Elyse Melling, Ch 8, Question 6

In chapter eight, the part I found to be most interesting involved the subsidies of ethanol. I found it particularly interesting how Wheelan talked about how, although people in Chicago do not farm corn, a major component of ethanol, they still have to pay to subsidize ethanol. This is a small scale example of how economics works. Although you may not produce a specific item, corn in this instance, you might still be required to pay for its production.