Tuesday, June 4, 2013


I just read this great Washington Post editorial that argues that restricting the labor market by keeping out immigrant workers is inconsistent with free market principles and is bad for the economy.
Stephen Moore talks about surveying the top 75 economists on their views on immigration and 9 to 1 are in favor of immigration as good for the economy, with even Milton Friedman, a very conservative economist saying that both legal and illegal immigration has a very positive impact on the U.S. economy.
I liked this part the most: "It is ironic that the right-wingers who argue against protectionism, against the minimum wage, against unions (which inflate wage rates) and against Obamacare want to keep domestic wages artificially high by restricting the labor market (e.g. keeping out immigrant workers). That effort is not only inconsistent with free market principles, but, according to stacks of research, it also is empirically dubious."
Yes, the anti-immigration reform politicians rely on dubious data and "research" to support their position where the evidence points in the other direction. 

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