The Challenge of Immigration: A Radical Solution
37 Pages Posted: 21 May 2011
Date Written: April 13, 2011
Abstract
How can market-based solutions help solve the challenges of immigration? Nobel Prize winner Prof. Gary Becker, in this IEA Occasional Paper, proposes a radical policy which, if implemented by the coalition government, could raise over £600 million a year.
Prof. Becker proposes that visas to work in the UK should be sold off. The coalition’s immigration cap scheme could be amended using this proposal to ensure that the most suitable immigrants are allowed in. The people willing to pay the most to live in the UK are likely to be the same people who would contribute most to our economy.
Keywords: Gary S. Becker, immigration, labour markets, policy
JEL Classification: F22, J41, J61, J69
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
The Impact of the Mariel Boatlift on the Miami Labor Market
By David Card
-
Immigrant Inflows, Native Outflows, and the Local Labor Market Impacts of Higher Immigration
By David Card
-
The Effects of Immigration on the Labor Market Outcomes of Natives
By Joseph G. Altonji and David Card
-
Searching for the Effect of Immigration on the Labor Market
By George J. Borjas, Richard B. Freeman, ...
-
Is the New Immigration Really so Bad?
By David Card
-
Is the New Immigration Really so Bad?
By David Card