Anne Warnke, Chapter 8, Question #7

For the past few years, I can't remember a time I didn't hear that ethanol was "the" economic alternative to gasoline, and I heard it so much I started to believe it with actually hearing the facts. Heck, I even walk to a movie theater near my house and there's an add about why ethanol is the right alternative. So I find it so interesting that it has gone so long in the media without any mention of the long term harmful qualities it brings, both environmentally and what subsidies would do to the economy. I also question then if the political candidates who support the ethanol subsidies even know this.  Having an economic understanding of the world I'm starting to realize can actually be so beneficial and important.