Benjamin Studebaker

Yet Another Attempt to Make the World a Better Place by Writing Things

Tag: Capital Flight

Why Immigration Controls Can’t Bring Your Job Back

All over the western world, anti-establishment movements are pushing for immigration controls. They argue that immigrants from developing countries are willing to work for too little and there are too many of them. Because there are so many and they are so cheap, these immigrants take jobs which might otherwise go to native-born westerners. The workers who support immigration controls are right to point out that they have not been receiving a fair shake in the last few decades, but this is not due to immigration–it’s due to capital mobility.

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3 Brexit Futures: Stories from Next Year

In Spring 2019, the UK is meant to leave the EU. Prime Minister Theresa May soldiers on, but many think she can’t get the job done. Former Prime Ministers John Major and Tony Blair gave ruthless speeches again May, and EU’s lead Brexit negotiator accused May of being “vague” and “not credible”. Major–a member of May’s own party–was especially vicious:

It all has me thinking about what comes next. How might these Brexit negotiations conclude? Three possibilities stick out to me.

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