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What Does it Cost to Keep Them Out?

JUNE 25, 2014

What do we give up to get "Made in America?" What are the consequences of requiring visas to live and work somewhere else?

Host Janet Neilson joined participants and Prof. Don Boudreaux of George Mason University to discuss: 

  • What we give up to “buy local" 

  • How keeping immigrants out carries a cost

  • What our policy decisions mean to the rest of the world

 

This event was based on Frédéric Bastiat's concept of "What is Seen and What is Not Seen." 

Visit FEE's module on Frédéric Bastiat

Listen to a podcast of What is Seen and What is Not Seen

Read this Freeman column, Illuminating the Unseen

 

Prof. Boudreaux has a video on human prosperity, one of the major benefits of freer trade and progress, at Marginal Revolution:

Check out the rest of this MR University course here.

 

For more on trade and immigration policy, check out these Freeman columns: 

Absorbing Immigrants

The Magic of Free Trade

Want Peace? Promote Free Trade

Does Trade Exploit the Poorest of the Poor?

Politics and Foreign Trade

A Free Market Case Against Open Immigration?

 

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It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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