The stupidest policy on the face of the Earth

The Economist has a great cover story about the rising price of food, a main reason for which is a U.S. policy that supports the development of ethanol made from corn (the rise of Asia is another major factor, but that’s a good thing). Read the piece for the full account of what is going ...

By , a former managing editor of Foreign Policy.
597723_071207_inflation_05.gif
597723_071207_inflation_05.gif

The Economist has a great cover story about the rising price of food, a main reason for which is a U.S. policy that supports the development of ethanol made from corn (the rise of Asia is another major factor, but that's a good thing). Read the piece for the full account of what is going on and why it is so dangerous, but in the meantime, ponder this graphic:

The Economist has a great cover story about the rising price of food, a main reason for which is a U.S. policy that supports the development of ethanol made from corn (the rise of Asia is another major factor, but that’s a good thing). Read the piece for the full account of what is going on and why it is so dangerous, but in the meantime, ponder this graphic:

Blake Hounshell is a former managing editor of Foreign Policy.

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