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Immigration is an easy win for significantly reducing global poverty. In a classic Economics and Emigration: Trillion-Dollar Bills on the Sidewalk? Michael Cle
by yboris 7y ago
Immigration is an easy win for significantly reducing global poverty.
In a classic Economics and Emigration:
Trillion-Dollar Bills on the Sidewalk? Michael Clemens argues that it would be a win-win-win scenario to open up our borders.
https://pubs.aeaweb.org/doi/pdf/10.1257/jep.25.3.83 https://pubs.aeaweb.org/doi/pdf/10.1257/jep.25.3.83
- tonyedgecombe 7y agoThe political reaction to it means it's far from "easy".
- chrchang523 7y agoMore importantly, the comparative lack of political resistance to the policy package facilitating e.g. India and Indonesia growing at ~6% a year for the last 20 years means that we already have a better way of bringing about mass catchup. Perhaps the biggest geopolitical question of the moment is whether we did too good a job of facilitating China’s rise...