The same oil that fried your potatoes might have fueled your airplane. Correctly processed, biofuels made from used cooking oil burn 80% cleaner than fossil fuels. Just add to that the incentive of US…
Demand and Supply: The Ethanol Mandate
Several years ago, when former Treasury Secretary Lawrence Summers walked past me, I stopped him with a question. “What is the most important economic idea to teach my students,” I asked. …
Pork Problems
Announcing the cancellation of this year’s bacon eating contest, Major League Eating (“the world body that governs all stomach-centric sports’) said, “We cannot, in good consc…
The US Drought and Pizza
Discussing the impact of this summer’s drought on pizza, Stephen Colbert said, “It is one thing for global warming to make the sea levels rise but nobody told me it could make my cheese le…