From my colleague Steve Landsburg’s Armchair Economist:
In the United States farmers are routinely paid to leave land uncultivated, whereas nobody would think of paying motel operators to leave rooms vacant.
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Jun 3rd, 2012 by wintercow20
[…] Economics. Imagine That Renewable Energy Receives 82X More in Tax Preferences Than Fossil Fuels, Adjusted for Output Quote of the Day […]
Ethanol subsidies have caused a lot of those set-aside acres to be cultivated. Why do we continue to put ethanol into gasoline?
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