Senators Tom Cotton (R-AR) and David Perdue (R-GA) recently introduced the Reforming American Immigration for Strong Employment (RAISE) Act. If it were to become law, RAISE would cut legal immigration by 50 percent over the next ten years by reducing green cards for family members of U.S. citizens and lawful permanent residents, slashing refugees, and […]
U.S. policymakers cannot base their estimates of how refugees will impact the labor market on the situation in Germany. Labor market institutions in the United States are better equipped to handle an influx of new workers.
The introduction of low-skilled immigrants frees up time for native workers to improve their skills and move on to higher paying jobs. This is a desirable economic development from the migrant, as well as the native, laborers perspective.
The following article by professor Howard Baetjer appeared on the Freeman on December 3rd, 2015. Below is an excerpt. But suppose these kinds of legislated disadvantages were done away with, so that we had truly free labor markets and quality schooling even for the poor. Would that mean equal employment opportunity for all? Full freedom […]
A student recently asked me why unemployment remains so stubbornly high, especially for lower-skilled people. Here’s an adaptation of my answer. No one can know for sure the precise causes of unemployment; the economy is a fantastically complex system, like an ecology but still more complex, so unemployment is sure to have a variety of […]