What can a beloved, sugary holiday treat teach us about trade protectionism, overseas farm subsidies, inflation and inelastic demand? Turns out, quite a bit. Today, we trace how sugarcane from Louisiana becomes a hand-spun, red-and-white-striped delight at a New Jersey candy shop — and learn a thing or two about economics along the way. But first: The Senate leaves for a holiday recess without any approved aid for Ukraine or Israel.