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[One thing in the daily news] most worth noting right now is the economic blowback set in motion by the US government's attempt to bolster its faltering petroleum-driven economy with ethanol. As corn and other grains get diverted from grocery stores to gas tanks, commodity prices spike, inflation ripples outward through the economic food chain, and the possibility of actual grain shortages looms on the middle-term horizon. More than twenty years ago, William Catton pointed out in his seminal classic Overshoot that the downslope of industrial society would force human beings to compete against their own machines for dwindling resource stocks. His prediction has become today's reality.
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