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The Many Unintended Consequences of Biofuel Subsidies

04/09/2008

Over at Reason, I make the argument that biofuel subsidies are making beer -- yes, that all important, all-American brew of choice -- more expensive. But that's not all their doing. As this NYT editorial today points out, they're also making food, which, no matter how much you love beer, is a wee bit more important, more expensive in third-world countries.