Government Subsidies of the Absurd Kind!

From the esteemed BBC, we have S Koreans offered cash for no sex.

Male workers who vow to stay away from prostitutes after year-end celebrations in South Korea are to be rewarded.

The Ministry for Gender Equality is offering cash to companies whose male employees pledge not to pay for sex after office parties.

Men are being urged to register on the ministry's website. The companies with most pledges will receive a reward.

Officials say they want to put an end to a culture in which men get drunk at parties and go on to buy sex.

But some critics have described the move as a waste of money.

Any smart person would both take the money, and then go on to behave just as they preferred before the money was given.

No disincentives to behaving badly, and an enormous incentive to lie.

What would you expect?

If you wanted to learn economics in a nutshell, this example is it!