name BS40 (short for Boterstraat 40, or Rue au Beurre 40 in French — Butter Street), situated on a block absolutely packed with chocolate shops near the Grand Place.

Jitsk's philosophy is explicitly anti-spectacle: "No superfluous spectacle, just love for the product. I want 100% taste and most of all, honest products." The pralines feature creative but disciplined flavor combinations: blackcurrant and black pepper, rosemary and sea salt, gin and tonic. They are a darling of the travel guides; Fodor's has called Jitsk's macarons arguably the best in Brussels. The pricing is notably reasonable for the quality level, which is itself a positioning choice: Jitsk is competing on value rather than exclusivity, slightly closer to the Leonidas model than the Marcolini model, but with an artisanal production scale and prices still on the higher end.

Sukerbuyc (Bruges, est. 1977)*

Sukerbuyc Visit

Sukerbuyc is one of Bruges' oldest artisanal chocolatiers (now approaching its golden jubilee) and is currently run by Elise Van Oost, the third generation of the family, alongside Chef Kristoff Deryckere. The shop started with a modest 25 kilos of handmade chocolate per week and now produces around 1,000 kilos weekly. Gault & Millau has recognized Sukerbuyc among the finest chocolatiers in Belgium and Luxembourg. Their tearoom, De Proeverie, sits across the street on Katelijnestraat, offering a tasting extension of the shop.

What's most interesting about Sukerbuyc in the context of my research is the quality-control system it operates under. Bruges has something that Brussels and Antwerp do not: a Guild of Bruges Chocolatiers (Gilde van de Brugse Chocolatiers). This is a voluntary association of chocolatiers who commit to producing their pralines and chocolates by hand within the city of Bruges. Guild members display a distinctive seal in their shop windows. This is a certification mark that tells tourists, in a city with over 50 dedicated chocolate shops, which ones actually make their products on-site and which are retail fronts for factory-produced chocolate imported from elsewhere.

The Guild functions as a localized, informal GI system. It's not a government designation. It carries no legal force. But it potentially solves a real information problem: Bruges is flooded with chocolate shops, many of which sell mass-produced product under artisanal branding. The Guild seal tells the consumer which shops are doing the work themselves. In a city where tourism drives the market and most customers are one-time visitors with no repeat-purchase opportunity to learn from experience, that signal has genuine economic value. It's the Belgian beer café bartender in label form — a trust intermediary reducing information asymmetry at the point of sale. That said, the model only works if tourists understand what the labels mean.

Chocolaterie Van Lerberge (Ghent, est. 1953)*

Van Lerberge Visit

Van Lerberge sits outside Ghent's historic center on the Kortrijksesteenweg. It's a residential neighborhood location that tells you immediately this is a locals' shop, not a tourist destination. It has a very neighborhood feel. Indeed, when I visited, there were a few locals picking up treats from a friend, for a friend. Founded in 1953, Van Lerberge is a third-generation family operation (now run by Christophe Eeckhout) that produces artisanal pralines, seasonal chocolates, and confectionery. They also do corporate gift baskets, which is a significant revenue stream for Belgian chocolatiers outside the tourist zones.

Van Lerberge represents the vast middle of the Belgian chocolate economy: the hundreds of small, family-run shops that don't have international name recognition, don't appear in travel guides, and don't practice bean-to-bar production, but produce excellent couverture-based pralines for a loyal local clientele. In fact, I only heard about them from a foodie PhD friend of mine who I visited in Brussels at the beginning of my trip (introductions in later posts). These shops are the shops most vulnerable to the consolidation trend. They compete not against Marcolini or Neuhaus but against the supermarket chocolate aisle and the convenience of online ordering. Their survival depends on something that's hard to scale: a personal relationship with a neighborhood.

The Information Problem, Again

This connects to everything I've been writing about. A praline in a gold box from a famous house and a praline from an artisan shop around the corner may contain identical base chocolate from the same industrial supplier. The consumer has no way to know. This is the credence attribute problem from the wine posts — you can't taste the supply chain.

Belgian chocolate has no equivalent of the DOCG or PDO system. There's no regulated designation that tells you whether the chocolate was made from bean in-house or arrived as pre-tempered couverture on a pallet. The phrase "Belgian chocolate" itself is essentially unregulated — it signals a national tradition rather than a production method.

The bean-to-bar movement is, in effect, trying to create a quality signal from scratch, without institutional backing. Whether that signal will stick, or whether it'll go the way of "artisanal" and "craft" — words that have been diluted into meaninglessness in other industries — is an open question.

The Terroir Commons

So is "Belgian chocolate" all about the branding? No. Is it all about the quality? Also no. Consumers are awash in information. Some Belgian chocolatiers seek to make supply-chain information more transparent, and others hide their lower-quality products under the regional umbrella. It is the same collective reputation problem we see across the range of regionally branded food and beverage products: limited capacity for consumers to process information, those who would seek to aid and those who would seek to exploit. I haven't run across a specific term for this yet, but this sort of reputational arbitrage deserves one. Perhaps "the terroir commons," where everyone is grazing on the same reputation. A collective reputation around a region is a public resource to be sure (specifically if it is unprotected), but the more we nibble away and the more diffuse the information becomes, the less valuable it is to everyone.

Final Chocolate Thoughts

As I look back at how long this post has become and realize how much there is still to talk about (pricing structure based on histories and supply chains, shop location and quality, and a million others), it strikes me that one could become a chocolate economist exclusively. There are so many untapped areas to research, so much data to gather and parse. I'm still just scratching at the margins of indulgence.

Next: 30 lambics in a day, and the question of where a beer region really ends.


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The Monks Who Don't Want to Grow

Beer EconomicsBelgiumGeographic Indications
Belgium preview

Tomorrow I'm flying to Belgium. The itinerary includes Trappist monasteries, a biannual lambic festival, and as many brewery visits as I can fit into ten days. My friends think this is a vacation, but perhaps my colleagues know me better. It's qualitative fieldwork. Though I admit the fieldwork may involve a fair amount of drinking.

I've been thinking about this trip for months, and I want to use this post to lay out what I'm going to look for, because the questions are the same ones that run through everything I write here. They're questions about growth, geography, and the economics of restraint.

The Trappist Problem

There are fewer than a dozen Trappist breweries in the world that carry the Authentic Trappist Product label: six in Belgium, two in the Netherlands, and the rest scattered across Western Europe (stay tuned in September for a planned visit with one of the youngest in Italy). The designation requires that beer be brewed within the walls of a Trappist monastery, under the supervision of the monastic community, and that profits go to the monastery's charitable works rather than to shareholders.

From a traditional economic perspective, this is bizarre. These breweries make some of the most sought-after beer on the planet. Westvleteren XII routinely appears on "best beer in the world" lists. The demand is enormous. The supply is, by design, tiny. At Westvleteren, you have to phone the abbey and arrange a pickup time. There is zero distribution. There are no exports. The monks brew exactly as much as they need to fund their monastery, and not a liter more.

In any economics textbook, a firm facing excess demand at its current price should expand output, raise prices, or both. The Trappists do neither. They hold production flat, keep prices modest, and let the secondary market absorb the surplus demand. (Westvleteren has appeared on eBay for up to ten times the price on site at the abbey.) This isn't a market failure. It's a deliberate rejection of the market logic that my discipline treats as axiomatic. And it fits the broader context of my work, where winery owner-operators are not necessarily pure profit maximizers as mainstream theory would predict. It's hard to put small-scale beer and wine producers in a one-size-fits-all box.

I want to see the Trappist tradition up close. I want to understand the decision architecture — not just the theological rationale, but the operational one. How do you manage a production facility when the objective function isn't revenue maximization? What does the cost structure look like when labor is monastic? How do the monks think about quality control when they have no competitive pressure to maintain it?

Why Economists Should Care

The standard economic interpretation would frame the Trappist model as irrational, or at best as a nonprofit maximizing a different objective function — spiritual fulfillment, community stability, whatever goes in the utility function when profit doesn't. And that's partly right. But I think it misses something deeper.

The Trappists have figured out something that most firms learn too late: scale is a quality risk. The moment you expand production to meet demand, you start making decisions that optimize for volume. You need more raw materials, which means less selectivity. You need more labor, which means hiring outside the community that developed the product's identity. You need distribution, which means ceding control to intermediaries. Each of those steps is individually rational and collectively corrosive. We see exactly this in the craft beer industry. As costs increase and demand starts to dwindle, we're seeing many small breweries consolidating or closing up shop. Those who ramp up production to take advantage of those scale economies or sell out to larger companies, like AB InBev and Tilray Brands, often sacrifice quality for survival, alienating their initial base of purists in favor of more casual drinkers.

Regarding the Trappists, this is the logic of geographical indications turned inside out. In wine, GI systems try to protect quality by regulating how and where a product is made. The Trappists protect quality by regulating how much. The constraint isn't geographic; it's volumetric. And it works precisely because the monks are willing to leave money on the table.

Lambic: What I'm Most Excited About

The first half of the trip centers on lambic — and honestly, this may be the part that has me most excited as a researcher.

Lambic beer is spontaneously fermented. Instead of adding cultivated yeast, brewers expose hot wort to the open air and let the wild microorganisms of the Senne valley do the work. The specific blend of wild yeasts and bacteria that colonize the beer exist in a particular landscape: the Pajottenland, the stretch of farmland southwest of Brussels. They live in the rafters of old breweries, in the orchard air, in the microbiology of a specific terroir. You cannot replicate them in a laboratory. You cannot move them to another region. The geography isn't a label or a marketing story. It is literally an ingredient.

This makes lambic one of the purest cases of terroir in the fermentation world — arguably purer than wine, where the winemaker exercises considerable control over the process. A lambic brewer sets the conditions and then waits. The land, the air, and the microbes do the rest. The result takes one to three years to mature, and the blender's art lies in combining barrels of different ages into a balanced gueuze. But branding around this yeast terroir has consistently lagged behind that of wine and even spirits, where the geography-quality connection is far more tenuous.

The EU has granted lambic a Traditional Specialty Guaranteed (TSG) designation, and there have been ongoing debates about tightening the geographic boundaries. The question is familiar from wine: how do you draw the line? If the microorganisms are the defining ingredient, the "region" is wherever those organisms live — which may not correspond neatly to any political or historical boundary. I'll be attending a festival where producers from across the Pajottenland gather, and I want to hear how they think about this. Where does lambic end and "lambic-style" begin?

The West Tennessee Connection

I realize Belgian monks and wild yeast might seem far from my day job in Martin, Tennessee. But the questions are the same ones I work on at home. What makes a product belong to a place? When does scaling up destroy the thing that made a product valuable? How do you build economic value in a region without extracting the character out of it?

These are live questions in West Tennessee, where small producers (from craft breweries to specialty meat operations) are trying to figure out how to grow sustainably without losing what makes them distinctive. The Trappists offer one model: don't grow. Lambic offers another: let the place itself be so embedded in the product that growth beyond the region is literally impossible.

Neither model translates directly. But both illuminate something that gets lost in the standard economic prescription to scale: sometimes the constraint is the value.

I'll report back from the field in two weeks, likely with tasting notes in hand.


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When the Dollar Store Is the Only Store

Food AccessRural EconomicsRegional Development

I've spent the first two posts of this blog talking about wine — geographic designations, trade policy, the informational architecture of a $18 bottle of Chianti. I promise I'll return to all of that, and next week I'll be writing from Belgium, beer in hand. But this week I want to talk about the other end of the food economy. Not the indulgence but the infrastructure.

When I moved to Martin, Tennessee to begin my academic career, there were four traditional grocery stores: Priceless Foods, E.W. James & Sons, Ruler Foods, and a large Wal-Mart. Fast forward eight years and only Wal-Mart and Ruler remain. Drive through West Tennessee — Weakley County, where I work, or nearby Obion, Lake, or Crockett, to name a few — and you'll see a pattern. The small-town grocery store is gone or going. In its place, often literally in its place, is a Dollar General. Sometimes two. In some towns, the dollar store is now the primary place to buy food.

This is not a story about corporate villainy, not exactly. Dollar General isn't doing anything illegal or even unusual. It's following a perfectly rational business model: small footprint, low overhead, shelf-stable inventory, locations in underserved markets that larger retailers won't touch. From a pure market-entry standpoint, it's textbook. And for many rural consumers, a dollar store is genuinely better than nothing; it sells milk, eggs, canned goods, and basic staples at prices that undercut what a small independent grocer can offer.

But "better than nothing" is a low bar. And new research, including work by my UTM colleague Chuck Grigsby-Calage and his co-authors at the University of Florida, is beginning to quantify what happens on the other side of that trade-off.

The Study

Grigsby-Calage, along with Conner Mullally and their colleagues, published a study in the American Journal of Agricultural Economics asking a deceptively simple question: when a dollar store opens in a neighborhood, does food access get better or worse?

The answer, as is usually the case in economics, is "it depends." In most places, the arrival of a dollar store had no measurable effect on grocery access. But in urban neighborhoods that had only a single grocery store to begin with, the opening of a dollar store was associated with a measurable decline in food access. The effect grew with each additional dollar store that opened in the same area. And the impact was concentrated in neighborhoods with larger Black populations, limited vehicle access, high reliance on public transportation, and high poverty rates.

The mechanism is straightforward: dollar stores don't replace grocery stores, but they can undercut them just enough to push a marginal grocer out of business. A full-service grocery store operates on razor-thin margins (typically 1 to 3 percent net profit). It carries perishable inventory, employs more staff, and needs a larger customer base to break even. A dollar store needs none of that. When the dollar store siphons off enough of the shelf-stable and household goods revenue that the grocer depends on to subsidize its produce section, the math stops working. The grocery store closes. And now the dollar store, which was never designed to be a primary food source, is the only store left. Healthy options disappear, often for the most vulnerable populations.

What This Looks Like in West Tennessee

I run the Economics and Business Innovation Lab at UTM, and a significant part of our work involves regional economic analysis in the counties surrounding Martin. The USDA defines a food desert as a low-income area where residents live more than 10 miles from a supermarket. By that measure, parts of West Tennessee qualify. But the federal definition, useful as it is, misses something important: it treats food access as a binary. You're either in a food desert or you're not.

A town with one grocery store and two dollar stores is in a fundamentally different position than a town with one grocery store and no dollar stores, even if neither technically qualifies as a food desert. The question isn't just whether people can get to food. It's what kind of food, at what cost, and what the downstream effects are on health, on household budgets, on the economic viability of the town itself.

This is where the grocery store problem becomes a regional development problem. A grocery store is more than a place to buy food. It's an employer. It's a reason to drive into town, where you might also stop at the hardware store or the pharmacy. It's an anchor tenant in the most literal sense. And when it closes, the other businesses on that block become more vulnerable. The loss can cascade.

Small organizations promoting local farmers markets and access to fresh produce can help. The Northwest Tennessee Local Food Network, headed by Sam Goyret and Caroline Ideus, organizes our local farmers market in Martin, connects small farmers with schools and other outlets for their produce, and conducts educational outreach. That work matters. But it is a minor salve for a larger wound in the food supply chain.

The Indulgence Gap

I called this blog Marginal Indulgence because I'm interested in the economics of the things we consume for pleasure: wine, cheese, craft beer, a good meal. But indulgence is a privilege that depends on infrastructure. You can't choose between a $11 Chianti and a $18 Chianti Classico if your town doesn't have a wine shelf. You won't think about terroir if you're driving 20–30 miles for fresh produce.

The gap between a community that has food choices and one that doesn't isn't just about income. It's about market structure, about the conditions that allow a grocery store to survive, a farmers' market to take root, a local food economy to function. And those conditions are shaped by the same economic forces I study in wine markets: information, regulation, competition, and the geography of where things are produced and sold.

This is the "place" part of food, drink, and place. It's less glamorous than a Tuscan vineyard, but it's the same discipline. And for the communities I work with in West Tennessee, it may be the part that matters most.

Next week: dispatches from Belgium; Trappist breweries, lambic festivals, and what happens when geography and fermentation collide.


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The $7 Difference

Wine EconomicsGeographic IndicationsConsumer Behavior
Wine bottles on display

Geographical indications are one of my key areas of interest, and they'll come up often in this blog. Consider this a primer (and maybe a bookmark) if you plan to follow along.

There's a wine shop near my house (or rather just over the state line) where you can buy two bottles of Chianti. One costs $11 and the other costs $18. Same grape: Sangiovese. Same region: Tuscany. Same basic winemaking tradition stretching back centuries. So what's the $7 difference?

Last week I wrote about the decline in European wine exports to the U.S. That shift was driven by tariff uncertainty, front-loaded imports, and what looks like a genuine erosion of market share. But trade statistics are aggregates. They tell you that less wine is crossing the Atlantic Ocean at lower prices. They don't tell you why a particular consumer reaches for one bottle instead of another, or what's actually encoded in the price she pays.

That's a different question, and it starts at the shelf.

What You're Paying For

The $18 bottle carries a Denominazione di Origine Controllata e Garantita. That DOCG designation means that (1) the grapes were grown in a legally defined zone, (2) the wine was made according to specific production rules, and (3) an independent body verified compliance. The $11 bottle is a broader appellation with fewer restrictions, a larger production area, and less specificity about where and how. The U.S. has a similar system using American Viticulture Areas (AVAs; think Napa, Sonoma, and Columbia Valley), which involve similar regional requirements but less rigid oversight (more on that in future posts).

What you're paying for, in economic terms, is information. The designation reduces your uncertainty about quality. It signals something credible because a regulatory framework backs it up. It's not just a winemaker's marketing copy, but a system of geographic delimitation, production standards, and third-party certification that has legal teeth.

This is what economists call a credence attribute. Unlike the color of the wine (which you can see) or the taste (which you can evaluate after buying), the provenance and production method are things you mostly have to take on faith. Geographical indications exist to convert that faith into something verifiable. One of the most daunting aspects of wine for new consumers is precisely this uncertainty: you don't know the quality of what you're about to buy, you may not be able to judge it while you're drinking it, and by the time you've finished, the bottle is empty and you don't know what you should think. Geographical indications establish a trust infrastructure that eliminates some of those concerns, or at least tempers them.

The Gap Between Label and Glass

Here's where it gets interesting. Whether the wine tastes $7 better is an entirely separate question, and the research on this is humbling. In blind tastings, the correlation between price and perceived quality is shockingly weak. Trained panels do somewhat better, but ordinary consumers? They're essentially guessing. Some studies have found a slightly negative correlation between price and enjoyment when the label is hidden.

But put the labels back on and everything changes. The correlation between price and reported satisfaction becomes strong and positive. Brain imaging studies show that identical wine activates more pleasure-associated neural activity when subjects are told it's expensive. The label doesn't just describe the experience. It changes the experience. The information is part of the product. It is wrapped up not only in the sensory world, but also those of culture and identity.

This is not an argument that geographic designations are a scam. In fact, it is the opposite. It's an argument that they are doing exactly what economic theory predicts: providing a credible quality signal in a market plagued by asymmetric information. The fact that the signal also shapes subjective experience makes it more powerful, not less. You enjoy the wine more because you trust where it came from. That trust has a price, and the market has figured out what it is.

Why This Matters Beyond Wine

I keep coming back to geographical indications because they sit at the center of almost everything I study. They're about information economics, consumer behavior, trade policy, rural development, and cultural preservation all at once. The same logic that explains the $7 gap between two Chiantis also explains why Parmigiano-Reggiano commands a premium over generic Parmesan, why Cinta Senese pork costs three times as much as commodity pork in Siena, and why the EU fights so aggressively to protect GI designations in trade agreements.

It also connects directly to the export story from last week. When European wine loses ground in the American market, the pain isn't distributed evenly. Conventional, commodity-tier wines (the ones competing on price with California, Chile, and Australia) take the biggest hit. But wines with strong geographic branding, the ones whose labels do the most informational work, tend to be stickier. The designation provides a moat, if you will. Not an impenetrable one, but enough to matter.

That's the margin again. The $7 difference isn't just a price gap. It's a measure of how much credible geographic information is worth in a market full of noise. And right now, in a trade environment defined by uncertainty, that kind of clarity has never been more valuable.

A Note on Beer...

Beer follows a very different model, where styles and sensory elements often take precedence over geographical indications. When I travel to Belgium in the coming weeks, we'll visit some Trappist breweries and a biannual lambic festival where geography still holds sway.


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A Billion Euros and a Bad January

Wine EconomicsTrade PolicyEuropean Union
Wine glass shattering

European wine exports to the United States fell 11% in January 2026 — down to about €1 billion, a loss of roughly €127 million compared to January a year earlier. Italian wine got hit even harder: exports dropped nearly 19% in value, with shipments to the U.S. cratering by more than a third. The European Commission's latest Agri-Food Trade Monitor tells a story that anyone paying attention to the transatlantic wine trade already suspected was coming, but the numbers still sting.

I read reports like this differently than most people do. I don't just see a headline about trade decline. I see a natural experiment — messy, uncontrolled, playing out across thousands of decisions made by importers, distributors, restaurateurs, and consumers in real time. I see price signals and substitution effects and information asymmetries tangled up with politics and tariff threats and the peculiarities of how wine moves across borders. I see, in other words, economics.

That's what this blog is about.

Who I Am and Why I'm Writing This

I'm an economist at the University of Tennessee at Martin, where I hold an endowed chair in free enterprise and entrepreneurship and direct something called the Economics and Business Innovation Lab. My research sits at the intersection of applied microeconomics, food and agriculture, and consumer behavior — which is a formal way of saying I study why people pay what they pay for the things they eat and drink, and what happens to markets when the rules change.

I also happen to care a great deal about wine. And beer. And cheese, and cured meats, and the way food systems are embedded in the places that produce them. This isn't a hobby that runs parallel to my academic work — it is my academic work. I've published on how regional wine designations affect prices. I'm currently studying geographic indication price transmission for heritage meat products in Tuscany. In a few weeks I'm heading to Belgium to visit lambic breweries and Trappist abbeys, and this fall I'm taking my family to Siena for a semester where I'll be teaching wine economics and food marketing while living inside one of the world's most storied food cultures.

So when I read that European wine exports to the U.S. dropped by €127 million in a single month, I don't experience it as an abstraction. I think about the Chianti producer I met outside Siena whose entire export strategy depends on the American market. I think about the importer in New York trying to decide whether to absorb a tariff or pass it through. I think about the consumer in Nashville staring at a shelf where the $14 Sangiovese she used to buy now costs $18, and whether she'll switch to something from Paso Robles instead.

Back to January

Here's what makes the January 2026 numbers particularly interesting — and particularly tricky to interpret. A big part of the year-over-year decline isn't really a decline at all. It's a hangover.

In early 2025, importers rushed to bring European wine into the U.S. ahead of anticipated tariffs. Euronews reported that U.S. imports of Italian sparkling wine surged 41% in November 2024 alone, far outpacing consumer demand, as importers stockpiled inventory against an uncertain policy environment. Industry data showed U.S. wine imports up 8.6% in Q1 2025 — a bump widely characterized as strategic front-loading rather than genuine demand growth. That front-loading inflated the January 2025 baseline. So when you compare January 2026 to that artificially high number, the drop looks more dramatic than the underlying demand shift probably warrants.

Sources: European Commission, EU Agri-Food Trade Monitor (January 2026); WineNews reporting on Istat data; Euronews / AP reporting on Union of Italian Wines trade data (February 2025).

This is a classic problem in economic measurement: the comparison period matters enormously, and policy uncertainty doesn't just change behavior in the future — it changes behavior now, which distorts the data you'll use later to figure out what happened.

But strip away the base effect and there's still a real story here. Volumes to the U.S. fell 16%. Prices fell 19%. That combination — less wine moving at lower prices — suggests something beyond a timing adjustment. It suggests that European wine is genuinely losing ground in the American market, at least at the margin. The question is whether that's a temporary response to trade policy noise or the beginning of a structural shift.

I have my suspicions, but I'll save those for future posts. What I will say is this: wine is one of the most interesting products in all of economics. It's an experience good — you can't fully evaluate it until you consume it. It's a credence good — much of what you're paying for (terroir, tradition, regulatory compliance) you have to take on faith. It's wrapped in layers of geographic branding, cultural signaling, and regulatory architecture that vary enormously across countries. And it's subject to trade policy decisions made by people who, in many cases, don't drink it.

What to Expect Here

I'm calling this blog Marginal Indulgence because it captures exactly where I live, professionally and otherwise. In economics, "marginal" means the next unit — the next dollar, the next bottle, the next decision at the edge. That's where the interesting action happens, not in grand theory but in the small choices that aggregate into markets. And "indulgence" is the subject matter: wine, food, beer, cheese, the things we consume not just for sustenance but for pleasure, for culture, for identity. The margin is where a Chianti becomes a Chianti Classico, where a farmstead cheese becomes an artisan product, where a small-town brewery decides whether to distribute beyond the county line. Every one of those transitions is a marginal indulgence — one more degree of care, specificity, or cost that someone decided was worth it.

Expect short posts — maybe 800 words, maybe fewer — about the economics of food, drink, and place. I'll write about wine, obviously, but also beer, regional food systems, geographic indications, entrepreneurship, and whatever catches my attention at the grocery store, in a trattoria, or in a dataset. Some posts will connect to my published research. Some will be dispatches from the field — Belgium this spring, Siena this fall. Some will just be me thinking out loud about why a gelato costs what it costs in Florence versus Siena, or what happens to a rural Tennessee county when its only grocery store closes.

I'll try to write the way I wish more economists would: clearly, without jargon, and about things that actually matter to people who eat. Which is everyone.

Welcome to the indulgence.


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