(3) Migration | The Mobile Masses; The costs and benefits of mass immigration
http://www.economist.com/news/bo ... ation-mobile-masses
(book review on Paul Collier, Exodus: How Migration is Changing Our World. Oxford University Press, 2013)
Quote:
"Most polemics about migration argue either that it is good or bad. They address the wrong question, says Mr Collier. The right one is: how much more migration would be beneficial, and to whom?
"Those who move from poor countries to rich ones quickly start earning rich-country wages * * * 'Their productivity [measured by earning per hour] rockets upwards,' says Mr Collier, because they are 'escaping from countries with dysfunctional social models.' This is a crucial insight. Bar a few oil sheikhdoms, rich countries are rich because they are well organised, and poor countries are poor because they are not. * * * When a rich country lets in immigrants, it is extending to them the benefits of good governance and the rule of law.
"For most citizens of rich countries, immigration has meant slightly higher wages, as fresh brains with new ideas make local firms more productive. It may have dragged down wages for the least-skilled, but only by a tiny amount.
"Britain [] is nearly 90% white * * * but one cannot help noticing that the most diverse part of the country—London, which is less than 50% white British—is also by far the richest. It is also rather livelier than the lily-white counties that surround it.
Note: "A rich country that invited all and sundry to live off the dole would not stay rich for long."
sundry (pronoun; plural in contruction):
"an indeterminate number <recommended for reading by all and sundry — Edward Huberman>"
http://www.merriam-webster.com/dictionary/sundry
The term "plural in contruction" means the word is "construed"--whose corresponding noun is "construction"--as plural. |