This is just another way our government interferes with progress and hurts us all. Hayek was a genius.
article at link above.Burning Dinner
Government’s scheme to fill gas tanks leaves stomachs empty.
by Timothy P. Carney
The “fatal conceit” that Friedrich Hayek wrote about—the hubristic belief that intelligent central planners can better advance the common welfare than can people acting freely—is often used as an analogy or, at least, an overstatement. In the case of ethanol, however, it is literal: by pushing this fuel on us, governments could be starving people to death.
As food prices worldwide shatter records, a quixotic campaign has been launched on the Left and the Right to roll back the government programs that force ethanol upon the American population. Other countries, too, are rethinking programs that turn plants into fuel. The lobby to defend ethanol subsidies and mandates is entrenched—agribusiness, some venture capitalists betting big on government action, and certain hawkish conservatives hoping to end our dependence on Arab and Venezuelan oil. But with corn futures topping $7 a bushel, riots over food prices erupting around the world, and landscapes in the U.S. changing forever, political support for this subsidized moonshine may be on the wane.
This much is clear: burning food for fuel threatens people’s ability to eat.
Ethanol is alcohol squeezed and distilled from agricultural products. In the United