"Econ 102" with Noah Smith and Erik Torenberg

America's View on Immigration

34 snips
Dec 13, 2023
The discussion dives into the intricate debate on immigration, weighing open borders against strict enforcement. It highlights shifting American sentiments, influenced by political rhetoric and economic factors, showcasing how immigrants contribute to both labor supply and demand. The complexities of high-skilled versus low-skilled labor interactions and the tensions of NIMBYism in communities are explored. Additionally, the podcast examines the critical role of immigration on innovation, cultural diversity, and the pressing housing challenges faced across the nation.
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INSIGHT

Mixed Feelings on Immigration

  • Americans hold mixed views on immigration, despite a history of assimilation.
  • Pro-immigration sentiment rose during Trump's era, then declined under Biden.
INSIGHT

The Dual Impact of Immigration on Labor

  • Immigrants increase both labor supply and demand, unlike common assumptions.
  • Treat immigrants like "babies born elsewhere" as they also generate demand by buying goods/services.
INSIGHT

Immigration as a Hiring Policy

  • Comparing national immigration to company hiring is useful, but consider all job types.
  • Countries, like companies, need various skill levels, from engineers to janitors.
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