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The Economic Consequences of Immigration: Second Edition (Hardcover)

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3.0 out of 5 stars  See all reviews (1 customer review)


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Editorial Reviews

Product Description

Immigration remains an emotional and fiercely debated subject, yet it continues to receive little attention from economists. In a newly available, updated edition, this pathbreaking book offers an objective and comprehensive inquiry into the economic consequences of immigration into the United States and concludes that immigration is, on the whole, beneficial to U.S. natives. It also covers a wide range of data, spanning long stretches of history, that indicate experience in Canada and Australian is similar. The findings are relevant to most developed countries.
Updated to reflect Simon's most recent work on immigration and with a new foreword by the author of Fresh Blood: The New American Immigrants, this theoretical, empirical study systematically examines each of the significant economic mechanisms by which immigrants affect natives. These include the transfer-and-tax system, production capital, human capital, physical infrastructure, productivity, environmental externalities, and unemployment. In Simon's inimitable style--both analytically sophisticated and accessible--The Economic Consequences of Immigration debunks many of the suppositions still at large, demonstrating that immigrants displace fewer jobs than they create, are better educated than the majority of U.S. workers, and are no more of a drain on the welfare system than the general population.
This important book is ideal for courses on labor and population and is useful as a reference book to researchers and journalists examining the many issues surrounding immigration.
The late Julian L. Simon was Professor of Business Administration, University of Maryland, College Park, and Adjunct Scholar at the Cato Institute.
From reviews of the first edition:
"Julian Simon has given us not only the best and most comprehensive book ever written on the economic consequences of immigration but a book that deals directly with the public-policy issues. It is an essential book not only for economists but for policymakers as the nation continues to debate who and how many shall come through the golden door inthe months and years to come." --Reason
"One is tempted to use the word 'monumental' for this study of the effects of immigration. . .It would be hard to find any source of information on which the author has not drawn." --Kenneth E. Boulding, Social Science Quarterly

Product Details

  • Hardcover: 472 pages
  • Publisher: University of Michigan Press; 2 Sub edition (November 3, 1999)
  • Language: English
  • ISBN-10: 0472110500
  • ISBN-13: 978-0472110506
  • Product Dimensions: 9.2 x 9.2 x 1.8 inches
  • Shipping Weight: 1.8 pounds
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon.com Sales Rank: #4,499,808 in Books (See Bestsellers in Books)

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Julian Lincoln Simon
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6 of 7 people found the following review helpful:
3.0 out of 5 stars Immigrants can help to improve US's economics, October 3, 1997
By A Customer

This book analyzes the economic effects on immigrants who have gone to the US in order to improve their economics lot. The main findings of this book are intended to answer the question - "how many immigrants should the US admit each year?". The general conclusion, based on the auther's various analyses and findings, is: "more than at present, and chosen more for their economic characteristics and less on the basis of family connections."

This book gives the statistical figures about the size and "quality" of the immigration in US. The immigrants has a smaller share of foreign-born persons than countried thought to be. As to the "quality" of immigrants, immigrants tend to arrive in their 20s and 30s. On average, they have as much education as do natives. Compared to natives, the immigrants' rate of participation in the labor force is higher, they save more, they apply more effort during working hours, they more like to start new businesses and to be self-employed, their rate of unemployment is lower, their fertility rate is lower, and they do not have a higher propensity to commit crime.

The presence of more immigrants means that there are more working persons who will think up productivity. Larger population increases productivity. The most powerful argument against admitting immigrants always is that they take away jobs held by natives and increase native unemployment. However, the author of this book disagree with this point. Immigrants not only take jobs, they make jobs indirectly with their spending and directly with starting new business.

I think this book is outdated. It published 6 years ago. The situation may be changed within this 6 years. But, this book did many good economic researches.

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