Quotation of the Day…
Posted By Don Boudreaux On June 23, 2012 @ 7:18 am In Complexity & Emergence,Immigration,Seen and Unseen,Work | Comments Disabled
… is from page 81 of Philippe Legrain’s powerful 2007 book, Immigrants: Your Country Needs Them [1]:
Immigrants don’t cost natives their jobs; they allow them to specialize in different ones. Because immigrants are willing to work at lower wages, many more unskilled jobs that would not otherwise exist are created. Remember that skilled jobs and unskilled jobs are complementary; more child minders enable more young parents to work in finance; hotel managers require more cleaners in order to manage their establishments efficiently; and immigrants spend money as well as earning it, thereby boosting domestic demand for goods and services and creating new jobs too.
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[1] Immigrants: Your Country Needs Them: http://www.amazon.com/Immigrants-Your-Country-Needs-Them/dp/0691134316/ref=sr_1_1?s=books&ie=UTF8&qid=1279313688&sr=1-1
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