Feb 28, 2022 • 52M

The Economics of Immigration

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Appears in this episode

Bob Zadek
Bob talks about the issues that affect our lives on a daily basis from a purely libertarian standpoint. He believes in small government, fewer taxes, and greater personal freedom.<br /><br />America has lost its way, but it cannot and does not need to be reinvented. Our founders were correct about their approach to government, as were John Locke, Adam Smith and the other great political philosophers who influenced them. The country’s first principles are economic and social freedom, republicanism, the rule of law, and liberty. Bob believes we must take the best of our founding principles and work from them because a country without principles is just a landmass.
Episode details

Economists almost universally agree that immigration provides net benefits to the countries that allows it, yet the public stubbornly clings to myths about immigrants "taking our jobs," or otherwise reducing natives' welfare. Benjamin Powell compiled the best scholarly economics research on immigration, gathered by multiple experts in the field, to write the conclusive book on the subject: The Economics of Immigration: Market-Based Approaches, Social Science, and Public Policy (2015).
Since then, he collaborated with frequent guest and Cato scholar Alex Nowrasteh in revisiting the subject in the book *[Wretched Refuse? The Political Economy of Immigration and Institutions](https://www.amazon.com/Wretched-Refuse-Political-Immigration-Institutions/dp/1108702457).*

Both books mix rigorous scientific analysis from the field of economics with clear explanations of how various studies should inform public policy. **

Powell joined me to narrow the gap between public perception and economic reality when it comes to the vital issue.