Sunday, March 06, 2011

The energy emperor's ethanol wardrobe looks mighty bare | The Examiner | Op Eds | Washington Examiner
The ethanol program is efficient only at bidding up corn prices for U.S. farmers while it creates inefficiencies in the agricultural and energy markets that are likely many times larger than the subsidies given to corn farmers.

The time has come for someone to declare that the emperor has no clothes and end the ethanol program altogether.

Gary Wolfram is the William Simon Professor of Economics and Public Policy at Hillsdale College.

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