Hi Klement! I love your posts, thank you for doing this. Here are my thoughts on this one:
The football piece is a great argument in favor of diversity in organizations, but the employment+wages part is more an argument in favor of more population as a whole - diverse or homogenous. If I were a politician, I could counter with - "good point - I'll just incentivize my citizens to have more kids, so that labor supply outweighs demand and native wages are reduced."
Additionally, sounds like a country would be better off allowing a population of unskilled workers to immigrate. That population, however, doesn't necessarily have to be diverse as long as they are cheap. Your population, then, would merely be bivariately distributed.
Well, the problem with the “have more kids” argument is that population growth and overpopulation are the key drivers of environmental destruction and climate change. So I’d rather let people from other countries in than incentivize my citizens to have more children.
Love your blog sir but importing labour from overseas is not without societal or cultural impacts that may negate marginal benefits. Tough question of today
If the immigrants are undocumented, I'd argue that's even worse because social support is less available and this worsens all sorts of social indicators such as crime, anti-social behaviour, access to high quality services etc.
For these reasons, I think high-skilled immigration (which footballers would be an example of) should be preferred. Look at the impact of high-skilled immigration on Australia, for example.
I agree that undocumented immigrants create higher inequality in the short-run. But the articles I cite also indicate that in the long run this effect is overcompensated by rising wages and job creation in the economy overall, in particular if there is a way how illegal immigrants can turn their status into a legal, documented one.
Hi Klement! I love your posts, thank you for doing this. Here are my thoughts on this one:
The football piece is a great argument in favor of diversity in organizations, but the employment+wages part is more an argument in favor of more population as a whole - diverse or homogenous. If I were a politician, I could counter with - "good point - I'll just incentivize my citizens to have more kids, so that labor supply outweighs demand and native wages are reduced."
Additionally, sounds like a country would be better off allowing a population of unskilled workers to immigrate. That population, however, doesn't necessarily have to be diverse as long as they are cheap. Your population, then, would merely be bivariately distributed.
Well, the problem with the “have more kids” argument is that population growth and overpopulation are the key drivers of environmental destruction and climate change. So I’d rather let people from other countries in than incentivize my citizens to have more children.
Love your blog sir but importing labour from overseas is not without societal or cultural impacts that may negate marginal benefits. Tough question of today
I'm really enjoying your posts, thanks for your writing. On this one, I don't think low-skilled immigration is a good as portrayed. Low-skilled immigration makes income inequality worse (https://blogs.lse.ac.uk/usappblog/2015/10/14/how-immigration-makes-income-inequality-worse-in-the-us/).
If the immigrants are undocumented, I'd argue that's even worse because social support is less available and this worsens all sorts of social indicators such as crime, anti-social behaviour, access to high quality services etc.
For these reasons, I think high-skilled immigration (which footballers would be an example of) should be preferred. Look at the impact of high-skilled immigration on Australia, for example.
I agree that undocumented immigrants create higher inequality in the short-run. But the articles I cite also indicate that in the long run this effect is overcompensated by rising wages and job creation in the economy overall, in particular if there is a way how illegal immigrants can turn their status into a legal, documented one.