Against Tulip Subsidies - LessWrong
I. • Imagine a little kingdom with a quaint custom: when a man likes a woman, he offers her a tulip; if she accepts, they are married shortly thereafter. A couple who marries sans tulip is considered…
x Against Tulip Subsidies — LessWrong Economics and Efficiency Economics Personal Blog 65 Against Tulip Subsidies by Scott Alexander 6th Jun 2015 9 min read 9 65 I. Imagine a little kingdom with a quaint custom: when a man likes a woman, he offers her a tulip; if she accepts, they are married shortly thereafter. A couple who marries sans tulip is considered to be living in sin; no other form of proposal is appropriate or accepted. One day, a Dutch trader comes to the little kingdom. He explains that his homeland also has a quaint custom involving tulips: they speculate on them, bidding the pri
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