Congressional Issues 2010
INTERNATIONAL ECONOMIC
POLICY
Immigration in a Division of Labor Economy
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Having outlined the basic difference between a division of
labor economy, where each member of the body play a distinct,
specialized role, and an economy where each play the same role of
self-sufficiency, we are now in a position to see the great
advantages to increased population.
Our teacher is Prof.
George Reisman. His book, Capitalism, is one of
the best economics texts ever written. It is thoroughly Free
Market in perspective. We recommend purchasing the book
using the link at right. You can also view the book online
for free here.[pdf]
We are drawing this information from chapter 9, "The
Influence of the Division of Labor on the Institutions of
Capitalism," Part C, "Economic Competition,"
pages 358-366. |
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[L]et us consider some further illustrations of
the connection between the division of labor and the size of
the population. Consider, for example, why large cities have
so many specialized shops and restaurants, which are rarely
found elsewhere. The reason is that the large population of
such a city constitutes so vast a market that the
statistically most infrequent tastes and interests are present
in a great enough absolute quantity to make their
accommodation possible.
For example, on any given evening perhaps only one person
in ten thousand would like to eat Indian food. If the whole
surrounding territory has only fifty thousand inhabitants,
such a restaurant almost certainly could not survive, for it
would have only five customers on an average evening. Its
survival in such conditions would require patrons willing to
pay very high prices. Only then could it be worthwhile for
anyone to operate such an establishment. But in a large city
or metropolitan area, with a surrounding population of ten
million, say, there will be a thousand people, on average,
wanting such food every evening. As a result, several such
restaurants can exist and prosper.
The same principle applies to specialized book stores,
equipment stores, and so on. It also explains why it is in
large cities that one finds such cultural institutions as
museums, opera companies, symphony orchestras, and so on,
which appeal to refined and, in terms of their frequency of
occurrence, relatively uncommon tastes. Only large cities have
a sufficiently large market to provide a sufficient level of
attendance for such institutions. |
Some may not consider the presence of Indian restaurants,
symphony orchestras, and other cultural institutions -- particularly
if they are opposed to the immigration of people of other cultures
-- to be of any great advantage. So let's consider brain surgery.
Continue to next part.
George Reisman's
Program of Self-Education in the Economic Theory and Political
Philosophy of Capitalism
- MALTHUSIANISM
VS. COVENANTALISM
- Gary North's essay on Darwin, Malthus, and a Biblical
world-view
In his book The Myth of
Over-Population, R.J. Rushdoony shows that the symptoms of
"overpopulation" are actually symptoms of government
intervention. Darwinian and Malthusian assumptions govern the
modern State, and both the Republican and Democrat Parties. |
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Recent Blog Posts
- In the Next Two Years, Congress should:
- expand, or at least maintain, current legal immigration
quotas;
- increase permanently the number of H-1B visas and
deregulate employment-based immigration to facilitate the
entry of skilled immigrants;
- remove the new one-year time limit on filing for
political asylum and reform the "expedited
removal" laws;
- repeal employer sanctions;
- stop the move toward a computerized national
identification system and the use of government-issued
documents, such as birth certificates and Social Security
cards, as de facto national ID cards; and
- reduce restrictions on the movement of workers within
the North American Free Trade Agreement area.
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By the end of
the decade, Congress should:
- Abolish all anti-immigration laws.
As soon as possible, America should:
- Create a vast network of voluntary
social service agencies to meet all immigrants at the
borders or piers and ensure their literacy and familiarity
with American values.
- Commit to on-going transmission of American values to
immigrants in all areas of life. Read
more about this.
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next: part 4
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