Of course, if the losses from immigration restrictions are greater than
you might think, the gains of weaker restrictions are also greater than
you would think. When you double the number of immigrants, you will be
admitting a lot of people with a lot of surplus, not just marginal
I know some immigrants send some of their money to relatives in their
previous countries, but they can't send all of it; most must be spent
in the host country.
And even if they send the money out of the county, it eventually leads to a greater
demand for exports.
[EMAIL PROTECTED] 09/03/03
--- Bryan Caplan [EMAIL PROTECTED] wrote:
All it claims is that immigrants reduce wages.
But this is by definition balanced by the extra surplus enjoyed by
employers.
If the surplus is general to the economy, then is it not the case that in
industries with competitive markets for labor and