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Economics of Immigration

Economics of Immigration
Glenn Loury, professor of Economics at Brown University, poses a very interesting point on immigration. While there is little to no evidence that immigration is actually doing any harm whatsoever to job availability for documented, legal citizens - what would this country look like if we had no illegal immigrants?

As he said, employers would become so desperate for labor, they just might have to raise pay, lobby against people jailed for inane reasons, and provide funding for education. In other words, employers would have to invest in their country.

But in a world where income and standards of living are so inequal, would that be fair? The illegal immigrants come over to the wealthier countries, take up the jobs nobody else will take, and bring that money back to their home country. This of course bolsters their economy.

What do you think? Should legislation force employers to invest in their own country, or should the richer nations help out the rest of the world?



Posted by: Miche    Source


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