Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

Who Loses from Immigration Restrictions?

by January 23, 2025
January 23, 2025
Who Loses from Immigration Restrictions?

Jeffrey Miron

A long-standing concern about immigration is that it might reduce job opportunities for native workers:

In 1882, the US government passed the Chinese Exclusion Act, which banned laborers born in China from entering the United States and prevented individuals born in China already residing in the United States from obtaining citizenship or reentering the country.… Proponents argued that Chinese workers—who constituted 12 percent of the male working-age population and 21 percent of all immigrants in the Western United States—reduced economic opportunities for white workers.

Yet in 1882, similarly to now,

many business owners opposed the act. They worried that highly productive Chinese labor could not be easily replaced and that a sweeping ban would lead to significant economic losses.

So what were the act’s effects? According to recent research,

the act reduced the Chinese labor supply by 64 percent. A reduction occurred for both skilled and unskilled workers.

This is presumably what the act’s supporters intended. In addition, however,

the act reduced the white male labor supply by 28 percent and lowered this group’s lifetime earnings.

Further, and relevant to current debates,

the act reduced total manufacturing output by 62 percent and the number of manufacturing establishments by 54–69 percent.

What is the explanation? Reduced immigration means higher labor costs. This implies reduced output, and thus reduced demand for native labor, even if businesses partially substitute native for immigrant labor. Reduced immigration can therefore be “lose-lose,” hurting native workers and businesses, in addition to harming immigrants.

This article appeared on Substack on January 23, 2024.

0
FacebookTwitterGoogle +Pinterest
previous post
Benjamin Netanyahu comes to defense of Elon Musk: ‘falsely smeared’
next post
NVDA, TSMC, and Broadcom: Top Semiconductor Plays as SMH Hits New Highs

You may also like

Trump’s Detention Surge Failed to Significantly Increase Removals

January 10, 2024

Calling for Papers! Beyond the Fourteenth Amendment: Protecting...

August 22, 2023

Not Indentured: Most New H-1B Hires Are Changing...

April 16, 2024

Fifth Circuit Rejects Immunity for Pasadena Police Who...

July 21, 2023

Is Javier Milei a Libertarian?

August 15, 2023

Public Schools Can’t Force Employees to Support Ideas...

May 26, 2023

Federal Debt vs. State Debt

October 26, 2023

A Prelude to New FTC Scrutiny of Occupational...

March 4, 2025

Bill Maher’s Embrace of Civil Discourse Is No...

April 15, 2025

Friday Feature: Institute for Catholic Liberal Education

July 21, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump talks with Putin, spars with South African leader, threatens EU tariff hike in 18th week in office

      May 24, 2025
    • 4 Best Assignment Writing Services Reviewed by University Students

      May 24, 2025
    • DAVID MARCUS: Tax-free overtime could be midterm magic for GOP

      May 24, 2025
    • SCOOP: House Republicans request ban on federally funded ‘transgender animal’ experiments in 2026 budget

      May 24, 2025
    • WATCH: GOP senators rail against staggering $4.7 trillion in untraceable Treasury payments

      May 24, 2025
    • Trump unleashes US nuclear renaissance with bold executive orders

      May 24, 2025

    Categories

    • Business (8,038)
    • Investing (1,986)
    • Politics (15,367)
    • Stocks (3,106)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved