basiceconomics

4 ms·

1. 1.▲
   by basiceconomics 14y ago

   "3. It's quite frankly inhumane in many cases to send these students packing. Even in the relative squalor that they endure living, for example in Los Angeles on mere hundreds of dollars a month, they still want to live here and create a fa
2. 2.▲
   by basiceconomics 14y ago

   Of course, all thinking people are aware supply and demand doesn't apply to labor markets.
3. 3.▲
   by basiceconomics 14y ago

   Michael Moritz is a billionaire investor. It's easy to understand why he'd like to increase the supply of technical labor in the US. This lowers his cost of labor, contributing to his further enrichment. Foreigners desirous of US citizenshi