39 results back to index
Whiteshift: Populism, Immigration and the Future of White Majorities by Eric Kaufmann
4chan, Abraham Maslow, affirmative action, Amazon Mechanical Turk, anti-communist, anti-globalists, augmented reality, battle of ideas, behavioural economics, Berlin Wall, Bernie Sanders, Boris Johnson, Brexit referendum, British Empire, centre right, Chelsea Manning, cognitive dissonance, complexity theory, corporate governance, correlation does not imply causation, critical race theory, crowdsourcing, Daniel Kahneman / Amos Tversky, data science, David Brooks, deindustrialization, demographic transition, Donald Trump, Elon Musk, en.wikipedia.org, facts on the ground, failed state, fake news, Fall of the Berlin Wall, first-past-the-post, Francis Fukuyama: the end of history, gentrification, Great Leap Forward, Haight Ashbury, Herbert Marcuse, illegal immigration, immigration reform, imperial preference, income inequality, it's over 9,000, Jeremy Corbyn, knowledge economy, knowledge worker, liberal capitalism, longitudinal study, Lyft, mass immigration, meta-analysis, microaggression, moral panic, Nate Silver, New Urbanism, Norman Mailer, open borders, open immigration, opioid epidemic / opioid crisis, Overton Window, phenotype, postnationalism / post nation state, Ralph Waldo Emerson, Republic of Letters, Ronald Reagan, Scientific racism, Silicon Valley, Social Justice Warrior, statistical model, Steve Bannon, Steven Pinker, the built environment, the scientific method, The Wisdom of Crowds, transcontinental railway, twin studies, uber lyft, upwardly mobile, urban sprawl, W. E. B. Du Bois, Washington Consensus, white flight, working-age population, World Values Survey, young professional
New Mexico was admitted to the Union only in 1912, its entry delayed until Anglo settlers – a category which included white Catholics and Jews – predominated over Hispanics there. THE LIBERAL IMMIGRATION TRADITION Chinese immigration was facilitated by the 1868 Burlingame Treaty with China. But this raises the question of who favoured immigration. Was it humanitarian liberals of the kind that champion open immigration today? Hardly. Liberal Progressivism would not emerge for another four decades. Instead, large businesses, pro-growth politicians and the Protestant clerical establishment comprised the main open-borders coalition. Intellectually, proponents of immigration could draw on an important set of symbolic resources which began with the Puritan concept of New England as a refuge from royalist tyranny.
…
Instead, Anglo-Saxon and cosmopolitan nationalisms merged in a happy belief that the Anglo-Saxon has a marvelous capacity for assimilating kindred races, absorbing their valuable qualities, yet remaining essentially unchanged.15 Political demographer Paul Morland suggests that the tremendous demographic expansion of Britain after the industrial revolution, when steady wages led to a lower age of marriage, facilitating higher birth rates, underlay this confidence. For instance, in 1700 France had three times Britain’s population. By 1900, Britain had drawn level even while exporting 25 million people.16 ECONOMIC COMPETITION AND IMMIGRATION POLICY Commercial interests drew on the asylum tradition in their call for more open immigration. In the 1850s, the ‘elite developmentalist’ wing of the Republican Party emerged as the chief vessel for commercial interests.17 In 1864, the Republican Party enacted legislation permitting imported contract labour and ‘reaffirmed the historic role of the United States as an asylum for the oppressed of all nations’, endorsing a ‘liberal and just immigration policy, which would encourage foreign immigration’.18 After 1849, thousands of Chinese – disproportionately male – entered California during the gold rush.
…
By 1910, this Emersonian ‘double-consciousness’ was gone, each side of its contradiction a separate and consistent ideology. Most WASP intellectuals were, like New England patrician Senator Henry Cabot Lodge, ethno-nationalists who backed restriction, or, like Bourne and Dewey, cosmopolitans calling for diversity and open borders. Few ethno-nationalists favoured open immigration. No pluralists endorsed restriction. Herein lie the roots of our contemporary polarized condition. After 1924, the proportion of Southern and Eastern Europeans entering the country dropped dramatically. The Great Depression reduced the demand for workers. By the 1930s, pluralism had become influential in liberal Democratic and Republican circles, but played little part in Franklin Roosevelt’s New Deal.
Melting Pot or Civil War?: A Son of Immigrants Makes the Case Against Open Borders by Reihan Salam
Affordable Care Act / Obamacare, Bonfire of the Vanities, charter city, delayed gratification, Donald Trump, driverless car, Edward Glaeser, gentrification, ghettoisation, guest worker program, illegal immigration, immigration reform, income inequality, income per capita, industrial robot, interchangeable parts, job automation, low skilled workers, low-wage service sector, mass immigration, megacity, new economy, obamacare, open borders, open immigration, race to the bottom, self-driving car, Shenzhen special economic zone , Silicon Valley, special economic zone, two tier labour market, upwardly mobile, urban decay, working poor
Many of them are Americans like me, with recent immigration in their families, and I understand where they are coming from. But I noticed a contradiction in the arguments I was hearing for more open borders, which led me to part ways with the pro-immigration activists. There is a yawning chasm separating standard-issue immigration enthusiasts, who insist with a straight face that more open immigration policies will have absolutely no negative consequences, and an emerging class of intellectuals I call the bullet-biters: serious, rigorous, thoughtful immigration advocates who recognize that if the United States is going to welcome a far larger number of low-skill immigrants, we Americans will have to transform our welfare state, and we might even have to countenance the creation of a new class of guest workers who would be permanently barred from citizenship.
…
But as far as the bullet-biters are concerned, that would be a small price to pay. I will have more to say about the arguments made by the bullet-biters in the chapters that follow. For now, though, I’ll simply note that I found their case bracing and enlightening. It turns out that the standard-issue immigration activists—the ones who want more open immigration policies and a more equal society or, in other words, who want to have their cake and eat it, too—are crushingly naïve. They haven’t really thought through where their convictions are taking them. Which leads me back to Akayed Ullah. Though he was entirely unlike most immigrants in his hatefulness, there were other aspects of his story, or at least of what I could suss out, that were more familiar, and that reflect exactly the problems that have made me question the wisdom of our immigration system.
…
Politico, February 13, 2018. www.politico.com/magazine/story/2018/02/13/immigration-visas-economics-216968. 21. Posner, Eric A. and Glen Weyl. “A Radical Solution to Global Income Inequality: Make the U.S. More Like Qatar.” New Republic, November 6, 2014. newrepublic.com/article/120179/how-reduce-global-income-inequality-open-immigration-policies. 22. Pethokoukis, James. “Why the US might need those Mexican high-school dropouts.” American Enterprise Institute, June 26, 2013. www.aei.org/publication/why-the-us-might-need-those-mexican-high-school-dropouts/. 23. Bivens, Josh. “A ‘high-pressure economy’ can help boost productivity and provide even more ‘room to run’ for the recovery.”
Let Them In: The Case for Open Borders by Jason L. Riley
affirmative action, business cycle, creative destruction, David Ricardo: comparative advantage, declining real wages, deindustrialization, desegregation, Garrett Hardin, guest worker program, hiring and firing, illegal immigration, immigration reform, income inequality, labor-force participation, longitudinal study, low skilled workers, mass immigration, open borders, open immigration, RAND corporation, Ronald Reagan, school choice, Silicon Valley, trade liberalization, Tyler Cowen, W. E. B. Du Bois, War on Poverty, working poor, working-age population, zero-sum game
Even better, it’s an indication that America is still winning the international battle for talent and human capital that will keep it competitive for generations to come. RICHER AND SAFER This book expounds on two general themes. The first is that, contrary to received wisdom, today’s Latino immigrants aren’t “different,” just newer. The second is that an open immigration policy is compatible with free-market conservatism and homeland security. I explain, from a conservative perspective, why the pessimists who say otherwise are mistaken. I argue that immigrants, including low-skill immigrants, are an asset to the United States, not a liability. Immigrants help keep our workforce younger and stronger than Asia’s and Europe’s.
…
Although it will surely be characterized as such, this book is not an argument for erasing America’s borders or dissolving our nation-state. Nor do I pretend that immigration has no economic costs. It does have costs, particularly in border regions and states with generous public benefits. But when those costs are properly weighed against the gains, open immigration and liberal trade policies still make more sense than protectionism, from both a security and an economic standpoint. The United States needs to better regulate cross-border labor flows, not end them. We still have much more to gain than lose from people who come here to seek a better life. SELECT BIBLIOGRAPHY Alesina, Alberto, and Francesco Giavazzi.
The Immigrant Exodus: Why America Is Losing the Global Race to Capture Entrepreneurial Talent by Vivek Wadhwa
card file, corporate governance, crowdsourcing, Elon Musk, immigration reform, Marc Andreessen, open economy, open immigration, pattern recognition, Ray Kurzweil, Sand Hill Road, Silicon Valley, Silicon Valley startup, software as a service, synthetic biology, the new new thing, Y2K
Asking US technology and engineering companies to restrict their search geographically makes as much sense as telling the NBA it can't recruit players from outside the United States. Such a mandate would reduce the level of talent in the league, just as placing tighter strictures on H-1Bs and green cards would further reduce the level of science and engineering talent in the United States. To summarize, the advocates of a more open immigration policy feel the H-1B program limits the entry of global talent into the United States and should be significantly expanded. Detractors of the H-1B program feel it promotes wage arbitrage and a modern version of indentured servitude that depresses the wages of US workers in STEM fields. I agree with aspects of both arguments, but I believe that allowing for a more liberal H-1B policy will end any semblance of wage depression, as talented immigrants would quickly achieve market wages for their skills.
The Road to Somewhere: The Populist Revolt and the Future of Politics by David Goodhart
Affordable Care Act / Obamacare, agricultural Revolution, assortative mating, Big bang: deregulation of the City of London, borderless world, Boris Johnson, Branko Milanovic, Bretton Woods, Brexit referendum, British Empire, call centre, capital controls, carbon footprint, central bank independence, centre right, coherent worldview, corporate governance, credit crunch, Crossrail, deglobalization, deindustrialization, Donald Trump, Downton Abbey, Edward Glaeser, en.wikipedia.org, Etonian, European colonialism, eurozone crisis, falling living standards, first-past-the-post, gender pay gap, gig economy, glass ceiling, global supply chain, global village, Great Leap Forward, illegal immigration, income inequality, informal economy, Jeremy Corbyn, job satisfaction, knowledge economy, labour market flexibility, low skilled workers, market friction, mass immigration, meritocracy, mittelstand, Neil Kinnock, New Urbanism, non-tariff barriers, North Sea oil, obamacare, old-boy network, open borders, open immigration, Peter Singer: altruism, post-industrial society, post-materialism, postnationalism / post nation state, race to the bottom, Richard Florida, Ronald Reagan, selection bias, shareholder value, Skype, Sloane Ranger, stem cell, the long tail, Thomas L Friedman, transaction costs, trickle-down economics, ultimatum game, upwardly mobile, wages for housework, white flight, women in the workforce, working poor, working-age population, World Values Survey
Indeed, as New Labour increasingly converged on a centre-right consensus on economics, being pro-immigration and pro-multiculturalism—‘Come here and be yourself’—loomed ever larger in the centre-left political consciousness. Several decisions were taken by Labour, all of which were reasonable in their own terms, that together created a far more open immigration regime (underpinned by the new Human Rights Act which made it harder to keep people out or deport them once here). What were those decisions? There was the repeal of the ‘primary purpose rule’ that had made it tougher for some ethnic minority groups to bring in spouses. The rule was regarded as discriminatory by some South Asian groups and its abolition was a payback to loyal minority voters.
…
They also pay too little attention to one of the central conundrums of societies like Britain: how can we achieve an open, mobile society—and elite—while continuing to value meaningful, in other words relatively stable, communities and without casting a shadow of failure over those who do not or cannot move up and out. If everyone could have a higher-status career then this problem would obviously not exist, but that is not possible and in any case there are millions of basic jobs that will always need doing—in care, retail, transport, cleaning, construction and so on. Relatively open immigration is one way to fill the jobs but at the cost of an alienated indigenous working class. The tearing down of prejudice and unjustified hierarchy also means the end of the stable, class-bound, pre-achievement society that many people found comfortable. As settled, group-based identities have given way to more individual and mobile experiences of the journey through life, the promise of greater freedom has brought with it greater responsibility for one’s own destiny.
The Cosmopolites: The Coming of the Global Citizen by Atossa Araxia Abrahamian
"World Economic Forum" Davos, accounting loophole / creative accounting, Albert Einstein, barriers to entry, bitcoin, blockchain, borderless world, Buckminster Fuller, call centre, Capital in the Twenty-First Century by Thomas Piketty, colonial rule, corporate social responsibility, cryptocurrency, digital rights, Edward Snowden, Evgeny Morozov, high net worth, illegal immigration, John Perry Barlow, Julian Assange, offshore financial centre, open immigration, Patri Friedman, Peace of Westphalia, Peter Thiel, public intellectual, Satoshi Nakamoto, Skype, technoutopianism, Westphalian system, WikiLeaks
These questions might sound abstract, but they’re playing out before our eyes every day. When Scotland voted on whether to secede from the U.K. in 2014, the “yes” camp presented a softer, more inclusive, more progressive vision of what it means to be Scottish, pledging support both to the country’s social safety net and to more open immigration. The U.K., on the other hand, requires foreigners to make a minimum salary in order to live and work within its borders, and political parties across Europe (and beyond) employ increasingly xenophobic, anti-immigrant rhetoric, most likely in reaction to economic hardship, but also from a place of deep-rooted racism.
"They Take Our Jobs!": And 20 Other Myths About Immigration by Aviva Chomsky
affirmative action, Bernie Sanders, British Empire, call centre, colonial exploitation, colonial rule, death from overwork, deindustrialization, Donald Trump, European colonialism, export processing zone, full employment, guest worker program, illegal immigration, immigration reform, informal economy, invisible hand, language acquisition, longitudinal study, low skilled workers, mass immigration, mass incarceration, new economy, open immigration, out of africa, postindustrial economy, race to the bottom, Ronald Reagan, Rosa Parks, structural adjustment programs, The Chicago School, thinkpad, trickle-down economics, union organizing, War on Poverty, Washington Consensus, women in the workforce
They decided to make the journey, and they made it. All they had to do was get together the boat fare. The rules were different then. U.S. law explicitly limited citizenship and naturalization to white people. Nonwhites, however, were denied both entry and citizenship. Through a complex process of omission and commission, the law dictated open immigration for white people and restricted immigration for people of color. Immigration and naturalization law created, in the words of Aristide Zolberg, “a nation by design.”1 Between 1880 and World War I, about 25 million Europeans immigrated to the United States. They did not have visas or passports.
My Start-Up Life: What A by Ben Casnocha, Marc Benioff
affirmative action, Albert Einstein, barriers to entry, Bonfire of the Vanities, business process, call centre, coherent worldview, creative destruction, David Brooks, David Sedaris, Do you want to sell sugared water for the rest of your life?, don't be evil, fear of failure, hiring and firing, independent contractor, index fund, informal economy, Jeff Bezos, Joan Didion, Lao Tzu, Larry Ellison, Marc Benioff, Menlo Park, open immigration, Paul Graham, place-making, public intellectual, Ralph Waldo Emerson, Salesforce, Sand Hill Road, side project, Silicon Valley, social intelligence, SoftBank, Steve Jobs, Steven Pinker, superconnector, technology bubble, traffic fines, Tyler Cowen, Year of Magical Thinking
Third, they will acquire solid foreign language skills and travel as much as possible. Finally, they will advocate for sensible political policies that not only will make the entrepreneur’s job easier but will increase the overall quality of life for most people in the world. In this spirit, they will reject protectionism, favor free markets, favor open immigration, and work to build social safety nets for those left behind. Writing Skill This may seem self-serving, since I enjoy writing, but I believe in it. Clear writing reflects clear thinking, and in an increasingly messy, complex world, clear thinking will be highly valued. Advanced 164 MY START-UP LIFE math skills will be important for scientists and engineers—and we need more of those—but for an average businessperson I don’t see math as integral to their future.
Silicon City: San Francisco in the Long Shadow of the Valley by Cary McClelland
affirmative action, Airbnb, algorithmic bias, Apple II, autonomous vehicles, barriers to entry, Black Lives Matter, Burning Man, clean water, cloud computing, cognitive dissonance, Columbine, computer vision, creative destruction, driverless car, El Camino Real, Elon Musk, Fairchild Semiconductor, full employment, gamification, gentrification, gig economy, Golden Gate Park, Google bus, Google Glasses, high net worth, housing crisis, housing justice, income inequality, John Gilmore, John Perry Barlow, Joseph Schumpeter, Loma Prieta earthquake, Lyft, mass immigration, means of production, Menlo Park, Mitch Kapor, open immigration, PalmPilot, rent control, Salesforce, San Francisco homelessness, self-driving car, sharing economy, Silicon Valley, Skype, Social Justice Warrior, Steve Jobs, Steve Wozniak, TaskRabbit, tech bro, tech worker, transcontinental railway, Travis Kalanick, Uber and Lyft, uber lyft, urban planning, vertical integration, William Shockley: the traitorous eight, young professional
He made early investments in Google, Facebook, Twitter, Pinterest, and on and on, becoming one of the industry’s most prominent “angel” investors. And he has done the same for local politicians. He was an influential donor to the past three San Francisco mayors. Like many Californians, he expresses passionate support for various liberal causes—gun control, open immigration, gender parity in the tech industry. And yet, he wrestles with the dissonance that plagues many of the area’s most influential executives: Why does he face so much criticism from people to his political left? I’m speaking at the Crunchy Awards tonight. The Crunchies is a celebration, it’s like the Oscars for tech.
One Billion Americans: The Case for Thinking Bigger by Matthew Yglesias
Affordable Care Act / Obamacare, airport security, assortative mating, Big Tech, Boeing 737 MAX, Boris Johnson, British Empire, business logic, carbon footprint, carbon tax, classic study, collective bargaining, Colonization of Mars, congestion charging, congestion pricing, coronavirus, COVID-19, cross-subsidies, deindustrialization, demographic transition, Diane Coyle, Donald Trump, drive until you qualify, Edward Glaeser, Elon Musk, gentrification, global pandemic, Greta Thunberg, high-speed rail, housing crisis, illegal immigration, immigration reform, income inequality, Induced demand, industrial cluster, Kowloon Walled City, low interest rates, mandatory minimum, mass immigration, Mercator projection, minimum wage unemployment, moral panic, New Urbanism, open borders, open immigration, plutocrats, purchasing power parity, race to the bottom, secular stagnation, selective serotonin reuptake inhibitor (SSRI), self-driving car, Silicon Valley, social distancing, superstar cities, tech worker, the built environment, Thomas Malthus, transit-oriented development, white flight, working-age population, Yogi Berra
As does inviting the foreign-born graduates of selective American colleges and graduate schools to stick around and work. Given the extent to which cultural (or to be blunt, racial) fears seem to drive much of immigration politics, it might be interesting to explore the idea of fairly free and open immigration from Canada, Australia, the Anglophone Caribbean, America’s NATO allies, or some other subset of countries that seems popular. Several years ago I was involved with hiring a well-regarded Canadian-born journalist who, at the time, was residing in London. Never having really given it much thought before, I was taken aback by how difficult it was to get a visa for her.
Trumpocalypse: Restoring American Democracy by David Frum
Affordable Care Act / Obamacare, anti-globalists, Bernie Sanders, carbon tax, centre right, coronavirus, currency manipulation / currency intervention, decarbonisation, deplatforming, disinformation, Donald Trump, Edward Snowden, employer provided health coverage, fake news, green new deal, Greta Thunberg, illegal immigration, immigration reform, labor-force participation, manufacturing employment, mass immigration, microaggression, Mikhail Gorbachev, Nate Silver, obamacare, offshore financial centre, open immigration, Paris climate accords, Peter Thiel, plutocrats, QAnon, rent-seeking, Ronald Reagan, Saturday Night Live, Silicon Valley, Steve Bannon, W. E. B. Du Bois
But in the United States, Americans with good coverage—including the socialized coverage of American Medicare—fear tumbling down the ladder to join the people with bad coverage. The beneficiaries of the dysfunctional status quo reject change that they fear will harm them and benefit others. That fear originates in America’s history of racial subordination. It is sustained by the widely shared and angry perception that open immigration redirects American health-care dollars to newcomers, legal and illegal. Those fears are often dismissed as irrational, but they contain large elements of truth. Of those who lacked health-care insurance in 2008, more than one in four—27 percent—were foreign-born.9 When President Obama proposed to raise taxes and crimp the future growth of Medicare to cover the uninsured, it was not crazy for fifty- and sixty-something Americans to think: If we’d had less immigration, my taxes would be lower and my Medicare would be safer.
How Elites Ate the Social Justice Movement by Fredrik Deboer
2021 United States Capitol attack, Affordable Care Act / Obamacare, anti-communist, Bernie Sanders, BIPOC, Black Lives Matter, Capital in the Twenty-First Century by Thomas Piketty, centre right, collective bargaining, coronavirus, COVID-19, data science, David Brooks, defund the police, deindustrialization, delayed gratification, Donald Trump, Edward Snowden, effective altruism, false flag, Ferguson, Missouri, George Floyd, global pandemic, helicopter parent, income inequality, lockdown, obamacare, Occupy movement, open immigration, post-materialism, profit motive, QAnon, Silicon Valley, single-payer health, social distancing, TikTok, upwardly mobile, W. E. B. Du Bois, We are the 99%, working poor, zero-sum game
For those of us on the left in the contemporary United States, practicality will always have some relationship to popularity. We don’t have to slavishly devote ourselves to what’s already popular; if we did, we would have no left program at all. But we do have to pay attention to where the public is now, and to where we want to take them, at all times. We can’t give up on core goals—like a dramatically more open immigration policy—simply because those goals are currently unpopular. But since violence is always a tactic and never an end itself, the popularity of political violence is tantamount to its value—if we commit acts of political violence in pursuit of some end, but erode our popularity in doing so, we are at best running in place.
City: Urbanism and Its End by Douglas W. Rae
agricultural Revolution, barriers to entry, business climate, City Beautiful movement, classic study, complexity theory, creative destruction, desegregation, edge city, Ford Model T, gentrification, ghettoisation, Glass-Steagall Act, Gunnar Myrdal, income per capita, informal economy, information asymmetry, interchangeable parts, invisible hand, James Watt: steam engine, Jane Jacobs, joint-stock company, Joseph Schumpeter, Kickstarter, Lewis Mumford, manufacturing employment, New Economic Geography, new economy, New Urbanism, open immigration, Peter Calthorpe, plutocrats, public intellectual, Saturday Night Live, streetcar suburb, the built environment, The Death and Life of Great American Cities, the market place, urban planning, urban renewal, vertical integration, War on Poverty, white flight, Works Progress Administration
These developments were: the rising dominance of steam-driven manufacturing, already noted; an agricultural revolution allowing the nation to support more and larger urban centers; the emergence, largely as a result of integrated railroad systems, of national markets accessible from central-city manufacturing plants; a critical timing gap between the maturation of that rail system (which centralized cities) and the coming automotive and truck transportation (which decentralized them); a sustained period of relatively open immigration allowing accelerated growth in the supply of urban labor; and a delayed and uneven spreading out and implementation of distance-compressing technologies such as alternating current (AC) electricity. The two nonevents (late motor vehicle development and delayed electrical grid implementation) are no less important than the four affirmative events (steam, farming, rail, immigration).
…
The woman, left foreground, seems to be using a baby carriage to haul lumber!59 New Haven’s great period of centered development, running from about 1850 to 1920, was sustained by the historical coincidence of all four features. Together with a national revolution in agricultural productivity, and an era of open immigration, these features constitute New Haven’s version of what I have been calling the “accidents of urban creation.” There was nothing fated about the matter, just the peculiar sequence of technological success stories and failures, put in place by the compulsions of capitalist organization. Fixed-path transportation, 58 I N D U S T R I A L C O N V E R G E N C E Figure 2.3.
Devil's Bargain: Steve Bannon, Donald Trump, and the Storming of the Presidency by Joshua Green
4chan, Affordable Care Act / Obamacare, Ayatollah Khomeini, Bernie Sanders, Biosphere 2, Black Lives Matter, business climate, Cambridge Analytica, Carl Icahn, centre right, Charles Lindbergh, coherent worldview, collateralized debt obligation, conceptual framework, corporate raider, crony capitalism, currency manipulation / currency intervention, data science, Donald Trump, Dr. Strangelove, fake news, Fractional reserve banking, Glass-Steagall Act, Goldman Sachs: Vampire Squid, Gordon Gekko, guest worker program, hype cycle, illegal immigration, immigration reform, Jim Simons, junk bonds, liberation theology, low skilled workers, machine translation, Michael Milken, Nate Silver, Nelson Mandela, nuclear winter, obamacare, open immigration, Peace of Westphalia, Peter Thiel, quantitative hedge fund, Renaissance Technologies, Robert Mercer, Ronald Reagan, Silicon Valley, social intelligence, speech recognition, Steve Bannon, urban planning, vertical integration
Still, every president changes the contours of American politics, and Trump will, too. It may not be nearly as aggressively as Bannon envisioned when the two joined forces, or even necessarily in the direction he wanted, but it is also true that after Trump Republicans will have a harder time pursuing free trade and open immigration. Perhaps even more significant, the effects of Jeff Sessions’s elevation to attorney general will reverberate for years in a way that populist-nationalists will approve of. But in the end, it’s hard to imagine that Bannon and the legions he spoke for will wind up as anything other than the latest partners disappointed when their deal with Trump turns sour.
You Say Tomato, I Say Shut Up by Annabelle Gurwitch
Alvin Toffler, Atul Gawande, Bernie Madoff, big-box store, Donald Trump, Donner party, Exxon Valdez, Future Shock, Joan Didion, Mahatma Gandhi, open immigration, Ronald Reagan, selective serotonin reuptake inhibitor (SSRI), Yogi Berra
Sure, we had lots of laughs and morning sex, but at the same time, Annabelle was calling me at work every hour on the hour with another complaint from the home front and how it was making her miserable and impossible for her to concentrate on her work. It could be said of our budding communal experience: “It was the best of times, it was the worst of times.” She Says After becoming the latest participant in Casa Kahn’s open immigration experiment, I began to notice aspects of Jeff’s behavior that gave me pause too. A Tale of Two Kitties? Please! It was a Comedy of Errors over at Kahn House. In truth, things like decorating aren’t that important to me; it wasn’t as if I insisted that we adopt the oppressively shabby-chic interior decor that everyone in Los Angeles was slouching around in at the time.
Reaching for Utopia: Making Sense of an Age of Upheaval by Jason Cowley
"World Economic Forum" Davos, anti-communist, Berlin Wall, Bernie Sanders, Big bang: deregulation of the City of London, Boris Johnson, Brexit referendum, Bullingdon Club, Cambridge Analytica, centre right, Charles Lindbergh, coherent worldview, Corn Laws, corporate governance, crony capitalism, David Brooks, deindustrialization, deskilling, Donald Trump, Etonian, eurozone crisis, fake news, Fall of the Berlin Wall, illegal immigration, Jeremy Corbyn, liberal world order, Neil Kinnock, Occupy movement, offshore financial centre, old-boy network, open borders, open immigration, plutocrats, post-war consensus, public intellectual, Right to Buy, Robert Mercer, Ronald Reagan, Russell Brand, technological determinism, University of East Anglia
For all its soft-focus social liberalism, Cameron’s government was ‘neoliberal’, determined to cut back the state and reduce public spending to thirty-five per cent of GDP. In power, empowered by the Liberal Democrats, he and his chancellor, George Osborne, were doctrinaire austerians, but also liberal globalisers, with an open immigration policy and mercantilist foreign policy. Osborne was also a self-described ‘liberal interventionist’. May is moving the Tories in a different direction. Tory MPs say that, unlike her predecessor, she has a ‘people’ and she is far more at ease with the average Tory activist than the Cameroons were (one could always imagine them muttering about ‘swivel-eyed loons’ as they left a village fête).
Hostile Environment: How Immigrants Became Scapegoats by Maya Goodfellow
Black Lives Matter, Boris Johnson, British Empire, call centre, collective bargaining, colonial rule, creative destruction, deindustrialization, disinformation, Donald Trump, European colonialism, fake news, falling living standards, G4S, housing crisis, illegal immigration, Jeremy Corbyn, low skilled workers, mass immigration, megacity, moral panic, open borders, open immigration, race to the bottom, Right to Buy, Scientific racism, W. E. B. Du Bois, Winter of Discontent, working poor
Even for those lucky enough to be able to afford it, there’s no guarantee that the advice you get is going to be reliable. ‘In the late 90s when New Labour came in, it was a sort of a golden age for legal aid … because there were a lot of asylum claims at that time the government was really throwing money at solicitors’ firms to get them to open immigration departments … to get solicitors trained up in immigration law so they could take on all these asylum claims,’ former immigration barrister Frances Webber remembers. The legal aid she talks about is money the state gives to people who need it to pay for advice or representation. It was available for people regardless of where they were born, so it could be used for people trying to regularise their status or claim British citizenship.
The End of Policing by Alex S. Vitale
Affordable Care Act / Obamacare, anti-communist, Black Lives Matter, Broken windows theory, citizen journalism, Columbine, deindustrialization, desegregation, Donald Trump, drug harm reduction, Edward Snowden, equal pay for equal work, Ferguson, Missouri, gentrification, ghettoisation, hiring and firing, Housing First, illegal immigration, immigration reform, income inequality, independent contractor, Laura Poitras, mandatory minimum, mass immigration, mass incarceration, moral panic, Occupy movement, open borders, open immigration, rent-seeking, Ronald Reagan, San Francisco homelessness, strikebreaker, The Bell Curve by Richard Herrnstein and Charles Murray, traumatic brain injury, white flight
With the rise of mass immigration in the late nineteenth and early twentieth centuries came growing nativist resentment. Throughout this period, groups such as the Immigration Restriction League and the American Party organized around ideas of racial purity, cultural superiority, and religious prejudice to demand an end to open immigration. This was finally achieved in 1924 with the passage of the National Origins Act, which established nationality-based immigration quotas for the first time. To enforce these quotas, Congress created the US Border Patrol. The new Border Patrol focused on limiting unauthorized immigration from Mexico.
Straight Talk on Trade: Ideas for a Sane World Economy by Dani Rodrik
3D printing, airline deregulation, Asian financial crisis, bank run, barriers to entry, behavioural economics, Berlin Wall, Bernie Sanders, blue-collar work, Bretton Woods, BRICs, business cycle, call centre, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Carmen Reinhart, carried interest, central bank independence, centre right, collective bargaining, conceptual framework, continuous integration, corporate governance, corporate social responsibility, currency manipulation / currency intervention, David Ricardo: comparative advantage, deindustrialization, Donald Trump, endogenous growth, Eugene Fama: efficient market hypothesis, eurozone crisis, export processing zone, failed state, financial deregulation, financial innovation, financial intermediation, financial repression, floating exchange rates, full employment, future of work, general purpose technology, George Akerlof, global value chain, income inequality, inflation targeting, information asymmetry, investor state dispute settlement, invisible hand, Jean Tirole, Kenneth Rogoff, low interest rates, low skilled workers, manufacturing employment, market clearing, market fundamentalism, meta-analysis, moral hazard, Nelson Mandela, new economy, offshore financial centre, open borders, open economy, open immigration, Pareto efficiency, postindustrial economy, precautionary principle, price stability, public intellectual, pushing on a string, race to the bottom, randomized controlled trial, regulatory arbitrage, rent control, rent-seeking, Richard Thaler, Robert Gordon, Robert Shiller, Ronald Reagan, Sam Peltzman, Silicon Valley, Solyndra, special economic zone, spectrum auction, Steven Pinker, tacit knowledge, The Rise and Fall of American Growth, the scientific method, The Wealth of Nations by Adam Smith, Thomas L Friedman, too big to fail, total factor productivity, trade liberalization, transaction costs, Tyler Cowen, unorthodox policies, Washington Consensus, World Values Survey, zero-sum game, éminence grise
So, it is not a surprise that rightist politicians from Trump to Marine Le Pen lace their message of national reassertion with a rich dose of anti-Muslim symbolism. Latin American democracies provide a telling contrast. These countries experienced globalization mostly as a trade and foreign-investment shock, rather than as an immigration shock. Globalization became synonymous with so-called Washington Consensus policies and financial opening. Immigration from the Middle East or Africa remained limited and had little political salience. So, the populist backlash in Latin America—in Brazil, Bolivia, Ecuador, and, most disastrously, Venezuela—took a left-wing form. The story is similar in the main two exceptions to right-wing resurgence in Europe—Greece and Spain.
Global Inequality: A New Approach for the Age of Globalization by Branko Milanovic
Asian financial crisis, assortative mating, Berlin Wall, bitcoin, Black Swan, Branko Milanovic, Capital in the Twenty-First Century by Thomas Piketty, centre right, colonial exploitation, colonial rule, David Ricardo: comparative advantage, deglobalization, demographic transition, Deng Xiaoping, discovery of the americas, European colonialism, Fall of the Berlin Wall, Francis Fukuyama: the end of history, full employment, Gini coefficient, Gunnar Myrdal, income inequality, income per capita, invisible hand, labor-force participation, liberal capitalism, low skilled workers, Martin Wolf, means of production, military-industrial complex, mittelstand, moral hazard, Nash equilibrium, offshore financial centre, oil shock, open borders, open immigration, Paul Samuelson, place-making, plutocrats, post scarcity, post-industrial society, profit motive, purchasing power parity, Ralph Nader, Robert Solow, Second Machine Age, seigniorage, Silicon Valley, Simon Kuznets, special economic zone, stakhanovite, trade route, transfer pricing, very high income, Vilfredo Pareto, Washington Consensus, women in the workforce
In Including the Poor, edited by Michael Lipton and Jacques van der Gaag. Washington, DC: World Bank. Posner, Eric, and Glen Weyl. 2014. “A Radical Solution to Global Income Inequality: Make the US More Like Qatar.” New Republic, November 6. Available at http://www.newrepublic.com/article/120179/how-reduce-global-income-inequality-open-immigration-policies. Prados de la Escosura, Leandro. 2007. “Inequality, Poverty and the Kuznets Curve in Spain: 1850–2000,” Working Papers in Economic History, Universidad Carlos III, WP 07-13. Prados de la Escosura, Leandro. 2008. “Inequality, Poverty and the Kuznets Curve in Spain, 1850–2000.” European Review of Economic History 12: 287–324.
The Making of a World City: London 1991 to 2021 by Greg Clark
Basel III, Berlin Wall, Big bang: deregulation of the City of London, Boris Johnson, British Empire, business climate, business cycle, capital controls, carbon footprint, congestion charging, corporate governance, cross-subsidies, Crossrail, deindustrialization, Dissolution of the Soviet Union, East Village, Fall of the Berlin Wall, financial innovation, financial intermediation, gentrification, global value chain, haute cuisine, high-speed rail, housing crisis, industrial cluster, intangible asset, job polarisation, Kickstarter, knowledge economy, knowledge worker, labour market flexibility, low skilled workers, manufacturing employment, Masdar, mass immigration, megacity, megaproject, New Urbanism, offshore financial centre, open immigration, Pearl River Delta, place-making, rent control, Robert Gordon, Silicon Valley, smart cities, sovereign wealth fund, trickle-down economics, urban planning, urban renewal, working poor
Perhaps the most remarkable aspect of London migration since 1991 is its variety – in terms of origins, cultural traditions, motives, skills, lengths of stay, and channels of arrival (Gordon, 2014a). Throughout the 1990s and 2000s London benefited from more open access to the European Union labour market (which is much larger than the USA labour market) and from more flexible labour laws compared to many comparable cities. New Labour’s highly open immigration policy prompted a further influx. By 1998, the New York Times was moved to comment on the transformation of London by immigrants: “For most of the last 50 years, the French have felt superior to the British. London was the capital of an empire in decline, a quaint but backward place where prospects were bleak and unthinkable things like fish and chips wrapped in newspaper passed for haute cuisine.
The Financial Crisis and the Free Market Cure: Why Pure Capitalism Is the World Economy's Only Hope by John A. Allison
Affordable Care Act / Obamacare, Alan Greenspan, American ideology, bank run, banking crisis, Bear Stearns, Bernie Madoff, business cycle, clean water, collateralized debt obligation, correlation does not imply causation, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, disintermediation, fiat currency, financial innovation, Fractional reserve banking, full employment, Greenspan put, high net worth, housing crisis, inverted yield curve, invisible hand, life extension, low skilled workers, market bubble, market clearing, minimum wage unemployment, money market fund, moral hazard, negative equity, obamacare, open immigration, Paul Samuelson, price mechanism, price stability, profit maximization, quantitative easing, race to the bottom, reserve currency, risk/return, Robert Shiller, subprime mortgage crisis, The Bell Curve by Richard Herrnstein and Charles Murray, too big to fail, transaction costs, Tyler Cowen, yield curve, zero-sum game
Students from all over the world come to American universities to earn degrees in architecture, engineering, mathematics, the physical sciences, biotechnology, medicine, and business, but when they graduate, most of them are forced to return home. Under current U.S. law—which has been in place for many years—only 65,000 of these foreigners in brainpower fields can work in the United States, and even then, only under a temporary “H-1B” visa. Unfortunately, because of our social welfare systems, we cannot afford to have open immigration to the United States. Many people would immigrate not to work, but to get the “free lunch” that our welfare system provides. The answer is to eliminate the social welfare system because it also destroys the work incentive for U.S. citizens. Assuming that the welfare system will not be fixed, immigration will need to be controlled.
Work! Consume! Die! by Boyle, Frankie
Boris Johnson, Desert Island Discs, Donald Trump, heat death of the universe, Jeffrey Epstein, Large Hadron Collider, Mark Zuckerberg, Marshall McLuhan, millennium bug, no-fly zone, Norman Mailer, offshore financial centre, open immigration, pez dispenser, Piper Alpha, presumed consent, Slavoj Žižek, Stephen Fry, Stephen Hawking, systems thinking, the medium is the message, trade route, WikiLeaks
Of course, war to us seems so brutal, so unnecessary. That’s because we don’t own shares in arms companies. Those guys live in palatial penthouses full of shrunken heads and wank to the news. Still, we are members of our society, so we are complicit in what it does. Look at it this way. Personally, I think we should have much more open immigration arrangements, we should treat asylum seekers fairly, we shouldn’t imprison them and we particularly shouldn’t imprison their children. Perhaps I can hold that view because I live in a country that does the opposite. Because I have the security of knowing that it won’t happen. It’s the same with war.
Sunbelt Blues: The Failure of American Housing by Andrew Ross
8-hour work day, Airbnb, barriers to entry, Bernie Sanders, Big Tech, carbon footprint, Celebration, Florida, clean water, climate change refugee, company town, coronavirus, corporate raider, COVID-19, do what you love, Donald Trump, drive until you qualify, edge city, El Camino Real, emotional labour, financial innovation, fixed income, gentrification, gig economy, global supply chain, green new deal, Hernando de Soto, Home mortgage interest deduction, housing crisis, Housing First, housing justice, industrial cluster, informal economy, Jeff Bezos, land bank, late fees, lockdown, Lyft, megaproject, military-industrial complex, minimum wage unemployment, mortgage tax deduction, New Urbanism, open immigration, opioid epidemic / opioid crisis, Peter Calthorpe, pill mill, rent control, rent gap, rent stabilization, restrictive zoning, Richard Florida, San Francisco homelessness, sharing economy, Silicon Valley, smart cities, social distancing, starchitect, tech bro, the built environment, traffic fines, uber lyft, urban planning, urban renewal, urban sprawl, working poor
But as in most parts of the country, this lively thoroughfare is known to everyone by just its number. Other than three resorts (Fort Wilderness, Polynesian, and Contemporary) that opened along with the Magic Kingdom in 1971, there were no hotels in the early years on the Disney property, so the opportunity to capture the lodgings market on the theme park’s doorstep was wide open. Immigrants and starter entrepreneurs flocked to Route 192 to throw up motels on stretches of firm ground amid the swampy terrain. Unprepared for the influx, Osceola County officials declined to build sewage lines along the route, and the largest setups that could be operated off a well and septic tank were forty-room motels.
Servant Economy: Where America's Elite Is Sending the Middle Class by Jeff Faux
air traffic controllers' union, Alan Greenspan, back-to-the-land, Bear Stearns, benefit corporation, Bernie Sanders, Black Swan, Bretton Woods, BRICs, British Empire, business cycle, call centre, centre right, classic study, cognitive dissonance, collateralized debt obligation, collective bargaining, creative destruction, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, currency manipulation / currency intervention, David Brooks, David Ricardo: comparative advantage, disruptive innovation, falling living standards, financial deregulation, financial innovation, full employment, Glass-Steagall Act, guns versus butter model, high-speed rail, hiring and firing, Howard Zinn, Hyman Minsky, illegal immigration, indoor plumbing, informal economy, invisible hand, John Maynard Keynes: Economic Possibilities for our Grandchildren, junk bonds, Kevin Roose, Kickstarter, lake wobegon effect, Long Term Capital Management, low interest rates, market fundamentalism, Martin Wolf, McMansion, medical malpractice, Michael Milken, military-industrial complex, Minsky moment, mortgage debt, Myron Scholes, Naomi Klein, new economy, oil shock, old-boy network, open immigration, Paul Samuelson, plutocrats, price mechanism, price stability, private military company, public intellectual, radical decentralization, Ralph Nader, reserve currency, rising living standards, Robert Shiller, rolodex, Ronald Reagan, Savings and loan crisis, school vouchers, Silicon Valley, single-payer health, Solyndra, South China Sea, statistical model, Steve Jobs, Suez crisis 1956, Thomas L Friedman, Thorstein Veblen, too big to fail, trade route, Triangle Shirtwaist Factory, union organizing, upwardly mobile, urban renewal, War on Poverty, We are the 99%, working poor, Yogi Berra, Yom Kippur War, you are the product
He thinks that the U.S. government will not, or cannot, regulate asset price speculation, and therefore we can expect more credit booms and busts. He also recognizes that open economic borders bring lower wages, inequality, and constant dislocation. But no matter—revolt from below is remote. The governing class will impose open immigration on the United States, and a docile population grateful for cheap imports will keep coughing up the revenue to finance our superior military power. Perhaps the most comprehensive and balanced effort to support the optimistic case is journalist Paul Starobin’s After America.25 Starobin accepts that we are at the end of U.S. global hegemony.
The Tyranny of Merit: What’s Become of the Common Good? by Michael J. Sandel
affirmative action, Affordable Care Act / Obamacare, anti-communist, Berlin Wall, Bernie Sanders, Boris Johnson, Brexit referendum, Capital in the Twenty-First Century by Thomas Piketty, centre right, coronavirus, COVID-19, Credit Default Swap, Deng Xiaoping, Donald Trump, ending welfare as we know it, facts on the ground, Fall of the Berlin Wall, financial deregulation, financial engineering, financial innovation, global supply chain, helicopter parent, High speed trading, immigration reform, income inequality, Khan Academy, laissez-faire capitalism, meritocracy, meta-analysis, Nate Silver, new economy, obamacare, Occupy movement, open immigration, Paris climate accords, plutocrats, prosperity theology / prosperity gospel / gospel of success, Rishi Sunak, Ronald Reagan, smart grid, social distancing, Steve Jobs, Steven Levy, the market place, The Wealth of Nations by Adam Smith, W. E. B. Du Bois, Washington Consensus, Yochai Benkler
The U.S. approach, by contrast, cushions workers’ lost wages but does not affirm the dignity of work by ensuring that workers keep their jobs. 52 Other proposals Cass offers are more likely to appeal to conservatives, such as scaling back environmental regulations that cost jobs in manufacturing and mining industries. 53 On the fraught subjects of immigration and free trade, Cass urges that we view these from the standpoint of workers, not consumers. If our goal is the lowest possible consumer prices, he observes, then free trade, outsourcing, and relatively open immigration policies are desirable. But if our main concern is creating a labor market that enables low- and middle-skilled American workers to earn a decent living, raise families, and build communities, then some restrictions on trade, outsourcing, and immigration are justified. 54 Whatever the merit of Cass’s particular proposals, what is interesting about his project is that it works out the implications of shifting our focus from maximizing GDP to creating a labor market conducive to the dignity of work and social cohesion.
Welcome to Britain: Fixing Our Broken Immigration System by Colin Yeo;
barriers to entry, Boris Johnson, Brexit referendum, British Empire, coronavirus, COVID-19, Donald Trump, G4S, illegal immigration, immigration reform, Jeremy Corbyn, low skilled workers, lump of labour, open immigration, post-war consensus, self-driving car, Shamima Begum, Skype, Socratic dialogue
Those whose British passports had been issued by colonial governments would lose their right of entry, meaning that different citizens with the same notional status had very different rights. At the same time, the Irish continued to enjoy unrestricted rights of entry and a voucher scheme for skilled workers was expected to maintain access to the United Kingdom for Old Commonwealth citizens. Britain went from having an extremely open immigration regime to an extremely closed one almost overnight, at least for racialised groups, and has been described as operating a ‘zero immigration’ policy for the next forty years.8 Inward migration did continue in these decades, but this was almost exclusively by family members joining those already living in the UK, not what might be called primary immigrants.
Fire and Fury: Inside the Trump White House by Michael Wolff
Affordable Care Act / Obamacare, barriers to entry, Bernie Sanders, Biosphere 2, Carl Icahn, centre right, disinformation, disintermediation, Donald Trump, drone strike, Edward Snowden, Elon Musk, fake news, false flag, forensic accounting, illegal immigration, impulse control, Jeff Bezos, Jeffrey Epstein, obamacare, open immigration, opioid epidemic / opioid crisis, Paris climate accords, Peter Thiel, Renaissance Technologies, ride hailing / ride sharing, Robert Mercer, Ronald Reagan, Russian election interference, Saturday Night Live, self-driving car, Sheryl Sandberg, Silicon Valley, single-payer health, Steve Bannon, Travis Kalanick, WikiLeaks, zero-sum game
Conflict was the media bait—hence, now, the political chum. The new politics was not the art of the compromise but the art of conflict. The real goal was to expose the hypocrisy of the liberal view. Somehow, despite laws, rules, and customs, liberal globalists had pushed a myth of more or less open immigration. It was a double liberal hypocrisy, because, sotto voce, the Obama administration had been quite aggressive in deporting illegal aliens—except don’t tell the liberals that. “People want their countries back,” said Bannon. “A simple thing.” * * * Bannon meant his EO to strip away the liberal conceits on an already illiberal process.
The Age of Entitlement: America Since the Sixties by Christopher Caldwell
1960s counterculture, affirmative action, Affordable Care Act / Obamacare, Alan Greenspan, Alvin Toffler, anti-communist, behavioural economics, Bernie Sanders, big data - Walmart - Pop Tarts, Black Lives Matter, blue-collar work, Cass Sunstein, choice architecture, classic study, computer age, crack epidemic, critical race theory, crony capitalism, Daniel Kahneman / Amos Tversky, David Attenborough, desegregation, disintermediation, disruptive innovation, Edward Snowden, Erik Brynjolfsson, Ferguson, Missouri, financial deregulation, financial innovation, Firefox, full employment, Future Shock, George Gilder, global value chain, Home mortgage interest deduction, illegal immigration, immigration reform, informal economy, James Bridle, Jeff Bezos, John Markoff, junk bonds, Kevin Kelly, Lewis Mumford, libertarian paternalism, Mark Zuckerberg, Martin Wolf, mass immigration, mass incarceration, messenger bag, mortgage tax deduction, Nate Silver, new economy, Norman Mailer, Northpointe / Correctional Offender Management Profiling for Alternative Sanctions, open immigration, opioid epidemic / opioid crisis, post-industrial society, pre–internet, profit motive, public intellectual, reserve currency, Richard Thaler, Robert Bork, Robert Gordon, Robert Metcalfe, Ronald Reagan, Rosa Parks, Silicon Valley, Skype, South China Sea, Steve Jobs, tech billionaire, Thomas Kuhn: the structure of scientific revolutions, Thomas L Friedman, too big to fail, transatlantic slave trade, transcontinental railway, W. E. B. Du Bois, War on Poverty, Whole Earth Catalog, zero-sum game
The country outsourced repression along with jobs. Americans could get goods from authoritarian China more cheaply than from Western societies, with their trade unions and wage laws and workplace regulations. Many of the so-called developing countries did handsomely under globalization. If we were judging open immigration and outsourcing not as economic policies but as U.S. aid programs for the world’s poor, we might consider them successes. But we are not. The cultural change, the race-based constitutional demotion of natives relative to newcomers, the weakening democratic grip of the public on its government as power disappeared into back rooms and courtrooms, the staggeringly large redistributions of wealth—all these things ensured that immigration would poison American politics right down until the presidential election of 2016.
New Laws of Robotics: Defending Human Expertise in the Age of AI by Frank Pasquale
affirmative action, Affordable Care Act / Obamacare, Airbnb, algorithmic bias, Amazon Mechanical Turk, Anthropocene, augmented reality, Automated Insights, autonomous vehicles, basic income, battle of ideas, Bernie Sanders, Big Tech, Bill Joy: nanobots, bitcoin, blockchain, Brexit referendum, call centre, Cambridge Analytica, carbon tax, citizen journalism, Clayton Christensen, collective bargaining, commoditize, computer vision, conceptual framework, contact tracing, coronavirus, corporate social responsibility, correlation does not imply causation, COVID-19, critical race theory, cryptocurrency, data is the new oil, data science, decarbonisation, deep learning, deepfake, deskilling, digital divide, digital twin, disinformation, disruptive innovation, don't be evil, Donald Trump, Douglas Engelbart, driverless car, effective altruism, Elon Musk, en.wikipedia.org, Erik Brynjolfsson, Evgeny Morozov, fake news, Filter Bubble, finite state, Flash crash, future of work, gamification, general purpose technology, Google Chrome, Google Glasses, Great Leap Forward, green new deal, guns versus butter model, Hans Moravec, high net worth, hiring and firing, holacracy, Ian Bogost, independent contractor, informal economy, information asymmetry, information retrieval, interchangeable parts, invisible hand, James Bridle, Jaron Lanier, job automation, John Markoff, Joi Ito, Khan Academy, knowledge economy, late capitalism, lockdown, machine readable, Marc Andreessen, Mark Zuckerberg, means of production, medical malpractice, megaproject, meta-analysis, military-industrial complex, Modern Monetary Theory, Money creation, move fast and break things, mutually assured destruction, natural language processing, new economy, Nicholas Carr, Nick Bostrom, Norbert Wiener, nuclear winter, obamacare, One Laptop per Child (OLPC), open immigration, OpenAI, opioid epidemic / opioid crisis, paperclip maximiser, paradox of thrift, pattern recognition, payday loans, personalized medicine, Peter Singer: altruism, Philip Mirowski, pink-collar, plutocrats, post-truth, pre–internet, profit motive, public intellectual, QR code, quantitative easing, race to the bottom, RAND corporation, Ray Kurzweil, recommendation engine, regulatory arbitrage, Robert Shiller, Rodney Brooks, Ronald Reagan, self-driving car, sentiment analysis, Shoshana Zuboff, Silicon Valley, Singularitarianism, smart cities, smart contracts, software is eating the world, South China Sea, Steve Bannon, Strategic Defense Initiative, surveillance capitalism, Susan Wojcicki, tacit knowledge, TaskRabbit, technological solutionism, technoutopianism, TED Talk, telepresence, telerobotics, The Future of Employment, The Turner Diaries, Therac-25, Thorstein Veblen, too big to fail, Turing test, universal basic income, unorthodox policies, wage slave, Watson beat the top human players on Jeopardy!, working poor, workplace surveillance , Works Progress Administration, zero day
Funding shortages for elder care are not natural dictates of economic science. Nor is the workaholism that can make more frequent family visits seem like an unattainable luxury. They are artifacts of specific public policies, and they can be reversed (or at least ameliorated) by better policies. If wealthy countries had more open immigration policies, workers from many other nations would take on caregiving work. As Ai-Jen Poo has demonstrated, humane arrangements for immigrant labor (and paths for citizenship) are paths to global solidarity and mutual aid.81 Similarly, firms lamenting a lack of qualified workers have been swamped with applications when they raised compensation levels.82 Admittedly, different governments may make different judgments about the proper extent of robotic care for the elderly.
Them and Us: How Immigrants and Locals Can Thrive Together by Philippe Legrain
affirmative action, Albert Einstein, AlphaGo, autonomous vehicles, Berlin Wall, Black Lives Matter, Boris Johnson, Brexit referendum, British Empire, call centre, centre right, Chelsea Manning, clean tech, coronavirus, corporate social responsibility, COVID-19, creative destruction, crowdsourcing, data science, David Attenborough, DeepMind, Demis Hassabis, demographic dividend, digital divide, discovery of DNA, Donald Trump, double helix, Edward Glaeser, en.wikipedia.org, eurozone crisis, failed state, Fall of the Berlin Wall, future of work, illegal immigration, immigration reform, informal economy, Jane Jacobs, job automation, Jony Ive, labour market flexibility, lockdown, low cost airline, low interest rates, low skilled workers, lump of labour, Mahatma Gandhi, Mark Zuckerberg, Martin Wolf, Mary Meeker, mass immigration, moral hazard, Mustafa Suleyman, Network effects, new economy, offshore financial centre, open borders, open immigration, postnationalism / post nation state, purchasing power parity, remote working, Richard Florida, ride hailing / ride sharing, Rishi Sunak, Ronald Reagan, Silicon Valley, Skype, SoftBank, Steve Jobs, tech worker, The Death and Life of Great American Cities, The future is already here, The Future of Employment, Tim Cook: Apple, Tyler Cowen, urban sprawl, WeWork, Winter of Discontent, women in the workforce, working-age population
And they ignore the crucial fact that entrepreneurs often arrive penniless with few qualifications yet go on to great things. A start-up visa scheme would not have admitted Jan Koum, who went on to found WhatsApp, Sukhpal Singh Ahluwalia, who went on to establish Euro Car Parts, or many other successful immigrant entrepreneurs. Start-up visas have their place, though they are not a substitute for an open immigration policy. Next, we look at another category of migrant in hot demand: international students. 8 DIPLOMA DIVIDEND Yusra Uzair was born in Pakistan, grew up in Canada, has worked in Mexico and Peru and studied for a master’s degree in international migration and public policy in London. She chose to study in the UK partly for personal reasons; much of her mother’s family is based in Britain.
The Human Tide: How Population Shaped the Modern World by Paul Morland
active measures, agricultural Revolution, Ayatollah Khomeini, Berlin Wall, British Empire, clean water, Corn Laws, demographic dividend, demographic transition, Donald Trump, European colonialism, failed state, Fall of the Berlin Wall, feminist movement, global pandemic, Great Leap Forward, mass immigration, megacity, Mikhail Gorbachev, Mohammed Bouazizi, Nelson Mandela, open immigration, Ponzi scheme, RAND corporation, rent-seeking, sceptred isle, stakhanovite, Thomas Malthus, transatlantic slave trade, women in the workforce, working-age population
There was already a Mexican population in place when the US annexed what was then the northern half of Mexico in 1848, although it was probably not much greater than 100,000 and many of these left.28 Yet despite this and the repatriation and deportations of the depression era, the Mexican population grew steadily, and by 1970 the census showed over 9 million Latinos in the US, of whom around half were Mexican.29 At this stage the number began to rise sharply: by 1973 there were already 6 or 7 million Mexicans in the country. By 1980 there were nearly 15 million Hispanics, representing more than 6% of the population, of which around 60% were Mexicans, the next largest group being Puerto Ricans (15%) and Cubans (12%). The latter were given open immigration rights as part of the government’s anti-Castro policy.30 Growth continued well into the twenty-first century. According to the 2010 census, Hispanics as a whole were over 16% of the population, outstripping the traditional largest minority, blacks, who comprised below 14%, while at 50 million, Latinos, two-thirds of whom are now Mexican or of Mexican origin, had grown more than fivefold in forty years; those self-identifying as fully white were now below two-thirds of the total and as fully or partly white little more than three-quarters.31 While most of the growth of the Latino population since the 1960s was driven by immigration, it was also partly ‘natural’: with a young demographic profile and high fertility, the Hispanic birth rate was half as high again as that of whites and for Mexicans in particular higher still.32 Indeed, in the early twenty-first century, with immigration slowing, births to Mexicans in the US outstripped arrivals of Mexicans.33 This great migration to the US may not have been as large in relative terms as the migration at the end of the nineteenth and early twentieth centuries: back then, the foreign-born population of the US peaked at around 14% while in the late 1990s it was around 8%.34 However, in absolute terms it has been the largest inflow the country has experienced.
Masters of Management: How the Business Gurus and Their Ideas Have Changed the World—for Better and for Worse by Adrian Wooldridge
"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, affirmative action, Alan Greenspan, barriers to entry, behavioural economics, Black Swan, blood diamond, borderless world, business climate, business cycle, business intelligence, business process, carbon footprint, Cass Sunstein, Clayton Christensen, clean tech, cloud computing, collaborative consumption, collapse of Lehman Brothers, collateralized debt obligation, commoditize, company town, corporate governance, corporate social responsibility, creative destruction, credit crunch, crowdsourcing, David Brooks, David Ricardo: comparative advantage, disintermediation, disruptive innovation, do well by doing good, don't be evil, Donald Trump, Edward Glaeser, Exxon Valdez, financial deregulation, Ford Model T, Frederick Winslow Taylor, future of work, George Gilder, global supply chain, Golden arches theory, hobby farmer, industrial cluster, intangible asset, It's morning again in America, job satisfaction, job-hopping, joint-stock company, Joseph Schumpeter, junk bonds, Just-in-time delivery, Kickstarter, knowledge economy, knowledge worker, lake wobegon effect, Long Term Capital Management, low skilled workers, Mark Zuckerberg, McMansion, means of production, Menlo Park, meritocracy, Michael Milken, military-industrial complex, mobile money, Naomi Klein, Netflix Prize, Network effects, new economy, Nick Leeson, Norman Macrae, open immigration, patent troll, Ponzi scheme, popular capitalism, post-industrial society, profit motive, purchasing power parity, radical decentralization, Ralph Nader, recommendation engine, Richard Florida, Richard Thaler, risk tolerance, Ronald Reagan, science of happiness, scientific management, shareholder value, Silicon Valley, Silicon Valley startup, Skype, Social Responsibility of Business Is to Increase Its Profits, Steve Jobs, Steven Levy, supply-chain management, tacit knowledge, technoutopianism, the long tail, The Soul of a New Machine, The Wealth of Nations by Adam Smith, Thomas Davenport, Tony Hsieh, too big to fail, vertical integration, wealth creators, women in the workforce, young professional, Zipcar
Stanford University, which has so far made more than $200 million from its investments in Google alone, is so keen on promoting entrepreneurship that it has created a Monopoly-like game to teach its professors how to become entrepreneurs. About half of the startups in Silicon Valley have their roots in the university. The Massachusetts Institute of Technology (MIT) has produced so many successful spin-offs that, if they were turned into a nation, they would have the 28th-largest GDP in the world. The third is a historically open immigration policy. Vivek Wadhwa, of the University of California, Berkeley, notes that 52 percent of Silicon Valley startups were founded by immigrants, up from 25 percent a few years ago, with Indian immigrants founding 26 percent of them. In all, one-quarter of America’s science and technology startups, generating $52 billion and employing 450,000 people, numbered somebody born abroad as either their CEO or their chief technology officer.
Future Shock by Alvin Toffler
Albert Einstein, Alvin Toffler, Brownian motion, Buckminster Fuller, Charles Lindbergh, cognitive dissonance, Colonization of Mars, corporate governance, East Village, Future Shock, global village, Great Leap Forward, Haight Ashbury, Herman Kahn, information retrieval, intentional community, invention of agriculture, invention of movable type, invention of writing, Lewis Mumford, longitudinal study, Marshall McLuhan, mass immigration, Menlo Park, New Urbanism, Norman Mailer, open immigration, planned obsolescence, post-industrial society, RAND corporation, social intelligence, Teledyne, the market place, Thomas Kuhn: the structure of scientific revolutions, urban renewal, Whole Earth Catalog, zero-sum game
It was no surprise therefore to find that Swedish sociologists today are torn by debate over whether foreign worker populations should be assimilated into Swedish culture or encouraged to retain their own cultural traditions—precisely the same "melting pot" argument that excited American social scientists during the great period of open immigration in the United States. MIGRATION TO THE FUTURE There are, however, important differences between the kind of people who are on the move in the United States and those caught up in the European migrations. In Europe most of the new mobility can be attributed to the continuing transition from agriculture to industry; from the past to the present, as it were.
America Right or Wrong: An Anatomy of American Nationalism by Anatol Lieven
"World Economic Forum" Davos, American ideology, British Empire, centre right, cognitive dissonance, colonial rule, cuban missile crisis, desegregation, driverless car, European colonialism, failed state, Francis Fukuyama: the end of history, full employment, Gunnar Myrdal, illegal immigration, income inequality, laissez-faire capitalism, mass immigration, Mikhail Gorbachev, military-industrial complex, millennium bug, mittelstand, Monroe Doctrine, moral hazard, moral panic, new economy, Norman Mailer, oil shock, open immigration, Ralph Waldo Emerson, Robert Bork, Ronald Reagan, Seymour Hersh, Thomas L Friedman, Timothy McVeigh, World Values Survey, Y2K
Unlike its predecessor of the 1870s in the South, this short-lived but widespread movement was based chiefly in the Midwest and was devoted above all to anti-immigrant, anti-Semitic, anti-Catholic and antimodernist sentiment, with Negrophobia present but of lesser importance. It was deeply steeped in evangelical Protestantism and reflected, among other things, the agricultural depression of the decade and the pressure it was putting on the old farming communities from the old "core" populations (plus German Protestant).40 The end of open immigration in 1924 reduced the appeal of such movements.41 This measure in turn owed a great deal to two passages of public hysteria which were strongly fed by nativist and anti-immigrant sentiment: the wave of antiGerman feeling which swept the country in 1917-18 after America entered World War I and the "Red Scare" of 1919-20.
Economic Dignity by Gene Sperling
active measures, Affordable Care Act / Obamacare, antiwork, autism spectrum disorder, autonomous vehicles, basic income, behavioural economics, benefit corporation, Bernie Sanders, Big Tech, Cass Sunstein, collective bargaining, company town, corporate governance, cotton gin, David Brooks, desegregation, Detroit bankruptcy, disinformation, Donald Trump, Double Irish / Dutch Sandwich, driverless car, Elon Musk, employer provided health coverage, Erik Brynjolfsson, Ferguson, Missouri, fulfillment center, full employment, gender pay gap, ghettoisation, gig economy, Gini coefficient, green new deal, guest worker program, Gunnar Myrdal, housing crisis, Ida Tarbell, income inequality, independent contractor, invisible hand, job automation, job satisfaction, labor-force participation, late fees, liberal world order, longitudinal study, low skilled workers, Lyft, Mark Zuckerberg, market fundamentalism, mass incarceration, mental accounting, meta-analysis, minimum wage unemployment, obamacare, offshore financial centre, open immigration, payday loans, Phillips curve, price discrimination, profit motive, race to the bottom, RAND corporation, randomized controlled trial, Richard Thaler, ride hailing / ride sharing, Ronald Reagan, Rosa Parks, Second Machine Age, secular stagnation, shareholder value, Sheryl Sandberg, Silicon Valley, single-payer health, speech recognition, stock buybacks, subprime mortgage crisis, tech worker, TED Talk, The Chicago School, The Future of Employment, The Wealth of Nations by Adam Smith, Toyota Production System, traffic fines, Triangle Shirtwaist Factory, Uber and Lyft, uber lyft, union organizing, universal basic income, W. E. B. Du Bois, War on Poverty, warehouse robotics, working poor, young professional, zero-sum game
Economist Dean Baker, a frequent critic of trade policies of both Democratic and Republican administrations, has noted that while the harsh dislocation of factory workers is often accepted as simply an unfortunate fact of economic dynamism, the same nonchalance is often not seen when professional jobs are at stake. As an example, he points to the resistance that would no doubt exist if there was wide-open immigration for doctors, even if it lowered overall medical costs for Americans.36 James Carville once asked what debates on trade agreements would be like in Washington, DC, if the economic analysis determined that an agreement would lead to lower prices, more competition, and innovation but also to no one being able to get their child into their top two choices for private schools.
The State and the Stork: The Population Debate and Policy Making in US History by Derek S. Hoff
affirmative action, Alan Greenspan, Alfred Russel Wallace, back-to-the-land, British Empire, business cycle, classic study, clean water, creative destruction, David Ricardo: comparative advantage, demographic transition, desegregation, Edward Glaeser, feminist movement, full employment, garden city movement, Garrett Hardin, George Gilder, Gregor Mendel, Gunnar Myrdal, guns versus butter model, Herman Kahn, immigration reform, income inequality, income per capita, invisible hand, It's morning again in America, Jane Jacobs, John Maynard Keynes: technological unemployment, Joseph Schumpeter, labor-force participation, Lewis Mumford, manufacturing employment, mass immigration, New Economic Geography, new economy, old age dependency ratio, open immigration, Paul Samuelson, peak oil, pensions crisis, profit motive, public intellectual, Ralph Waldo Emerson, road to serfdom, Robert Solow, Ronald Reagan, scientific management, Scientific racism, secular stagnation, Simon Kuznets, The Chicago School, The Wealth of Nations by Adam Smith, Thomas L Friedman, Thomas Malthus, Thorstein Veblen, Tragedy of the Commons, trickle-down economics, urban planning, urban sprawl, W. E. B. Du Bois, wage slave, War on Poverty, white flight, zero-sum game
But more importantly, many liberal advocates of reform, consistent with the unease with demographic change permeating the Great Society, not only argued that immigration reform would and should be demographically neutral but also expressed opposition to domestic population growth from any source. The prospect of population increase was the third rail of the 1960s immigration-reform debate: the range of options considered was limited by the prevailing sense that America already had too large a population. A truly radical policy shift toward nearly open immigration would have met opposition regardless of prevailing growth rates, but population anxiety narrowed the possibilities. Of the many proposals for reform batted about in the early 1960s, none envisioned more than a very modest increase in total immigration.151 The road to immigration liberalization began in the 1920s, when ethnicbased interest groups and some lawmakers rallied against the new restrictive regime.
The Rise and Fall of Nations: Forces of Change in the Post-Crisis World by Ruchir Sharma
"World Economic Forum" Davos, Asian financial crisis, backtesting, bank run, banking crisis, Berlin Wall, Bernie Sanders, BRICs, business climate, business cycle, business process, call centre, capital controls, Capital in the Twenty-First Century by Thomas Piketty, Carmen Reinhart, central bank independence, centre right, colonial rule, commodity super cycle, corporate governance, creative destruction, crony capitalism, currency peg, dark matter, debt deflation, deglobalization, deindustrialization, demographic dividend, demographic transition, Deng Xiaoping, Doha Development Round, Donald Trump, driverless car, Edward Glaeser, Elon Musk, eurozone crisis, failed state, Fall of the Berlin Wall, falling living standards, financial engineering, Francis Fukuyama: the end of history, Freestyle chess, Gini coefficient, global macro, Goodhart's law, guns versus butter model, hiring and firing, hype cycle, income inequality, indoor plumbing, industrial robot, inflation targeting, Internet of things, Japanese asset price bubble, Jeff Bezos, job automation, John Markoff, Joseph Schumpeter, junk bonds, Kenneth Rogoff, Kickstarter, knowledge economy, labor-force participation, Larry Ellison, lateral thinking, liberal capitalism, low interest rates, Malacca Straits, Mark Zuckerberg, market bubble, Mary Meeker, mass immigration, megacity, megaproject, Mexican peso crisis / tequila crisis, middle-income trap, military-industrial complex, mittelstand, moral hazard, New Economic Geography, North Sea oil, oil rush, oil shale / tar sands, oil shock, open immigration, pattern recognition, Paul Samuelson, Peter Thiel, pets.com, plutocrats, Ponzi scheme, price stability, Productivity paradox, purchasing power parity, quantitative easing, Ralph Waldo Emerson, random walk, rent-seeking, reserve currency, Ronald Coase, Ronald Reagan, savings glut, secular stagnation, Shenzhen was a fishing village, Silicon Valley, Silicon Valley startup, Simon Kuznets, smart cities, Snapchat, South China Sea, sovereign wealth fund, special economic zone, spectrum auction, Steve Jobs, tacit knowledge, tech billionaire, The Future of Employment, The Wisdom of Crowds, Thomas Malthus, total factor productivity, trade liberalization, trade route, tulip mania, Tyler Cowen: Great Stagnation, unorthodox policies, Washington Consensus, WikiLeaks, women in the workforce, work culture , working-age population
Geographic sweet spots are not static—they grow more or less sweet with the rise and fall of neighbors and shifting trade patterns. Australia’s fall from good to ugly has been rapid. It has gone a quarter-century without suffering a recession, and that long run of success fed a case of severe complacency. Even the major positive for Australia—a relatively fast population growth rate boosted by open immigration—is under threat. Anti-immigrant sentiment is a growing force in Australian politics, despite the fact that the number of migrants is falling. Migration now adds 0.7 percent to the population each year, down by half since 2008, as trouble in commodity industries dries up job opportunities. Like many emerging economies, Australia had indulged itself during the commodity price boom.
The Zionist Ideas: Visions for the Jewish Homeland—Then, Now, Tomorrow by Gil Troy
affirmative action, Albert Einstein, demand response, different worldview, European colonialism, financial independence, ghettoisation, guns versus butter model, Mahatma Gandhi, mass immigration, Mount Scopus, Nelson Mandela, one-state solution, open immigration, Silicon Valley, union organizing, urban planning, work culture , Yom Kippur War, young professional, zero-sum game
The Biltmore Conference in New York that year captured the shift. While reaching out to the Arabs of Palestine, the conference declared: “The new world order that will follow victory cannot be established on foundations of peace, justice, and equality, unless the problem of Jewish homelessness is finally solved.” The conference endorsed opening immigration to Palestine and establishing “a Jewish Commonwealth integrated in the structure of the new democratic world. . . . Then and only then will the age old wrong to the Jewish people be righted.” Having reached that conclusion earlier, Wise was frustrated by “Jewish cowards” who ignored the threat antisemitism imposed and the opportunities Zionism offered.
The Age of Turbulence: Adventures in a New World (Hardback) - Common by Alan Greenspan
addicted to oil, air freight, airline deregulation, Alan Greenspan, Albert Einstein, asset-backed security, bank run, Berlin Wall, Black Monday: stock market crash in 1987, Bretton Woods, business cycle, business process, buy and hold, call centre, capital controls, carbon tax, central bank independence, collateralized debt obligation, collective bargaining, compensation consultant, conceptual framework, Corn Laws, corporate governance, corporate raider, correlation coefficient, cotton gin, creative destruction, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, cuban missile crisis, currency peg, currency risk, Deng Xiaoping, Dissolution of the Soviet Union, Doha Development Round, double entry bookkeeping, equity premium, everywhere but in the productivity statistics, Fall of the Berlin Wall, fiat currency, financial innovation, financial intermediation, full employment, Gini coefficient, Glass-Steagall Act, Hernando de Soto, income inequality, income per capita, information security, invisible hand, Joseph Schumpeter, junk bonds, labor-force participation, laissez-faire capitalism, land reform, Long Term Capital Management, low interest rates, Mahatma Gandhi, manufacturing employment, market bubble, means of production, Mikhail Gorbachev, moral hazard, mortgage debt, Myron Scholes, Nelson Mandela, new economy, North Sea oil, oil shock, open economy, open immigration, Pearl River Delta, pets.com, Potemkin village, price mechanism, price stability, Productivity paradox, profit maximization, purchasing power parity, random walk, Reminiscences of a Stock Operator, reserve currency, Right to Buy, risk tolerance, Robert Solow, Ronald Reagan, Savings and loan crisis, shareholder value, short selling, Silicon Valley, special economic zone, stock buybacks, stocks for the long run, Suez crisis 1956, the payments system, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thorstein Veblen, Tipper Gore, too big to fail, total factor productivity, trade liberalization, trade route, transaction costs, transcontinental railway, urban renewal, We are all Keynesians now, working-age population, Y2K, zero-sum game
T H E AGE OF T U R B U L E N C E tion from Latin America will alter the cultural composition of our society. But these are people who have chosen to leave their home countries, a seeming rejection of much of the populist culture that has so inhibited Latin American economic growth. That was also the case with the open immigration at the turn of the last century. Those immigrants were successfully absorbed in our nation's "melting pot." In the less pressing period after World War II, but before globalization took hold, governments were able to construct social safety nets and engage in other policies to shelter citizens from the gale of creative destruction.