The Economic Consequences of Immigration

Second Edition
Julian L. Simon
Updated by Stephen Moore, The Cato Institute, and with a Foreword by Sanford J. Ungar, The American University
Argues convincingly that immigration continues to benefit U.S. natives as well as most developed countries

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.

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 in the 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

The late Julian L. Simon was Professor of Business Administration, University of Maryland, College Park, and Adjunct Scholar at the Cato Institute.

Praise / Awards

  • "The Great Breakthrough and its Cause is typically and marvelously Simonesque: learned, clearly presented, provocative, pro-progress, and optimistic for the future. Simon's analysis of the demographic and economic changes causing and resulting from economic growth in the developed world after 1750 will surely stimulate many debates, and it is very sad that he will no longer be able to participate in them."
    —Stanley Engerman, University of Rochester
  • "Julian Simon never doubted that modern growth had a unique cause, which he found in rising population. Stunningly argued, even to the skeptical mind."
    —Eric Jones, Melbourne Business School and University of Reading

Look Inside

Table of Contents

List of Figures ix
List of Tables xiii
Foreword xix
Preface xxvii
Acknowledgements xxxiii
Introduction 1
Some General Theory of Immigration's Consequences 12
The Demographic Dimensions of Immigration into the United States 22
Behavioral Characteristics of Immigrants 60
Effects of Immigrants upon the Public Coffers 112
How Much Welfare and Public Services do Immigrants and Natives Use? 139
The Effect on Natives Incomes from Immigrants Use of Capital Goods 153
The Effects on Technology Productivity and Native Human Capital 175
Impacts upon Natural Resources and the Environment 197
The Overall Effect of Immigrants upon Natives Standard of Living 206
Job Displacement Theory of Immigrants and Native Unemployment 220
Empirical Studies of LaborMarket Effects 237
The Effects of Immigrants upon Income Distribution and Prices 269
The Sending Countries the Immigrants Themselves and the World as a Whole 291
The Question of Illegal Immigrants and Guestworkers 302
Evaluation of Immigration Policies 335
Conclusions and Summary of Main Findings 365
Are there Grounds for Limiting Immigration? 375
Public Opinion toward Immigration 377
Views of Economists and other Social Scientists toward Immigration 385
Immigration International Relations and National Security 390
References and Bibliography 393
Index 425
 

Product Details

  • 6 x 9.
  • 472pp.
  • 46 drawings, 72 tables.
Available for sale worldwide

  • Paper
  • 1999
  • Available
  • 978-0-472-08616-0

Add to Cart
  • $38.95 U.S.

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