Lessons from Immigration Economics
This article appeared in the Winter 2017/18 issue of The Independent Review.
Like trade, immigration produces both winners and losers. It may be more useful, therefore, to think of immigration not in terms of economic efficiency, but rather as a social policy of income and wealth redistribution.
George J. Borjas is Robert W. Scrivner Professor of Economics and Social Policy at the John F. Kennedy School of Government at Harvard University.