Current migration policy is based on a seemingly neutral accounting
exercise, in which migrants contribute less in tax than they
receive in welfare assistance. A "fact" that justifies increasingly
restrictive asylum policies. Peo Hansen shows that this consensual
cost-perspective on migration is built on a flawed economic
conception of the orthodox "sound finance" doctrine prevalent in
migration research and policy. By examining migration through the
macroeconomic lens offered by modern monetary theory, Hansen is
able to demonstrate sound finance's detrimental impact on migration
policy and research, including its role in stoking the toxic debate
on migration in the European Union. More importantly, Hansen's
undertaking offers the tools with which both migration research and
migration policy could be modernized and put on a realistic
footing.
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