Thursday, November 10, 2011

The Invisible Hand

Negative consequences often accompany public policy. For instance, black markets are formed when the government regulates the price of a product with a price ceiling that is lower than the market price would be without the regulation. This means there are more consumers who would buy the product at the regulated price than there are products being produced at that price. The same could be said of regulations such as Title IX. The government needs to regulate the creation of monopolies; if men are using monopolistic practices to keep women out of the field of computer science, that needs to be addressed and fixed. Outside of that, no regulations should be put in place to even out the number of men and women in the computer science field because that would replace people who want to be in the field and are good at it with others who aren't as interested and do not contain the skill set to be in the field.

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