From WSJopinion: A misguided government mandate made America the world’s largest producer of alcohol. Now misguided regulation prevents the surplus from being used for hand sanitizer, write Jim Doti and Laurence Iannaccone.
One of the few everyday consumer items still not available at most stores is good old rubbing alcohol. Unlike the toilet paper shortage caused by irrational hoarding, the coronavirus pandemic has greatly increased the actual need for germ-sanitizing alcohol.
What makes the shortage particularly frustrating is that the U.S. is, by far, the world’s largest producer of alcohol. That distinction is a result of the Energy Policy Act of 2005, which required fuel producers to blend four billion gallons of corn ethanol into their...
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