38: Mass Media, Markets, and Human Malware: A Portal Q&A
The Portal
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Is There a Problem With High Skilled Immigration?
The number of companies that are founded by immigrants would undoubtedly change if we had a more restrictive policy. There's no such thing as a labor shortage of long term in a market economy because the wage level just rises to the appropriate point at which you can attract the labor you need. The American educational system is quite heterogeneous. We have terrible schools and we have the world's best schools. In fact, we're not getting the most innovative people anymore because we've really given up on that.
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