Single malt whiskey is a bit of a snip form of snobbery. I think there are non single malt scotches that are quite drinkable. There's no water because they switched it off and made sure they couldn't put out the fire. And so this is a fabulous example of how when property rights are insecure, sometimes you don't get the best outcomes.
Scholar and distiller Sonat Birnecker Hart of the Koval Distillery talks with EconTalk host Russ Roberts about her career move from academia to whiskey-making. She explains that the heart is the key to great flavor--when making whiskey, and when making the right choices in life.