Monday, 25 July 2016

Question for the Day: Do low-wage immigrants make us all poorer?


“No,” says John Stuart Mill:

The exportation of labour and capital from [one country to another], from a place where their productive power is less to a place where it is greater, increases by so much the aggregate produce of the labour and capital of the world.  It adds to the joint wealth of the [both countries].
~ Principles of Political Economy, V.xi s50


1 comment:

  1. I need to look for your other work on this subject.
    NZ First Immigration policy specifically assumes that immigrants from low wage economies, will hurt NZ workers. And with Nationalism, I doubt that He will see the value of over all aggregate produce of the world. I doubt even that it will be accepted as overall value to New Zealand.
    The spokesman for Immigration was Mahesh Brinda, and now Himself. I am writing to Mahesh, who invites ideas. At the moment I see it [ NZF policy ] as restriction of numbers, and that based on quality.


1. Commenters are welcome and invited.
2. Off-topic commenters however will be ignored.
3. Read the post before you comment.
4. Challenge facts presented if wrong, but don't ignore them when they're not.
5. Say what you mean, and mean what you say.
6. Off-topic grandstanding, trolling and spam is moderated. (Unless it's entertaining.)