In this audio podcast, Hoover senior fellow John Cochrane argues that immigration has very little effect on American workers’ wages, especially since so many start new businesses and there’s not a fixed supply of jobs. Cochrane also believes in open borders because a free market in labor is beneficial to the overall functioning of the economy.
[audio src="/wp-content/audio/JohnCochraneOnImmigration.mp3"]
Click here for Cochrane's essay on the purpose and unintended consequences of immigration reform.
