My visceral reaction to arguments for less-than-100% open borders is to scream, and call names, and punch in the face. I will not act on these urges. I cannot punch 6 billion people in the face. Many of the people who oppose open borders are my friends; I like them. And intellectually I know that people [...]
Tags: immigration, libertarianism, open borders, the new aristocracy, Vargas
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Many rich-country governments are heavily in debt. Some are on the verge of default; for others it’s a matter of time. One trivially simple way to lower the burden of national debts is to let in a lot of immigrants. Since the amount that the government owes does not vary with population, debt per capita [...]
Tags: collusion, cooperative equilibria, immigration, local public goods, sovereign debt crisis
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The New York Times has a piece on Obama’s latest stimulus proposals. [Obama] chided Senate Republicans for engaging in “pure partisan politics” by holding up a jobs bill that would offer tax breaks to small businesses and ease credit with a $30 billion initiative to channel loans through community banks. Community banks!? That‘s the stimulus [...]
Tags: immigration, Obama, payroll taxes, stimulus
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For a long time, Silicon Valley types have been agitating for more immigration visas. One idea is the Startup Visa, which would enable entrepreneurs who get US venture capital investment of at least $100k to move to the United States. Today, Senators Kerry and Lugar introduced the Startup Visa Act in Congress. I support expanding [...]
Tags: economics, financial crisis, immigration, Silicon Valley, sovereign debt crisis, Startup Visa
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