inamerrata

So, let’s just ignore the problem of working out what sort of sliding scale should be used. We’ll propose that (a) it should be non-decreasing, and (b) it’s set by colleges in response to market forces. It can be linear, flat, exponential, polynomial, logarithmic, whatever. But what it does have to be is set, and […]

Apparently affirmative action is done in the US, at least in places, by reserving places at colleges for minority students; which has the effect of letting underqualified students take the place of qualified students. That’s the first point. The second is the thesis that currently intrigues me: that prices and markets are the best way […]