February 9, 2017
..AND RICHER...:
The $100 trillion case for open borders (Nick Srnicek, 2/09/17, The Conversation)
There is, however, an overwhelming case for open borders that can be made even in the traditionally self-interested language of economics. In fact, our best estimates are that opening the world's borders could increase global GDP by US$100 trillion.It sounds like a crazy idea, particularly when the media is dominated by stories about the need to control immigration and the right-wing tabloids trumpet "alternative facts" about how immigration hurts our economies. But every piece of evidence we have says that ending borders would be the single easiest way to improve the living standards of workers around the world - including those in wealthy countries.The argument is simple enough and has been made by more than one economist. Workers in poorer economies make less than they should. If they were to have all of the benefits of rich countries - advanced education, the latest workplace technologies, and all the necessary infrastructure - these workers would produce and earn as much as their rich country counterparts. What keeps them in poverty is their surroundings. If they were able to pick up and move to more productive areas, they would see their incomes increase many times over.This means that opening borders is, by a massive amount, the easiest and most effective way to tackle global poverty. Research shows that alternative approaches - for instance, microcredit, higher education standards, and anti-sweatshop activism - all produce lifetime economic gains that would be matched in weeks by open borders. Even small reductions in the barriers posed by borders would bring massive benefits for workers.
Posted by Orrin Judd at February 9, 2017 7:10 PM
