[lbo-talk] On immigration

[Mike Beggs]

On Mon, May 3, 2010 at 8:01 AM, Doug Henwood <dhenwood at panix.com> wrote:
>
> On May 2, 2010, at 3:49 PM, Joseph Catron wrote:
>
>> If they aren't pretending that the infusion of twelve to
>> twenty million new laborers has had no effects on wages and working
>> conditions, they're implicitly advocating lower labor costs
>
> There's not much actual economic evidence in favor of this proposition.
>
> http://www.leftbusinessobserver.com/Immigration.html

Yep, it's a great article. It only seems intuitively obvious that
immigration exerts a downward pressure on wages if you're thinking
only about immigrants' contribution to labour supply and not the
corollary, their contribution to demand for goods.

Mike Beggs