{"id":2486,"date":"2006-08-08T08:47:55","date_gmt":"2006-08-08T08:47:55","guid":{"rendered":"http:\/\/zmetro.com\/?p=2486"},"modified":"2006-08-08T08:47:55","modified_gmt":"2006-08-08T08:47:55","slug":"the_politics_of_1","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=2486","title":{"rendered":"The Politics of High Fructose Corn Syrup and  Does it Make You Fat?"},"content":{"rendered":"<p><a href=\"http:\/\/www.marginalrevolution.com\/marginalrevolution\/2006\/08\/hfcs_and_the_su.html\">Alex Tabarrok<\/a>: <\/p>\n<blockquote><p><i>I don&#8217;t know whether High Fructose Corn Syrup (HFCS) acts more like fat than does sugar (compare <a href=\"http:\/\/www.washingtonpost.com\/ac2\/wp-dyn\/A8003-2003Mar10?language=printer\">here<\/a> and <a href=\"http:\/\/www.parsintl.com\/pdf\/11824-NYT-CornRefiners.pdf\">here<\/a>) but it&#8217;s worthwhile pointing out that HFCS is a child of the sugar quota.  The import quotas raise the US price of sugar well above the world price (~24 cents per pound compared to ~9 cents per pound) and encourage consumption of HFCS.  Reflecting this fact, the main defenders of the sugar quota are no longer Florida sugar growers but rather mid-West corn growers.<\/i><\/p><\/blockquote>\n<p>The HFCS business is a cartel &#8211; prices are the same, change quarterly on the same day and enjoy, as Tabarrok points out, subsidies.   Years ago, working in the water and juice industry, I sent a letter to the <a href=\"http:\/\/www.usdoj.gov\/atr\/\">anti-trust division<\/a> complaining about this.   A lawyer deep in the bowels of the justice department phoned me and said that &#8220;as long as <a href=\"http:\/\/en.wikipedia.org\/wiki\/Bob_Dole\">Bob Dole<\/a> is active on this issue, nothing will change&#8221;.  I assume someone has replaced Dole as a friend to the corn processors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alex Tabarrok: I don&#8217;t know whether High Fructose Corn Syrup (HFCS) acts more like fat than does sugar (compare here and here) but it&#8217;s worthwhile pointing out that HFCS is a child of the sugar quota. The import quotas raise the US price of sugar well above the world price (~24 cents per pound compared [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,9,17],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2486"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2486"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2486\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}