Rendered at 05:52:11 GMT+0000 (Coordinated Universal Time) with Cloudflare Workers.
bambax 37 minutes ago [-]
> "When policy is politically polarized, you need more facts," he said.
Mmmm... It seems in the world of politics, esp. populist politics, more facts don't bring better policies. They are simply ignored, or accused of being lies pushed by the ennemies.
> "We have all the facts on this we need. We don't need any more facts. In the land of truth, my friend, the man with one fact is the king."
An AUS Utopia reference would probably be more fitting though.
fwlr 29 minutes ago [-]
The firms who do not win the visa lottery “just become smaller firms” instead of hiring market-rate labor because they still have to compete in a market against other firms who won the visa lottery and have access to below-market-rate labor.
Did the economists who ran this study miss this? Do they explain it?
grubbydiff 12 minutes ago [-]
Have you gotten a chance to read the paper? If not, you should consider reading it. They have explained it. It's got to do around the fact that domestic labor supply is inleastic but the foreign supply is infinitely elastic. You might want to focus on sections VI and VII for more details around their model and assumptions.
emmelaich 15 minutes ago [-]
AEA leans strongly left. I wouldn't put much store in this.
grubbydiff 11 minutes ago [-]
"Reality has a well-known liberal bias."
24 minutes ago [-]
mrjay42 14 minutes ago [-]
> "Evidence from a US government lottery shows that restricting foreign low-skill workers shrinks businesses without creating jobs for Americans."
Yet another chamber of commerce article clamoring for more cheap labor without addressing where all of these people are supposed to live.
zanderwohl 10 minutes ago [-]
It is rather puzzling how this major contributing factor is going overlooked. It seems obvious from ground-level. Economists often talk about how expensive labor drives price increases, but don't talk about how price increases cause expensive labor.
grubbydiff 3 minutes ago [-]
Did you get a chance to read the paper? Did you read Section VII and footnote 51? If so, do you still believe that the article is "clamoring for more 'cheap' labor?"
And what other issues would you like to see besides housing and employment in the article?
Mmmm... It seems in the world of politics, esp. populist politics, more facts don't bring better policies. They are simply ignored, or accused of being lies pushed by the ennemies.
> "We have all the facts on this we need. We don't need any more facts. In the land of truth, my friend, the man with one fact is the king."
-- Linton Barwick, In The Loop (2009)
https://www.youtube.com/watch?v=PdoN1LWGgfQ
An AUS Utopia reference would probably be more fitting though.
Did the economists who ran this study miss this? Do they explain it?
Proving that the issue is capitalism and its systemic need for a reserve army of labour (https://en.wikipedia.org/wiki/Reserve_army_of_labour) to pressure people to accept unfair conditions of living/work
> not found
Yet another chamber of commerce article clamoring for more cheap labor without addressing where all of these people are supposed to live.
And what other issues would you like to see besides housing and employment in the article?