Eliot Janeway

By combining agricultural and industrial alcohol with gasoline, the nation’s fuel producers could reduce consumption of crude oil and keep the gas pumps working. An economic analyst here explains how the process works, and wonders why the government, the oil companies, and auto-makers have resisted such an obvious cure to a national problem.

High interest rates have failed to stabilize our currency. But the United States can heal the ailing dollar if we take a lesson from our hard-bargaining allies.