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Comment by gwern

No, it doesn't. Maple syrup is a minor luxury, easily substituted by other things like jam or honey. Consumers are better off with lower average syrup prices, not propped up by a government cartel, even if those prices have somewhat higher variance: when the price is high, people just substitute away and eat less maple syrup, no big deal. (It's not a necessity like air or water or housing.) If the variance is a big deal for various commercial players like IHOP, then they can just deal with producers directly or someone can set up a futures market, like everything else.
parent gwern 2 years ago

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