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Culture War Roundup for the week of December 23, 2024

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The whole point of my comment is that overseas labor does not lower wages overall.

And i don't buy it. Especially when one of the core arguments in favor of importing foriegn labor is that it's cheaper/more cost effective than hiring Americans. I have yet to encounter a compelling argument for why the rules of supply and demand shouldn't apply to labor.

The rules apply to specific sectors! But they don't apply to the economy as a whole because, in a sense, every action everyone takes is labor. So adding more labor doesn't reduce the real "price of labor", because the whole thing we're doing is exchanging our labor for the labor of others. Adding more labor reduces the price of labor in dollars (assuming the amount of money in circulation isn't actively adjusted based on the amount of labor, which it does, but whatever), but that doesn't matter because you don't have a fixed amount of dollars, you have a fixed amount of time to spend doing labor! So reducing the price of labor in dollars reduces the amount of money you have, but you can buy more with it - nominal vs real wages. And then what matters from importing new immigrants is whether they make the economy overall more efficient, and in general specialization and comparative advantage means it does.

In general, all economic arguments against immigration in general, without respect to immigrant characteristics, such as the one you're making, are also arguments against pronatalist population growth. And population growth doesn't seem to have been bad for America's economy historically. Arguments that take into account immigrant characteristics work better!

Just to be clear.

You are asking me to believe that it is impossible for changes in the supply of labor to the effect the price of labor.

It would seem to me that history is rife with counter-examples.

... I am arguing that, absent changes in the money supply, it reduces the nominal price of labor, but not the real price of labor?

Like, the population of the United States 3xed in the last 100 years. This was a huge increase in the supply of labor. But it did not reduce the 'real' price of labor, or the value of the goods and services that we consume, because labor creates those goods and we exchange our labor for the consumption of those goods, which balance out. And then the second-order effect on the nominal price is specialization, but that's the main effect for the real price. Again, absent concerns specific to characteristics of immigrants, like culture or genetic ones, which are reasonable. But your argument applies equally well to population growth via new births reducing wages ... and it ... doesn't do that.

I kind of want to say that a lot of people here have a blindspot in their reasoning for anti-immigration arguments, in the same way that people on the left have a blindspot in their reasoning for anti-racism arguments?

I have yet to encounter a compelling argument for why the rules of supply and demand shouldn't apply to labor.

They do, that's the "lowers local wages in specific specific sectors where there's a concentration of foreign labor" effect. If you want an intuition pump for how that doesn't lower (real) wages overall, consider that money isn't real, it's just an account of value. Some total amount of goods and services are produced in the economy, and the more goods and services are produced per person, the richer the average person is.