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The Science and Art of Economics with Peter Boettke & Rosolino Candela, Pt. 2

Hayek Program Podcast

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The Main Benefits of Immigration

What are the main benefits of imigration? Let me illustrate this through a particular example. Immigrants bring, as you would put it p a new set of eyeglasses that individuals would not otherwise see iny particular economy. They fill a particular gap in the market that the domestic population would not, or then population would not see. Given that there's a preference for these activities, markets create high powered incentives to aroad them and allow individuals to learn and exchange.

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