专栏移民

For truth on immigration, look to the Bard not politicians

Policy drives evidence in modern political debate. Nowhere is this more true than in discussion of the economics of immigration to Britain.

In 2007 the home secretary lauded “the purity of the macroeconomic case for migration”, and the immigration ministerLIAM BYRNE claimed: “There are obviously enormous benefits of immigration.” He even quantified the benefit at £6bn a year (though this is hardly “enormous” relative to gross domestic product of £1.5tn). Official predictions grossly underestimated the numbers who would come when the border was opened to Poles in 2004.

By 2012, however, the home secretary was claiming that, without immigration, house prices would be lower and wages higher, and that every 100 immigrants put 23 British workers out of a job. Official predictions appear to have grossly overestimated the numbers who would come in 2014 when the borders were opened to Bulgarians and Romanians.

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约翰•凯

约翰•凯(John Kay)从1995年开始为英国《金融时报》撰写manbetx20客户端下载 和商业的专栏。他曾经任教于伦敦商学院和牛津大学。目前他在伦敦manbetx20客户端下载 学院担任访问学者。他有着非常辉煌的从商经历,曾经创办和壮大了一家咨询公司,然后将其转售。约翰•凯著述甚丰,其中包括《企业成功的基础》(Foundations of Corporate Success, 1993)、《市场的真相》(The Truth about Markets, 2003)和近期的《金融投资指南》(The Long and the Short of It: finance and investment for normally intelligent people who are not in the industry)。

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