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The Economics of Immigration - Market-Based Approaches, Social Science, and Public Policy (Hardcover)
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The Economics of Immigration - Market-Based Approaches, Social Science, and Public Policy (Hardcover)
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The Economics of Immigration summarizes the best social science
studying the actual impact of immigration, which is found to be at
odds with popular fears. Greater flows of immigration have the
potential to substantially increase world income and reduce extreme
poverty. Existing evidence indicates that immigration slightly
enhances the wealth of natives born in destination countries while
doing little to harm the job prospects or reduce the wages of most
of the native-born population. Similarly, although a matter of
debate, most credible scholarly estimates of the net fiscal impact
of current migration find only small positive or negative impacts.
Importantly, current generations of immigrants do not appear to be
assimilating more slowly than prior waves. Although the range of
debate on the consequences of immigration is much narrower in
scholarly circles than in the general public, that does not mean
that all social scientists agree on what a desirable immigration
policy embodies. The second half of this book contains three
chapters, each by a social scientist who is knowledgeable of the
scholarship summarized in the first half of the book, which argue
for very different policy immigration policies. One proposes to
significantly cut current levels of immigration. Another suggests
an auction market for immigration permits. The third proposes open
borders. The final chapter surveys the policy opinions of other
immigration experts and explores the factors that lead reasonable
social scientists to disagree on matters of immigration policy.
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