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2024-04-26 06:08:55

jon on Nostr: “In a world without migration barriers, there would be a tendency all over the ...

“In a world without migration barriers, there would be a tendency all over the world toward an equalization of wage rates. If there were no migration barriers today, probably twenty million people would try to reach the United States every year, in order to get higher wages. The inflow would reduce wages in the United States, and raise them in other countries.”

— Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises
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