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627 sats \ 2 replies \ @Bell_curve 9 Feb \ on: Does the Economy Need Migrants? and related discussion econ
The economy does not need anyone per se. People and markets adjust.
The economy does need rule of law
I think it's generally a short hand. The question, I believe, is whether the economy needs immigration to meet it's full potential (whatever that means).
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The answer is no. But more importantly we canβt treat immigrants in the abstract. Not all immigrants are created equal. Not all countries are equal. Are immigrants from Japan π―π΅ preferable to Mexico π²π½?
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