tag:blogger.com,1999:blog-2232587951592761390.post3761206271456061773..comments2023-10-24T06:09:31.378-05:00Comments on EconWeekly: Alien argumentsUnknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2232587951592761390.post-17752222873376999622008-04-21T13:18:00.000-05:002008-04-21T13:18:00.000-05:00A very good write. Keep it up.A very good write. Keep it up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2232587951592761390.post-54618152766020104492008-04-03T17:34:00.000-05:002008-04-03T17:34:00.000-05:00You still got it, EW. I love the honest economics!...You still got it, EW. I love the honest economics!<BR/>-UFAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2232587951592761390.post-12070180058042869232008-04-02T01:20:00.000-05:002008-04-02T01:20:00.000-05:00I can agree with everything said here. I'd also ma...I can agree with everything said here. I'd also make the following 2 changes to the H-1B program:<BR/><BR/>1. Only end employers may apply, and 1 petition per employee is a no-brainer. (Sounds like the latter is currently the case, but not the former.) No consulting companies, body shops, outsourcers allowed - period. The company has to produce something.<BR/><BR/>2. Only companies with headquarters or substantial amounts of revenue generation (> 30% maybe, this is presently an open number in my mind) in the US may petition. US firms with large overseas revenue generation should be sourcing large numbers of their employees locally anyway, for support, sales, marketing and other such positions. Foreign firms with such operations shouldn't have to worry about it anyway because they are foreign and are largely subject to different laws.Khyronhttps://www.blogger.com/profile/08040617292426246605noreply@blogger.comtag:blogger.com,1999:blog-2232587951592761390.post-878790988791410502008-04-01T09:44:00.000-05:002008-04-01T09:44:00.000-05:00"lord":I only wrote about the supply of visas, but..."lord":<BR/>I only wrote about the supply of visas, but one could write an entire post about their allocation. The post was too long already, so I decided not to. Of course I agree that a lottery is not an efficient allocation mechanism.<BR/>You probably know: Gary Becker has written several times on his blog about allocating visas using market prices.Franciscohttps://www.blogger.com/profile/07037104984110610259noreply@blogger.comtag:blogger.com,1999:blog-2232587951592761390.post-39863608652251884042008-03-31T18:41:00.000-05:002008-03-31T18:41:00.000-05:00Overall, it might be better to replace these progr...Overall, it might be better to replace these programs with green cards. While employers might fear not getting the employees they would prefer, it would remove them as a biasing force. Auctioning the slots would bring even more sense to the procedure.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2232587951592761390.post-2546468672429423332008-03-30T13:23:00.000-05:002008-03-30T13:23:00.000-05:00Two aspects.1. If to get it for granted that appli...Two aspects.<BR/><BR/>1. If to get it for granted that applicants with H-1B visas provide a positive intellectual input to the overall labor force, one could expect some extra technological and scientific benefits for lower price, i.e. net technological (likely not monetary) profit. In such technology sensitive industries as pharmaceutics and health care it might be crucial to get as high level of expertise as possible. Therefore, everybody wins in that sense. (This is similar to international trade – developed countries obtain net monetary profit in this trade but provide net technological profit to developing countries) <BR/>2. Since labor force participation rate depends on the growth in real GDP per capita, each and every alien employee, if s/he joins labor force, brings a slight decrease in labor force participation rate for aborigines. Currently, LFP is approximately 66%. So, every newcomer reduces local labor force by approximately 0.34 available positions. (Not all newcomers have paid job, although.)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2232587951592761390.post-16618511981740126132008-03-30T09:25:00.000-05:002008-03-30T09:25:00.000-05:00Chris:I stand corrected. Believe it or not, I was ...Chris:<BR/><BR/>I stand corrected. Believe it or not, I was planning on writing "some workers," not "workers." I am aware that the protectionist feeling is not generalized. I'll change it now.<BR/>Thanks, <BR/>FranciscoFranciscohttps://www.blogger.com/profile/07037104984110610259noreply@blogger.comtag:blogger.com,1999:blog-2232587951592761390.post-85698504492193666212008-03-30T05:00:00.000-05:002008-03-30T05:00:00.000-05:00In your 3rd paragraph, you state:"...workers in th...In your 3rd paragraph, you state:<BR/><BR/>"...workers in the IT industry... would like to restrict the hiring of foreigners..."<BR/><BR/>As a blanket statement, that is not true. Some special interest groups within the IT community hold this opinion, but a great number of people in the IT community have difficulty filling jobs, and understand the need to let skilled workers in, the advantages to our economy of doing so, and the risks involved in playing the protectionist game.<BR/><BR/>I have written an article on my blog concerning the issue of H-1B visas and would like to invite you to join the conversation there as well:<BR/><BR/><A HREF="http://tinyurl.com/24fbo7" REL="nofollow">GigantiCo</A><BR/><BR/>Best regards,<BR/>ChrisAnonymousnoreply@blogger.com