In Eastern Europe, when someone dies, the custom is to drape mirrors in the house with black muslin or a dark sheet. According to folklorists, this is done so that the deceased, who is believed to wander through his or her house for nine days saying goodbye to friends and family, will not be frightened when he or she cannot find his or her reflection in the mirror. While it is easy to scoff at such superstitious customs, there is much to learn from them. The draping of the mirrors is a vivid metaphor, but it is also useful when it comes to making a counterintuitive point: namely, little systematic attention has been paid to the role of economic preferences, markets, and the pace of development in shaping Quebec's nationalist objectives and strategy. And it is this failure to comprehend the impact that economics, from a microscopic and macroscopic level, has had on ‘nation-building’ and, more concretely, on the October 30th referendum (where in answer to the question “Do you agree that Quebec should become sovereign, after having made a formal offer to Canada for a new Economic and Political Partnership, within the scope of the Bill respecting the future of Quebec and of the agreement signed on June 12, 1995?”, 49.5 percent of Quebeckers voted ‘Yes’) that is tantamount to a ‘draping of the mirrors,’ of providing an incomplete explanation about the bases of Quebec's nationalism.