Fuel vs. Food.

The recent tax cut bill, rushed through at the close of 2010, extends a 45 cent per gallon subsidy for including ethanol in fuel. A recent NPR article discusses how this policy affects the price of food.

NPR: Fuel vs. Food

As an economics professor, I find the article woefully void of supply and demand graphs. If this bothered you too, checkout my newest 'PenCast'

To effectively view the PenCast below, click on the orange button on the top to go to full screen, then click the curvy arrow button on the bottom to rotate the view.

ECO 120: Supply Demand Ethanol
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