From a reader:

besides eliminating the tariff on ethanol from Brazil, people should be asking why we donโ€™t eliminate tariffs and quotas on sugar, so we could just produce ethanol from sugar here instead of letting them make it in Brazil while weโ€™re at it, letโ€™s eiliminate tariffs on all crops and practice what we preach about free markets for a changeโ€ฆ

Me: At some point Iโ€™ll delve deeper into this, but I must say that one of my instinctive problems with ethanol is that I think agribusiness is legalized prostitution in many respects and this just opens the door to vast amounts of new legal corruption and rent-seeking which is ultimately bad for the consumer, bad for poor countries and bad for the environment.

Update: Okay, okay โ€œprostitutionโ€ isnโ€™t the perfect word, but you get me.