Why the world needs more immigration
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By Luis Pablo de la Horra
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Restrictive immigration policies have adverse effects on host economies
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The long-term impact of immigration on employment is negligible
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Open borders would substantially reduce global poverty
In his classic work, The Myth of the Rational Voter, Bryan Caplan identifies four systematic biases about economics held by the average citizen: make-work bias (an inclination to overestimate the disadvantages of temporary job destruction due to productivity increases), anti-market bias (a tendency to overlook the benefits of the market as a coordination mechanism), pessimistic bias (an inclination to underestimate the present and future performance of the economy), and anti-foreign bias (a tendency to underestimate the economic benefits of interaction with foreigners).
These widespread biases are far from harmless. Wrong ideas held by voters usually lead to catastrophic policies: politicians undertake those policies that they deem popular in order to get reele...
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