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Pro competition Economist Milton Friedman dismissed H-1B as a subsidy ... [http://www.computerworld.com/s/article/72848/H_1B_Is_Just_Another_Gov_t._Subsidy htt
by tosseraccount 13y ago
Pro competition Economist Milton Friedman dismissed H-1B as a subsidy ... [http://www.computerworld.com/s/article/72848/H_1B_Is_Just_Another_Gov_t._Subsidy http://www.computerworld.com/s/article/72848/H_1B_Is_Just_An... ]
'Nobel economist Milton Friedman scoffs at the idea of the government stocking a farm system for the likes of Microsoft and Intel. "There is no doubt," he says, "that the [H-1B] program is a benefit to their employers, enabling them to get workers at a lower wage, and to that extent, it is a subsidy." '
- arohner 13y agoThat's specifically about H1-Bs, as opposed to a hypothetical "no limits" visa. He also said "There is no doubt that free and open immigration is the right policy in a libertarian state". Compared to "free and open immigration", yes, H1-Bs are a subsidy.