The Economics of Increased Immigration
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 20 February 2013
⏱️ 6 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Wednesday, February 20th, 2013. |
| 0:06.0 | I'm Caleb Brown. |
| 0:08.0 | Much of the opposition to increases in legal immigration comes from people who don't understand much of the basic economics involved, |
| 0:14.9 | like division of labor and the wealth that comes from so-called job-destroying trade. |
| 0:20.6 | Alex Narasta, a policy analyst at the Cato Institute, clears up some of the confusion. |
| 0:26.2 | The claim is they took our jobs and it is a frequent claim and it is a claim that is I think predominantly made by Republicans |
| 0:36.0 | about immigrants. |
| 0:37.9 | Representative Lamar Smith makes its claim most frequently, as well as Chris Kobot, the Secretary |
| 0:42.4 | of State for the State of Kansas. |
| 0:45.0 | He basically says if you want to create a job for an American today, |
| 0:48.0 | deport an illegal immigrant. |
| 0:50.0 | It's pretty ludicrous claim, something that only people who are ignorant of economics tend to make. |
| 0:56.0 | The idea is that there's a fixed pie in society, a fixed amount of work, and there's only so much to be done at any given time. |
| 1:03.0 | So if an immigrant is employed, |
| 1:04.8 | well clearly he took a job from an American. |
| 1:07.2 | Or in the same argument goes, well, if Caleb is rich, |
| 1:11.0 | well clearly he got rich off the back of somebody else and somebody else is poor because of it. |
| 1:15.6 | Both of those claims are false. |
| 1:17.6 | No economist believes them. |
| 1:19.1 | Nobody who seriously studies or understands economics has any faith in those claims. |
| 1:23.4 | All right, just for those who are surprised by what you're saying, |
| 1:27.5 | then how do we get from that belief to understanding |
... |
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